
Underground Drainage works in KVV, Thudiyalur to be completed by September 2026
Launched on May 8, 2023, the Rs 935.92-crore project was inaugurated by Municipal Administration, Urban and Water Supply Minister KN Nehru and former Electricity Minister V Senthil Balaji. Initially estimated at Rs 860.80 crore, the project cost was later revised to the current figure. Of the total cost, Rs 774.72 crore is being funded through loans and grants, while Rs 96.08 crore is contributed by the local body.
Sources said that the scheme implemented by the TWAD Board on behalf of the Coimbatore City Municipal Corporation (CCMC), is designed to serve 12 full wards and parts of two other wards. Based on the 2011 census, these areas have a population of over 2.05 lakh. The sewage generation is projected to be 28.29 million litres per day (MLD) at present, possibly rising to 49.18 MLD in the future.
Despite the project's importance, progress has been sluggish. Residents and daily commuters have been grappling with dug-up roads, traffic diversions, and dust pollution due to the ongoing works. Many have expressed frustration over the inconvenience caused.
When contacted, a senior TWAD Board official acknowledged the initial delays but assured that the project is now on track. "The work is being carried out in full swing now. Although we faced a few hurdles in the middle, all issues have been sorted out and work is being expedited," the official told TNIE.
Presently, 40% of total project funds have been utilised. With over a year remaining for the targeted completion date, officials are hopeful of meeting the deadline, promising significant improvement in sewage infrastructure for these fast-growing suburbs of the city.
Hashtags

Try Our AI Features
Explore what Daily8 AI can do for you:
Comments
No comments yet...
Related Articles


Indian Express
a few seconds ago
- Indian Express
Bombay HC quashes notice issued by magistrate to HDFC Bank CEO in criminal defamation complaint
The Bombay High Court earlier this month quashed a notice issued to HDFC Bank and its Managing Director and CEO Sashidhar Jagdishan by the magistrate court in a criminal defamation complaint filed by Lilavati Kirtilal Mehta Medical Trust (LKMM Trust), which oversees the Lilavati Hospital in Bandra (West). The HC held that the Judicial Magistrate First Class (JMFC), Girgaon had issued notice to Jagdishan in contravention of procedure laid down under the Bhartiya Nagarik Suraksha Sanhita, 2023 (BNSS). The magistrate on the same day issued notice to the Bank, Jagdishan and others. The Trust, in its criminal complaint had alleged that the Bank and Jagdishan had made 'malicious and derogatory' statements against the Trust and its permanent trustee Prashant Mehta. Aggrieved by the notice issued in criminal defamation complaint, Jagdishan approached the HC. Senior advocates Ravi Kadam and Sudeep Pasbola for Jagdishan argued that the magistrate had issued the notice on the same day the complaint was filed and order to issue notice was made without recording complainant's sworn verification, which was mandated as per the law. On the other hand, senior advocate Aabad Ponda for the Trust argued that the magistrate was entitled to issue notice before taking cognisance of the case. The Trust argued that section 223 of Bhartiya Nagrik Suraksha Sanhita (BNSS) provided that the court has to hear the accused before taking cognisance of the complaint, which the court rejected and said the same was incorrect if the main provision and the proviso of the section were considered together. Justice Shriram M Modak emphasised that verification of complainant and witnesses after filing of private complaint was necessary and the proposed accused was required to be heard. 'If we consider the chronology, it shows that after filing of complaint there has to be verification of the complainant and witnesses and when prior to decision on taking cognizance is taken, the accused needs to be heard. Hearing the accused cannot be interpreted prior to recording the verification and the statement of witnesses if any,' Justice Modak observed. 'There is a purpose of recording the verification. It gives an opportunity to the Magistrate to ascertain whether to proceed further or not, the judge added and quashed and set aside the order of issuance of notice to proposed accused Jagdishan. The court clarified that the magistrate was at liberty to proceed with the matter by recording the verification of the Complainant and all witnesses, if any and then pass the appropriate order. The Trust has also filed a defamation suit in Bombay HC against the HDFC Bank and Jagdishan seeking damages of Rs. 1,000 crore and the same is pending before the court. Meanwhile, Jagdishan had filed a criminal writ petition challenging FIR registered against him on a complaint filed by the Trust, accusing him of accepting a bribe of Rs 2.05 crore to help a group consisting of one Chetan Mehta and other erstwhile trustees to retain alleged illegal control over the trust. The next hearing on Jagdishan's writ plea is scheduled on August 20.


