Nitish Kumar Lays Foundation for Rs 3.82 Billion Projects

23 Jan 2025 CW Team

During his Pragati Yatra visit to Begusarai, Bihar Chief Minister Nitish Kumar inaugurated 214 projects worth Rs 1.81 billion and laid the foundation for 427 projects valued at Rs 3.82 billion. The ceremonies were held at the newly constructed block-cum-circle office in Begusarai town.

Key highlights included Kumar’s announcement of the Begusarai bypass road, designed to connect Simaria to Lakhminia via Bind Toli, easing congestion on NH-31. Kumar personally visited Sihma village to assess implementation challenges. He also conducted an aerial survey of the Kabar Wetland, Asia’s largest freshwater lake and Bihar's first Ramsar site. The revival plan includes dredging and desilting to enhance connectivity between water bodies, aiming to transform the wetland into a major tourist destination. Kumar described it as "a biodiversity treasure and a haven for migratory birds."

The CM also announced plans to develop the Simaria Kalpavas Mela into a cultural hub akin to Mithila Haat. Additional road projects included a bypass connecting Bakhri in Begusarai to Bahadurpur in Khagaria and the widening of the Teghra-Mubarakpur road.

Earlier in Maniappa village, Kumar inaugurated a Panchayat Sarkar Bhavan and a sports ground. He interacted with girls undergoing martial arts training, promoting self-defense initiatives, and met with Jeevika Didis at self-help group stalls, distributing token cheques for subsidies.

At Manjhaul, Kumar inaugurated a Rs 100 million, 75-bed sub-divisional hospital to improve healthcare services in the region. The visit concluded with a review meeting with district officials to assess the progress of ongoing development schemes. Kumar was accompanied by Deputy CM Samrat Choudhary, ministers, and senior officials.

(TOI)

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..