Dharwad to get Rs 50 billion development push by PM Narendra Modi

10 Mar 2023 CW Team

March 12 will go down in Dharwad district history as a significant day, as Prime Minister Narendra Modi will lay the foundation stone and dedicate development projects expected to be around Rs 50 billion. According to Union Parliamentary Affairs Minister Pralhad Joshi, the Prime Minister will officially open the new campus after touring the IIT-Dharwad permanent campus that has just been built in Mummigatti off Dharwad.

Modi will also dedicate the world's longest railway platform, which was built in Hubballi railway station, at a ceremony held outside the IIT-Dharwad campus. He will formally launch the irrigation project at Tupparihalla. The work order of Rs 1.5 billion has been sanctioned for this project, which has an overall cost of Rs 3.12 billion. He will also lay the foundation stone of the Rs 12 billion Jal Jeevan Project which supplies tap water to 144 gramme panchayats, and the Rs 2.5 billion Jayadeva Center of Cardiovascular Care. He will dedicate 295 Vivek classrooms that cost Rs 420 million to build. There will be 15 works inaugurated as part of the Smart City initiative, worth Rs 3.53 billion.

In addition, PM Modi will officially launch the electrification project for the Hubballi-Hosapete rail line and lay the cornerstone for the high-tech sports centre in Hubballi, which would cost Rs 1.66 billion. Joshi stated that PM Modi will speak at a public gathering and that more than two lakh people are anticipated to attend.

Real Estate

07 Jul 2026

Pecan Realty Completes Rs 1.5 Billion Transactions

Pecan Realty has recently completed four institutional transactions worth over Rs 1.5 billion over the past two years, strengthening its position as an execution-led real estate platform. The deals include resolution-led acquisitions, structured finance transactions and capital partnerships across its development portfolio.The transactions covered acquisitions through the National Company Law Tribunal process and helped provide repayment or exits to both private and public sector lenders. The company said the deals demonstrate its ability to resolve complex project situations, work with instit..

SNN Estates Expands North Bengaluru Housing Project

SNN Estates has announced an expansion of its SNN Estates Felicity residential project in North Bengaluru following strong buyer demand, with 75 per cent of the first-phase inventory sold within three days of launch.The developer will add 76 apartments in the new phase, taking the project's estimated revenue potential to around Rs 1,000 crore upon completion of Phase 2.Spread across 6.5 acres in Rachenahalli, near Manyata Tech Park, the project comprises 604 apartments in 1.5, 2, 2.5, 3 and 4 BHK configurations. The development includes a 50,000-sq-ft clubhouse with amenities such as sports co..

SCG Drives ASEAN Industrial Transformation Strategy

SCG is strengthening its focus on ASEAN as a key growth region by advancing industrial transformation, enhancing competitiveness and building resilient regional value chains. Thammasak Sethaudom, President and Chief Executive Officer, SCG, highlighted the need for industries to continuously develop capabilities, strengthen resilience and deepen regional cooperation to achieve sustainable long-term growth.SCG views ASEAN as an important growth engine alongside China, supported by favourable demographics, trade connectivity and investment flows. With ASEAN’s GDP projected to grow by around 4.7..