Three plots will be up for auction by the Gandhinagar development board

02 Aug 2022 CW Team

The Gandhinagar Urban Development Authority (GUDA) intends to hold an online auction of three plots in Kudasan, Sargasan, and Vavol on September 15. The basic value of these plots will range from Rs 108.9 to Rs 404.3 million.

Town planning schemes 6, 7, and 13 apply to the sites. GUDA has set a basic price of Rs 73,000 per sq m for the site in Kudasan, which is anticipated to bring in Rs 404.3 mn.

The site in Sargasan is valued at Rs 51,000 per square metre and is anticipated to produce at least Rs 108.9 mn. The third plot in Vavol will be sold at auction for a minimum of Rs 111.6 mn at a rate of Rs 40,900 per sq m.

On September 15, at 12 p.m., the online auction will be accessible to everyone. Between September 1 and September 9, interested parties can sign up online. The proceeds from the sale of these plots will be used by the top planning authority to purchase tools for maintaining the city's infrastructure.

Also read:
Chandigarh councilors to visit Goa to study waste mgmt
Smart City project attains 30% progress Thiruvananthapuram

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..