Nellore’s Urban Forest Set for Completion with Rs 6M Boost

18 Apr 2025 CW Team

The Forest Department is gearing up to complete the Nellore Nagaravanam project near Kothur in Amancherla, with Rs 6 million in central funds expected soon.

Spread across 125 hectares, the park is being developed as one of the largest urban green spaces in Andhra Pradesh. Initially launched in 2017 under the TDP government, the project has already seen Rs 35 million spent to develop the first 50 hectares, supported by Rs 14 million from the Centre and Rs 21 million from the State.

District Forest Officer Mehaboob Basha said the remaining works will be wrapped up within three months once the final tranche is received.

Open daily from 6 am to 6 pm, the park features walking and trekking tracks, yoga spaces, musical fountains, children’s play zones, open gyms, viewpoints, wildlife-themed arches, and event halls—designed as a wellness and recreation hub.

Nominal entry fees are charged—Rs 20 for adults and Rs 10 for children—while additional revenue comes from photography permits, function hall rentals, and open space bookings for events. The site currently earns around Rs 300,000 monthly and is set to allow film and video shoots to boost visibility and revenue.

“Urban forests like Nagaravanam are crucial for sustainability and environmental awareness,” said ecologist Dr R. Sreedhar.

Infrastructure Urban

30 Oct 2025

Infrastructure Opportunity Outlook by IMPACCT.Info

India’s infrastructure pipeline is witnessing dynamic activity across stages — from immediate bidding to future planning. IMPACCT segments these into three categories: Immediate, 3–6 Month, and Future Opportunities, enabling businesses to identify, prepare, and participate in high-value tenders and projects across sectors...To read the full article Click Here..

Serene Communities, Prathima Group Invest Rs 4 billion in Hyderabad

Serene Communities by Columbia Pacific, India’s largest senior living operator, has partnered with Prathima Group to develop two senior living projects in Hyderabad, marking its entry into Telangana. The collaboration represents an investment of Rs 4 billion, combining Serene’s international expertise with Prathima’s local development experience. The first project, Serene BILVANI One, launched in Shankarpally, is Hyderabad’s first premium senior living community. Designed for independent and active ageing, it features senior-friendly architecture, barrier-free design, and wellness..

India remains our most important market

Foundamental, the world’s leading venture capital platform focused on the project economy, has launched its third fund to strengthen its presence in India, APAC, and other global markets. Led by Berlin-based Managing Partners Shubhankar Bhattacharya and Patric Hellermann, Fund III aims for a final close by the end of 2025. In an exclusive interaction with CW, Bhattacharya shares insights on the fund’s mandate, India’s role in their strategy, and the opportunities they see in the construction-tech and project-based sectors. Can you briefly explain Fund III’s mandate and how In..