Economic Times
28 minutes ago
- Economic Times
Kotak Realty Fund backs KVN Properties with Rs 1,000 crore bet on residential growth
Synopsis Kotak Investment Advisors, via its Kotak Realty Fund, is set to invest ₹1,000 crore in KVN Properties, a land aggregation platform. The investment, structured in two tranches, will fuel KVN's expansion plans across major metros, aiming for 10 million sq. ft. of development potential by FY26. Kotak Investment Advisors, through its Kotak Realty Fund, plans to invest Rs 1,000 crore in KVN Properties, an institutionally-backed land aggregation platform, said people familiar with the deal is structured in two tranches of Rs 600 crore and Rs 400 crore through debentures with the option of converting into equity at a later stage, the people said.'The documentation is in advanced stages and the closure is expected by the end of this month,' said one of the persons cited KVN, led by real estate veteran Venkat K. Narayana, the latest infusion provides the growth capital required to rapidly expand its land portfolio across major metros. The company has set a target of making land parcels with a development potential of 10 million sq. ft. available by FY26 and building a strong residential pipeline for FY27 and FY28 in the major metros. 'These parcels will be monetised through joint development agreements or joint ventures with leading developers, creating a supply chain of development-ready land for a market where speed of execution and delivery have become decisive factors,' said the person cited above. A second person said the Kotak commitment is more than a financial transaction. 'It is a validation of the land aggregation model, which is increasingly becoming central to the future of residential development in India. This deal signals that institutional investors are ready to back platforms that bring scale and governance to a fragmented part of the real estate ecosystem,' this person and KVN Properties declined to comment on the has faced early traction in its partnership-led approach. It recently finalised a joint venture with the Puravankara Group to develop a 24.59-acre land parcel in North Bengaluru, as well as a development management agreement with Assetz Group for a 5.67-acre parcel in the same micro-market. Together, these projects represent a potential saleable area of 4.48 million sq. ft. and a projected gross development value of over Rs 4,300 crore. Both developments are expected to be launched by this fiscal year-end, benefiting from strong housing demand in Bengaluru and its expanding connectivity to key employment experts believe that platforms like KVN are well-positioned to capitalise on this momentum by acting as strategic enablers for developers.'Developers today need speed and certainty. A trusted partner that can systematically acquire and aggregate land parcels, and deliver them in development-ready form, removes a critical bottleneck and reduces execution risk,' said a senior real estate advisor, requesting potential investment in KVN tracks with a buoyant phase for the residential real estate market. According to Colliers, private equity investments in the residential sector reached $1.5 billion in the first half of 2025, nearly doubling from the same period last year. This surge has been supported by rising income levels, favourable demographics, and connectivity improvements driven by infrastructure expansion. In the first quarter of 2025 alone, more than 65,000 housing units were launched across India, with Mumbai, Pune, and Bengaluru together accounting for 64% of the new supply. Sales momentum was equally robust, with Mumbai, Pune, and Delhi-NCR making up 62% of transactions during the period.'With housing demand surging and land aggregation emerging as the missing link, this deal allows Kotak to position itself early in a segment that will define the next decade,' said a person aware of the fund's Kotak, the investment into KVN adds to a growing roster of high-profile real estate bets. Since its inception in 2005, Kotak Realty Fund has raised more than $3.5 billion across multiple vehicles spanning residential, office, retail, hospitality, and warehousing. In April 2024, Kotak Alternate Investment Fund, alongside the Abu Dhabi Investment Authority (ADIA) committed Rs 2,001 crore into four large residential projects of a South India-based real estate firm across Bengaluru, Mumbai, Delhi, and Goa, with a combined development potential of 13.5 million sq. Elan Group also raised Rs 1,200 crore from Kotak Real Estate Fund in 2024.


