Mangaluru Adopts TDR for Affordable Housing

30 Jan 2024 CW Team

Mangaluru, renowned for its scenic landscapes, is now making waves in urban development with a pioneering decision by the civic body. The city plans to address the escalating demand for affordable housing by adopting Transferable Development Rights (TDR) as a means to acquire land for housing schemes.

This strategic move allows the municipality to navigate the challenges of land acquisition and allocation more efficiently. TDR facilitates the purchase of land from willing sellers, providing them with development rights in other parts of the city. This not only streamlines the acquisition process but also ensures equitable distribution of housing development opportunities.

The decision comes at a crucial juncture when urban centres grapple with the pressing need for housing solutions. Mangaluru's civic body, by embracing TDR, not only showcases forward-thinking urban planning but also sets an example for other municipalities to explore innovative methods in addressing housing challenges.

This paradigm shift in land acquisition methods is poised to reshape the city's skyline, making affordable housing more accessible to its residents. As Mangaluru pioneers this approach, the ripple effect on urban development strategies across the nation is anticipated. Stay tuned for updates on this transformative journey.

Infrastructure Urban

30 May 2026

Panasonic Showcases Connected Display Solutions

Panasonic Life Solutions India showcased its integrated display, projection, broadcast and communication technologies at Panasonic Tech Summit 2026 in New Delhi. Hosted through its System Solutions Division, the two-day event highlighted connected technology solutions for education, healthcare, retail, transportation, corporate offices and entertainment.The summit, themed ‘Turning Technology into Value’, featured experience-led zones covering QSR, retail, transit, corporate offices, healthcare, education, security, projection, home theatre and professional displays. Panasonic also introduc..

Kapsch to Deliver India’s First C-ITS Project

"Kapsch TrafficCom will deliver India’s first Cooperative Intelligent Transport Systems project on a key expressway near New Delhi. The project will be implemented with Superwave Communication And Infrasolution Limited to demonstrate how connected mobility can improve road safety and traffic efficiency.The pilot will use real-time connectivity and AI-enabled situational awareness to support road users, especially in high-risk areas such as temporary work zones. Drivers will receive alerts on roadworks, maintenance vehicles, hazardous locations, traffic queues and temporary virtual signage di..

Eurobond Net Profit Rises 44 Per Cent

Euro Panel Products, the parent company of Eurobond, reported a 44.13 per cent year-on-year rise in net profit for FY25–26. The company’s revenue from operations grew 18.91 per cent to Rs 503.20 crore, compared to Rs 423.18 crore in the previous financial year.The company’s full-year EBITDA stood at Rs 56.67 crore, marking a 31.82 per cent increase. Profit after tax rose to Rs 26.56 crore, while net worth increased 20.15 per cent to Rs 160.07 crore. Earnings per share for the year stood at Rs 10.84.Divyam Rajesh Shah, Whole Time Director and CFO, Euro Panel Products, said the company’s..