CEO assures Smart City projects on schedule for May 31 finish

14 May 2024 CW Team

Sanjit Rodrigues, the CEO of IPSCDL, stated that he had convened a review meeting with stakeholders, including the PWD officials, to discuss the progress of Smart City projects. During the meeting, he mentioned the commitment to completing designated areas by May 31 and reminded contractors of the deadline. Despite challenges like high water tables and traffic hindrances, Rodrigues expressed confidence in timely completion.

Sanjit Rodrigues also mentioned the progress and challenges faced by the project. He acknowledged the difficulties but assured that efforts were being made to stay on track for the May 31 deadline. Rodrigues highlighted issues such as manpower shortages due to elections and the need to balance work with curing time for concrete roads.

Regarding concerns about water wastage, Rodrigues clarified that most of the water being pumped out during dewatering was necessary for construction work and not wastage. He emphasised the importance of proper drainage systems in Smart City projects to prevent flooding during monsoon showers.

Rodrigues also addressed criticisms regarding the placement of water pipelines, stating that proper care had been taken to ensure separation from sewage chambers. Despite challenges and criticisms, Rodrigues reaffirmed his commitment to completing the project by the deadline, with a possible slight extension if necessary.

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..