Indian Express
30 minutes ago
- Indian Express
Uproar, walkout in House proceedings as HP govt, Opposition clash over HIMCare scheme
The second day of the monsoon session on Tuesday witnessed multiple disruptions in the state Assembly, with the Opposition members staging walkouts over the Himachal Pradesh government's alleged failure to inform the House about the exact status of the HIMCare health insurance scheme. Heated arguments were exchanged between both sides, with each accusing the other of undermining the democratic values of the House. The uproar began when BJP MLA Vinod Kumar from Nachan sought details about the pending dues under the HIMCare scheme. Although Health Minister Dr (Col) Dhani Ram Shandil informed the House that total pending dues amounted to Rs 364 crore, BJP MLAs alleged that there were incidents where families had to mortgage valuables, including a grandmother's mangalsutra, to pay for medical treatment. Attacking the previous BJP government over the health insurance scheme, Chief Minister Sukhvinder Singh Sukhu said, 'The HIMCare funds were misused, undue benefits were given to private hospitals, and hospital bills were manipulated'. 'The government has released Rs 550 crore for the scheme and henceforth it would be ensured that the needy and poor get the benefit,' the CM said while replying to a question from the BJP member. Sukhu asserted that large-scale irregularities have been detected in the scheme, but still is very much in operation and mapping has been started to improve it. The situation escalated when the Speaker disallowed BJP MLA Vinod Kumar's request to raise the issue as a Point of Order, prompting Opposition leaders to walk out of the House. Speaker Kuldeep Singh Pathania adjourned proceedings for five minutes and appealed to the Opposition to cooperate. He also directed that all undesirable remarks against any minister or member be expunged from the records. Meanwhile, data tabled in the House by Shandil stated that the Himachal government continues to operate the HIMCare health insurance scheme, but official figures reveal a massive pending liability towards hospitals providing services under the programme. According to the government data, an amount of Rs 364.20 crore (Rs 3,64,20,29,707) is yet to be paid to various health institutions across the state for treatments provided under the state insurance scheme. A detailed institution-wise breakup of these dues has been attached to the official records. HIMCare, a flagship health insurance scheme launched to provide affordable healthcare to eligible beneficiaries, offers cashless treatment in both government and empanelled private hospitals. However, the mounting dues have raised concerns among healthcare providers about timely payments and service continuity. The government clarified that in the private sector, only dialysis services have been empanelled under the scheme. Currently, 25 private health facilities are registered exclusively to provide dialysis treatment to patients. A detailed list of these facilities has been appended to the government's official response. The revelation comes amid ongoing discussions in the state about strengthening public healthcare and expanding health insurance coverage. Stakeholders believe that clearing pending payments and empanelling more private services will be crucial for the smooth functioning of HIMCare, especially in remote and rural areas where patients rely heavily on such schemes. Leader of Opposition and former CM Jairam Thakur also expressed concern over the slow pace of restoration in Seraj, which was among the worst-affected regions during this year's natural calamities. 'At least one year will be required to restore full facilities in the disaster-affected Seraj,' he said, adding that road connectivity, public infrastructure, and essential services remain severely impacted. 'Out of 299 water supply lines, 241 were completely damaged in the June 30 natural disaster in my area Seraj. The Irrigation and Public Health (IPH) department led by Deputy CM Mukesh Agnihotri is able to restore 225 water lines temporarily which means that these lines will again be affected after one month. In my point of view, the pace under which the state government has been working, it will take almost one year to restore completely affected basic facilities in the area. Almost 3,000 people were affected only in the Seraj constituency which is the worst affected,' Thakur, who is an MLA from Seraj, said. The former Chief Minister further alleged deep-rooted factionalism within the Public Works Department (PWD), accusing the government of politicising administrative functioning. 'PWD officers in Seraj are divided into two groups — one controlled by the PWD minister and the other by close aides of Chief Minister Sukhvinder Singh Sukhu,' Thakur claimed. Meanwhile, the government has defended its relief efforts, maintaining that restoration works are underway despite challenging terrain and weather conditions. The Himachal Pradesh government has either shut down or de-notified a total of 818 schools across the state over the past three years, citing low or zero student enrolment, state Education Minister Rohit Thakur informed the house on Tuesday. According to a reply submitted by the Education Minister, as of July 31, 2025, these closures were carried out under a state-wide rationalisation policy aimed at ensuring optimal utilisation of teaching staff and infrastructure. Out of these, 535 schools with less than five students have been merged with nearby institutions located within two or three kilometers. The merger and closure process primarily targeted schools in areas where student strength had dropped sharply, making it unviable to maintain separate institutions. Officials said the step was necessary to improve academic standards and streamline resource allocation in the wake of declining enrolment in certain rural belts. District-wise data on these closures and mergers has been compiled under the Education Department's rationalisation plan, which aims to strengthen existing schools by pooling resources and improving teacher-student ratios. The details were supplied in the House on the question of BJP MLA Randhir Sharma of Shri Naina Devi Ji constituency. (With PTI inputs)