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

06 Apr 2026

InsideFPV Delivers ₹10 Crore Kamikaze Drone Order Under MoD’s EPR Route

InsideFPV, a Surat-based drone technology manufacturer, has successfully executed a ₹10 crore defence contract to supply indigenous kamikaze drones under the Ministry of Defence’s Emergency Procurement Route (EPR). The company completed the delivery of hundreds of FPV kamikaze drone platforms within a rapid two-month timeframe, highlighting its ability to meet urgent military procurement timelines.The supply orders were fulfilled under the emergency procurement mechanism, which is aimed at fast-tracking acquisitions for immediate operational needs. InsideFPV’s quick execution reflects it..

Vedanta Resources Secures Fitch Upgrade to ‘BB-’, Best Rating Since 2015

Vedanta Resources Limited (VRL), a global player in metals, oil & gas, critical minerals, power and technology, has received a credit rating upgrade from Fitch Ratings, marking its strongest bond rating in over a decade.Fitch has raised Vedanta Resources’ Long-Term Foreign-Currency Issuer Default Rating (IDR) to ‘BB-’ from ‘B+’, while maintaining a Stable Outlook. The agency also upgraded VRL’s senior unsecured rating, along with the ratings of US dollar-denominated bonds issued by Vedanta Resources Finance II Plc and guaranteed by VRL, to ‘BB-’.The upgrade represents Vedan..

NAREDCO NextGen NCR Chapter Launched

The NAREDCO NextGen NCR Chapter was recently launched at Excelerate 2026 in Mumbai, marking a key step towards integrating emerging real estate leaders from the National Capital Region with the national platform. The initiative aims to promote sustainable and responsible urban development through collaboration and knowledge exchange.The event brought together young developers, entrepreneurs, and professionals from across NCR, including Noida, Gurugram, Ghaziabad, Faridabad, Bhiwadi, and Meerut. Discussions focused on urban development, finance, sustainability, innovation, and policy, emphasisi..