Tag: Ludhiana

IndustryLatest Stories

Pay Property Tax by July 31 for Benefits: Ludhiana Chief

LUDHIANA: With just one week remaining for residents to settle their outstanding property tax without incurring any interest or penalties, MC commissioner Aaditya Dachalwal has urged them to take advantage of the one-time settlement (OTS) scheme by submitting their dues by July 31. The MC chief has instructed zonal commissioners, superintendents, and other officials to hasten the collection of dues from residents and take action against defaulters. He convened a meeting at the zone ‘D’ office of the civic body in Sarabha Nagar on Thursday, attended by MC additional commissioner Paramdeep Singh, assistant commissioner (UT) Pragati Rani, and zonal commissioners…

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TDI Infrastructure Repays ₹2,000 Crore, Achieves Debt-Free Status

NEW DELHI: TDI Infrastructure Ltd has successfully repaid its total debt of Rs 2,000 crore, officially becoming a debt-free entity. In a statement released on Thursday, the company confirmed that it has “cleared all outstanding obligations amounting to Rs 2,000 crore without any restructuring, settlement, or waiver.” TDI Infrastructure is now focusing on consolidating its assets and developing both residential townships and commercial properties. TDI Infrastructure’s Akshay Taneja commented, “Achieving a debt-free status has been a significant milestone in our transformation journey. It exemplifies our long-term discipline and commitment to delivering tangible results while upholding financial integrity.” The company plans…

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Ludhiana Civic Body Overwhelmed by Property Tax Hike Queries

LUDHIANA: Following the announcement of a 5% increase in property tax, civic officials are fielding numerous inquiries from residents regarding potential new tax payments. The state government’s notification specifies that the revised rate will take effect from April 1. However, officials from the Municipal Corporation (MC) clarified that this increase has been in place since 2021 and is already being collected. This recent notification stems from a letter issued in 2021, allowing the state government to access additional borrowing from the central government under various schemes. The local bodies department’s letter indicates that, for ULBs (Urban Local Bodies) to qualify…

InfrastructureLatest Stories

Ludhiana to Build Construction and Demolition Waste Plant

Representative image created by AI LUDHIANA: After years of delays, Ludhiana’s civic authorities have launched a long-awaited construction and demolition (C&D) waste processing plant, aimed at tackling the city’s issue of illegally dumped construction debris. Located in Dhandhari, the facility was inaugurated on Wednesday after an inspection by Municipal Corporation Commissioner Aaditya Dachalwal and senior officials. The project, worth ₹7.39 crore (A$1.3 million), was funded under the Swachh Bharat Mission and the Smart City Mission, and is designed to process up to 100 tonnes of construction waste daily. “This plant will enhance cleanliness throughout the city,” stated Commissioner Dachalwal. “We…

InfrastructureLatest Stories

Ludhiana Identifies Over 150 Unsafe Buildings

LUDHIANA: The town planning department has completed a new survey identifying 159 unsafe buildings across the city, covering all four zones. Officials have compiled a list and issued notices to the owners of these properties. The survey indicates that Zone D has the highest number of unsafe buildings at 55, while Zone A, which includes the old city, has 48. Zones B and C follow with 21 and 35 unsafe buildings, respectively. Comparatively, a 2021 survey showed Zone A had 64 unsafe buildings, with Zones B, C, and D reporting 21, 38, and 33 unsafe buildings, respectively. An official noted…

InfrastructureLatest Stories

Ludhiana to Soon Inaugurate Construction Waste Plant

Representative Image LUDHIANA: Several highly anticipated projects by the civic body are set for inauguration and will soon be accessible to the public. The all-weather swimming pool and the construction and demolition waste plant have been completed, while the basketball court is nearing its finish. Officials anticipate that the remaining work will take another week. The construction and demolition (C&D) waste plant located in Dhandhari was originally part of the Smart City Mission but later transitioned to the Swachh Bharat Mission due to rising costs and structural changes. Initially budgeted at Rs 2.69 crore, the project faced challenges when the…