AP Cabinet Clears New Land Pooling Plan for Amaravati Infrastructure
The Andhra Pradesh Cabinet has approved a fresh round of land pooling to facilitate infrastructure development in Amaravati, aiming to accommodate the future needs of the capital region. The decision was made during a cabinet meeting chaired by Chief Minister Chandrababu Naidu.The cabinet approved the formulation and implementation of the Capital Region Land Pooling Scheme Rules, 2025. These rules are designed to support the development of world-class infrastructure, including educational institutions, healthcare facilities, and administrative hubs in Amaravati. In line with orders from the Na..
TVS Emerald Acquires 7.18 Acre in Bengaluru for Rs 7 Bn Housing Project
TVS Emerald, the real estate division of the TVS Group, has acquired a 7.18-acre prime land parcel near Rayasandra Lake in southeast Bengaluru to develop a premium residential project. The company anticipates the project will generate revenue exceeding Rs 7 billion.This acquisition marks TVS Emerald’s seventh major land purchase in Bengaluru, underscoring its increasing focus on the city as a key real estate market. The location near Rayasandra has been noted for its strategic advantage due to its proximity to Bengaluru’s IT corridor and ongoing infrastructure improvements, which are expec..
Schneider Electric to Establish New Manufacturing Plant in Tamil Nadu
Schneider Electric, a global leader in energy management and automation, has announced plans to establish a new advanced manufacturing facility in Hosur, Tamil Nadu. The 500,000-square-foot plant, situated at Horizon Industrial Park near Shoolagiri along the Bangalore–Chennai highway, will support the company’s IT Business division by focusing on the production of Battery Management Systems (BMS), including Uninterruptible Power Supply (UPS) systems, Power Distribution Units (PDU), and cooling solutions.The project will be carried out in two phases in partnership with Horizon Industrial Pa..
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