Prices of Mysuru development body sites auctioned online

10 Oct 2023 CW Team

The recent revision of property guidance values is poised to affect the pricing dynamics of corner and intermediate sites available for auction through the Mysuru Urban Development Authority (MUDA). While authorities have indicated that the quantity of auctioned sites won't be significantly affected, they acknowledge the likelihood of a slight price increase.

In a recent auction organized by the urban body, approximately 100 sites were listed for sale. Notably, the base price for two corner sites in Vijay Nagar IV stage was established at Rs 3.5 crore and Rs 2.9 crore, while four intermediate sites were priced at Rs 1.6 crore.

However, real estate experts have pointed out that the market price for sites in the same locality is significantly higher, ranging from around Rs 4.5 to 5,000 per square foot.

The adjustment in guidance values is expected to introduce changes in the pricing landscape, potentially influencing the cost of properties in the region. While the impact may not be drastic, it underscores the importance for prospective buyers and investors to stay informed about these property value fluctuations during MUDA's auctions.

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..