Work on Rs 50-crore market complex begins in Aluva
KOCHI: Chief Minister Pinarayi Vijayan on Tuesday inaugurated the work of setting up a new hitech multi-storey market complex at Aluva, which was first mooted over a decade ago.
The Rs 50 crore market project is a joint venture between the Central and state governments who will share the expense in the ratio of 60:40. Uralungal Labour Contract Cooperative Society (ULCCS) is carrying out the construction works.
The demolition of the old market, which was once among the most prominent marketplaces in central Kerala, started back in 2013, but the work dragged on due to various reasons, including legal challenges.
Though the then chief minister Oommen Chandy laid the foundation stone in 2015, there was no progress in the works. The market, located in the heart of the town, deteriorated literally into a dumpyard. It was fully demolished only recently.
Hashtags
Try Our AI Features
Explore what Daily8 AI can do for you:
Comments
No comments yet...
Related Articles
Time of India
32 minutes ago
- Time of India
Telangana RTC hikes bus pass fares
Hyderabad: The Telangana State Road Transport Corporation (TGSRTC) increased bus pass fare across all categories by 20–30 per cent. The ordinary bus pass fare increased from Rs 1,150 to Rs 1,400, while the metro express pass rose from Rs 1,300 to Rs 1,600. Tired of too many ads? go ad free now Similarly, metro deluxe bus pass fares went up from Rs 1,450 to Rs 1,800. The new fares came into effect on Monday. TGSRTC stated that the student bus pass fees remained the same over the past three years. Due to rising operational expenses, student bus pass rates were revised. Higher student commuter volumes are observed in Hyderabad and its suburban regions during peak morning and evening hours. To address this congestion issue, RTC permitted students to use their bus passes on city metro express services alongside regular buses.
Time of India
32 minutes ago
- Time of India
Rs 125 crore factory complex near medical device park to boost startups
Noida: Yamuna Expressway Industrial Development Authority (YEIDA) has launched a tender for a flatted factory complex spanning 38,665 sqm near its 350-acre medical device park in Sector 28. The Rs 125-crore complex is to be completed within 24 months and is expected to boost the entry of MSMEs and startups in the area. The complex, proposed to be a five-storey industrial space offering plug-and-play units with built-in utilities and shared amenities, like cafeterias, exhibition halls, parking space, retail shops and lifts, will offer 252 office units on a rental basis to startups to lower entry barriers. YEIDA CEO Arun Veer Singh said the complex is among the 11 factory complexes proposed off the Yamuna Expressway. "Flatted factory complexes support the state's vision of becoming a leading industrial hub with a focus on MSMEs and startups. Around 3,000 affordable and ready-to-use industrial spaces are currently in the pipeline, and at least 75% of these units will be reserved for MSMEs and 25% for startups," he said. by Taboola by Taboola Sponsored Links Sponsored Links Promoted Links Promoted Links You May Like Giao dịch CFD với công nghệ và tốc độ tốt hơn IC Markets Đăng ký Undo TOI earlier reported that a factory complex is to come up in Sector 10 to support the 206-acre electronics manufacturing cluster (EMC) with 228 units, while two large plots—20,234 sqm and 44,515 sqm—have also been earmarked for flatted factories in the YEIDA areas. Each of these complexes is proposed to be tailored for proposed industrial parks like medical device, semiconductor, IT, apparel and toy. Noida Entrepreneurs Association (NEA) vice president Sudhir Shrivastava told TOI that factory complexes are needed across Noida, Greater Noida and Yamuna authority areas as the govt positions the region as India's next manufacturing hotspot. "Setting up a factory involves significant financial investment, besides approvals from multiple departments such as the Authority, power, fire and others, which often deters entrepreneurs. A factory complex addresses these challenges, as the Authority takes care of the development and necessary clearances. This allows micro and small enterprises, typically employing between 5 to 20 people, to rent space and start operations with ease," he said. NEA has 3,600 registered members in the city, dealing in different businesses. While Noida does not have any designated factory complexes, the concept has found standing in the city, too. With high land and rental costs, several small-scale industries such as furniture, handicrafts, and packaging currently operate out of smaller office buildings in sectors 6, 9, and 10, while some factories operate out of UPSIDA industrial area in Surajpur.
Time of India
32 minutes ago
- Time of India
Automatic vehicle washing machines installed at 33 GSRTC depots: Govt
G andhinagar: The govt on Monday said that automatic vehicle washing machines were installed at 33 of the total 80 depots of the Gujarat State Road Transport Corporation (GSRTC). The remaining 47 depots will also soon have automatic vehicle washing machines to clean the state transport (ST) buses. An official statement said that Rs 11.80 crore was sanctioned for the GSRTC to install the machines at all depots. The govt statement added that with these newly installed cleaning machines, a bus can be washed completely within 5-7 minutes, providing passengers with a clean travel experience. The govt added that 80 automatic machines, each costing Rs 14 lakh, were purchased by GSRTC and are being installed in depots across the state.
