VMRDA To Focus On Revenue Generating Initiatives
ECONOMY & POLICY

VMRDA To Focus On Revenue Generating Initiatives

Visakhapatnam Metropolitan Region Development Authority prepared an action plan under the leadership of Chairperson MV Pranav Gopal and Metropolitan Commissioner N Tej Bharath to strengthen the organisation's financial position. During a review meeting on ongoing development works on Monday, the chairperson and commissioner directed officials to emphasise the authority's revenues by initiating the auction of completed layouts and plots. The measures were framed to bolster internal resources and reduce dependence on external funding.

Pranav Gopal reiterated that all projects must be completed within stipulated timelines and instructed engineers to adopt a proactive approach to delivery. He warned that negligence and delays would not be tolerated and emphasised collective achievement of government targets without compromise. Officials were asked to work in a coordinated manner across departments to meet deadlines and improve accountability.

Commissioner N Tej Bharath outlined immediate corrective measures to remove bottlenecks in key infrastructure works and directed concerned officials to expedite the shifting of electricity poles that obstructed the construction of master plan roads. He linked the removal of such obstacles to seamless progress of urban expansion projects and urged timely completion of priority stretches. The commissioner also stressed close coordination with the Greater Visakhapatnam Municipal Corporation for transparent and timely distribution of Transferable Development Rights to property owners affected by road widening.

The commissioner cautioned that strict action would be taken against any lapses that could impact the organisation's reputation and asked officials to maintain high standards of conduct and supervision. Chief engineer Vinay Kumar, secretary Murali Krishna, supervising engineers Bhavani Shankar and Madhusudhan Rao, along with executive engineers and other engineering staff, attended the meeting. The authority expects that the focus on auction revenues and project discipline will strengthen its fiscal health and accelerate urban development activities.

Visakhapatnam Metropolitan Region Development Authority prepared an action plan under the leadership of Chairperson MV Pranav Gopal and Metropolitan Commissioner N Tej Bharath to strengthen the organisation's financial position. During a review meeting on ongoing development works on Monday, the chairperson and commissioner directed officials to emphasise the authority's revenues by initiating the auction of completed layouts and plots. The measures were framed to bolster internal resources and reduce dependence on external funding. Pranav Gopal reiterated that all projects must be completed within stipulated timelines and instructed engineers to adopt a proactive approach to delivery. He warned that negligence and delays would not be tolerated and emphasised collective achievement of government targets without compromise. Officials were asked to work in a coordinated manner across departments to meet deadlines and improve accountability. Commissioner N Tej Bharath outlined immediate corrective measures to remove bottlenecks in key infrastructure works and directed concerned officials to expedite the shifting of electricity poles that obstructed the construction of master plan roads. He linked the removal of such obstacles to seamless progress of urban expansion projects and urged timely completion of priority stretches. The commissioner also stressed close coordination with the Greater Visakhapatnam Municipal Corporation for transparent and timely distribution of Transferable Development Rights to property owners affected by road widening. The commissioner cautioned that strict action would be taken against any lapses that could impact the organisation's reputation and asked officials to maintain high standards of conduct and supervision. Chief engineer Vinay Kumar, secretary Murali Krishna, supervising engineers Bhavani Shankar and Madhusudhan Rao, along with executive engineers and other engineering staff, attended the meeting. The authority expects that the focus on auction revenues and project discipline will strengthen its fiscal health and accelerate urban development activities.

Next Story
Resources

Origen Realty appoints Poulomi Ray as CMO

Origen Realty has appointed Poulomi Ray as Chief Marketing Officer, strengthening its leadership team as it advances its growth and brand strategy. Poulomi Ray brings nearly two decades of experience in brand building and marketing across real estate and hospitality sectors, with prior roles at Signature Global, DLF Limited, Paras Buildtech, MGM International and Hilton. In her new role, she will lead marketing and brand direction at Origen Realty, focusing on visibility, differentiation and market engagement as the company progresses its integrated development plans in Gurugram. Commenting..

Next Story
Building Material

Haver & Boecker Niagara to showcase solutions at Hillhead

Haver & Boecker Niagara will showcase its mineral processing technologies at Hillhead 2026, scheduled from June 23–25 in Buxton, UK.At Stand PA3, the company will present its end-to-end solutions including screeners, screen media and advanced diagnostics, with a focus on improving efficiency, uptime and throughput for aggregates producers.Highlighting its screen media portfolio, the company will feature Ty-Wire media with hybrid design offering up to 80 per cent more open area, alongside FLEX-MAT® solutions designed to enhance wear life and throughput while reducing blinding and cloggin..

Next Story
Real Estate

CREDAI-MCHI meets Maharashtra Revenue Minister on issues

Navin’s, a Chennai-based real estate developer, has won the 17th CIDC Vishwakarma Award 2026 for its residential project Navin’s Hanging Gardens located on Arcot Road, Valasaravakkam. The award was presented by the Construction Industry Development Council (CIDC) under the category of Best Construction Projects, recognising the development’s achievement in innovation, design excellence and sustainability.The award was received by Chandrasekar PN, General Manager, Technical, Navin’s, at the ceremony held in New Delhi.Inspired by the legendary Hanging Gardens of Babylon, the project has ..

Advertisement

Subscribe to Our Newsletter

Get daily newsletters around different themes from Construction world.

STAY CONNECTED

Advertisement

Advertisement

Advertisement