Andhra Govt to Return 2,180 Acres Acquired for SEZ

25 Oct 2025 CW Team

The Andhra Pradesh Government has announced plans to return 2,180 acres of land acquired nearly two decades ago for a Special Economic Zone (SEZ) project in Rambilli, Visakhapatnam district. The decision follows prolonged inactivity on the project and appeals from farmers for restoration of their land.

According to officials, the land was acquired between 2005 and 2007 through the Andhra Pradesh Industrial Infrastructure Corporation (APIIC) for developing the Petroleum, Chemical, and Petrochemical Investment Region (PCPIR). However, with the project failing to take off, the government recently reviewed the status and decided to hand back unutilised portions to their original owners.

A committee headed by the district collector has been constituted to oversee the process, which includes verifying ownership records and assessing compensation adjustments. State authorities stated that this move aligns with the policy to return unused acquired land, ensuring fairness and sustainable utilisation of resources.

The announcement has been welcomed by local farmers, who have long demanded the release of land that remained idle without industrial activity.

Real Estate

06 Feb 2026

IGBC Green Karnataka Summit 2026 Highlights State’s Green Leadership

The CII Indian Green Building Council (IGBC) hosted the first IGBC Green Karnataka Summit 2026 in Bengaluru, bringing together government leaders, urban planners, developers, architects and industry stakeholders to deliberate on “Advancing Sustainability vis-à-vis Climate Resilience in Urban Built Karnataka”.Karnataka currently has 1,539 registered green building projects accounting for a cumulative 1.13 billion sq ft of certified green building footprint, ranking third in India by number of buildings adopting IGBC Green Building Ratings. The summit reinforced a collective shift from inte..

MIC Electronics Bags First PAPIS Order from RCF Kapurthala

MIC Electronics has received a Letter of Acceptance (LoA) from Rail Coach Factory (RCF), Kapurthala, for its first order in the Passenger Announcement and Passenger Information System (PAPIS) segment, marking a new addition to the company’s railway electronics portfolio.The order was awarded following successful evaluation of the company’s bid by the competent authority. MIC Electronics said the scope of work will be executed in line with the agreed rate structure, delivery schedules, inspection requirements, warranty provisions and other standard terms and conditions prescribed by RCF.Com..

Prozo Opens 1.5 Lakh Sq Ft Multi-Client Fulfilment Hub

Prozo has launched its largest multi-client fulfilment hub, a 1.5 lakh sq ft enterprise-grade facility at Horizon Industrial Parks, Gurugram, Haryana, strengthening its expanding national warehousing network. The new site is Prozo’s sixth multi-client facility in Haryana and eleventh in Northern India, within a network of over 50 fulfilment centres spanning 3 million sq ft.Designed as a model warehouse for North India, the facility combines high-specification infrastructure with Prozo’s proprietary technology stack to support complex and high-volume operations for enterprise, retail and D2..