Vingroup plans 1,000-acre smart city project in Telangana

25 Jul 2024 CW Team

Vietnamese conglomerate Vingroup, having established a 40 billion integrated electric vehicle (EV) manufacturing facility in Tamil Nadu through its group company VinFast, is now considering Telangana, particularly Hyderabad, for further expansion. The company is exploring the possibility of a 1,000-acre mega smart city project in and around Hyderabad and has started scouting for suitable locations.

The VinFast India leadership team, headed by CEO Pham Sanh Chau, met with Industries Minister D Sridhar Babu late last week to discuss potential investment areas, according to sources from the Telangana industries ministry. A source mentioned that VinFast is not only interested in the smart city project but is also considering establishing EV components manufacturing in the state.

The discussions focused on large-scale public key infrastructure projects, sustainable smart urban mobility solutions, services for future cities, and social housing initiatives. It was noted that the minister emphasised the urgent need to develop robust urban infrastructure, including new satellite cities equipped with clean water, reliable power, transportation systems, 5G-enabled smart mobility, healthcare, business infrastructure, and wellness and hospitality facilities supported by social housing.

Those familiar with the meeting also mentioned that the minister informed VinFast officials that Hyderabad is expected to house half of Telangana's population within the next 15 years due to rapid urban migration, which will significantly strain the city's existing infrastructure. This challenge is one the state government is seeking partners to address.

Vingroup is already undertaking a $ 1.3 billion smart city project on the outskirts of Hanoi, and the group's officials also informed the minister about their plans to develop similar smart cities in other parts of the world.

Real Estate

05 Dec 2025

RBI Rate Cut Boosts Confidence Across Housing Market

Industry Context and Market DynamicsThe real estate industry has welcomed the RBI’s rate cut as a timely boost to affordability and demand. With home prices having risen steadily across major markets, even a marginal reduction in interest rates meaningfully strengthens purchasing power, especially for first-time and mid-income buyers.Ashish Jerath, President – Sales & Marketing, Smartworld Developers, observes:“The RBI’s 25-basis-point cut, bringing the repo rate down to 5.25%, is a timely boost for the real estate sector. Lower interest rates reduce borrowing costs, enabling homeb..

BMC Resumes Rs 170 Billion Road Works, Targets 80 per cent By Jan 2026

Following the withdrawal of the southwest monsoon in October, the Brihanmumbai Municipal Corporation (BMC) has restarted work on 645 roads—covering 297.49 kilometres—under its large-scale concretisation programme. Data shows that more than 60 per cent of the resumed works are located in the western suburbs. Officials said the civic body aims to complete concretisation on 80 per cent of the roads where fresh work has begun by January 2026. Launched in 2022, the Rs 170 billion project seeks to concretise 700 kilometres of roads across Mumbai. All civil works were halted during the monsoon ..

India Pushes Digital Shift In Urban Land Mapping

The Department of Land Resources (DoLR) under the Ministry of Rural Development has convened a National Symposium on NAKSHA – the National Geospatial Knowledge-based Land Survey of Urban Habitations – to advance India’s transition to modern, technology-driven land mapping. Speaking at the inaugural session, Secretary Manoj Joshi underscored the urgent need to move revenue departments away from outdated, tape-based methods and rough hand-drawn sketches. He stressed that adopting latitude–longitude-based digital mapping and GIS-linked registration systems is essential for economic stabi..