Opinion: Union Budget a booster shot for the real estate sector
Locals urge CM to opt for road bypass over flyover at Dandeavaddo
Chinchinim villagers respectfully requested Pramod Sawant, Chief Minister, to instruct the Public Works Department (PWD) and the National Highway authorities to construct a road bypass instead of a flyover on the Dandeavaddo stretch of NH66. The villagers, led by Sarpanch Frank Viegas and Velim MLA Cruz Silva, also raised the long-standing issue of building the Chinchinim Panchayat Ghar and a multi-purpose project on panchayat land that was acquired more than 15 years ago. The delegation met the Chief Minister at the St. Sebastian Chapel junction in Chinchinim as he was returning home from a..
MLA Yashpal Suvarna Announces Malpe-Udupi Highway Construction from Nov 6
MLA Yashpal Suvarna instructed officials to commence work on the Malpe-Udupi Highway on Wednesday. A meeting took place, attended by MP Kota Shrinivas Poojary, Udupi MLA Yashpal Suvarna, and Kaup MLA Suresh Shetty Gurme, to discuss the National Highway 169A project, which spans from Malpe to Udupi, covering areas like Hiriyadka, Parkala, and Perdur. The project had experienced delays due to incomplete land acquisition, but compensation notices have now been issued to the landowners. Of the 214 land acquisition files, 19 pertain to government land, while 195 involve private owners. Notices ha..
Cube Highways Trust Announces Rs 2/Unit Q2 FY25 Distribution
Cube Highways Trust, under the management of Cube Highways Fund Advisors, recently reported its financial performance for the half-year ending September 30, 2024. The Trust’s consolidated income for this period reached Rs 16,891 million, with a consolidated EBITDA of Rs 11,643 million. The Investment Manager’s Board of Directors has approved a Distribution Per Unit (DPU) of Rs 2.00 for the second quarter of FY 2024-25, totalling a distribution of Rs 2,668.89 million for ordinary unitholders. This distribution will be based on a record date of November 4, 2024, and is scheduled for payment..