InfrastructureLatest Stories

Twelve Illegal Houses Razed in Ujjain’s Begambagh Area

Representative image UJJAIN: On Wednesday, the Ujjain Development Authority, supported by an administrative team and the municipal corporation, successfully demolished 12 illegal houses across three plots in the Begambagh area, near the Neelkanth Gate of Mahakal Temple. The properties, owned by the Ujjain Development Authority, were leased for residential use for a period of 30 years. CEO Sandeep Kumar Soni explained, “This action follows the dismissal of the stay by the honorable courts. Although these plots were allocated for residential purposes, they were being used commercially. Moreover, the lease has expired and could not be renewed, prompting this demolition.” The…

CommercialLatest Stories

Ujjain IT Park Expands with Phase II Development

INDORE: The IT Park in Ujjain, currently being developed, is set to expand into phase two, which will accommodate more technology firms and startups. Madhya Pradesh Industrial Development Corporation (MPIDC) has designated a developer for the second phase, covering approximately 1.5 acres. “The plan for the second phase of the IT Park has been approved, and a developer is on board to advance the project. Our goal is to foster an ecosystem and enhance infrastructure for the IT and startup sectors. There is significant demand from tech companies for well-equipped spaces. Phase one has received a positive response, and we…

IndustryLatest Stories

Omaxe to invest ₹1,200 crore in 450-acre Indore township

Representative image created by AI NEW DELHI: Omaxe, through its subsidiaries, plans to expand in Madhya Pradesh by acquiring a 450-acre land parcel along the Super Corridor in Indore. The company aims to develop an integrated township on this site with an estimated investment of ₹1,200 crore. The project will be executed in multiple phases and is anticipated to generate ₹2,500 crore in revenue over the next three years. Funding for the project will primarily come from internal accruals. The upcoming township will include a mix of residential plots and clusters, commercial and retail spaces, hospitality areas, as well as…