Latest news with #UnityMall


Time of India
28-07-2025
- Business
- Time of India
Yaduveer inspects Unity Mall project at Doddakere
Mysuru: Mysore MP on Monday visited Dasara Exhibition Grounds at Doddakere, opposite the Mysuru Palace, to inspect the centrally-sponsored Unity Mall project, which is being developed on 6.5 acres. Tired of too many ads? go ad free now He was accompanied by Krishnaraja MLA TS Srivatsa, Karnataka State Industrial Development Corporation (KSIDC) chief engineer Suresh Babu, and executive engineer Hemanth Kumar. During his visit, Wadiyar observed the initial stages of construction. Yaduveer said that the mall's construction, sanctioned by the Union govt at a cost of Rs 192.99 crore and implemented by KSIDC, is scheduled for completion by the end of 2027. The project includes a Wrestling Pavilion, Sky Walk, 3D theatre, and other facilities aimed at promoting the wrestling activities for which Mysuru is renowned. The Centre has also sanctioned the construction of similar malls in Gujarat and Tamil Nadu to boost trade, commerce, hospitality, and tourism. The mall, also known as Unity Mall and inspired by Delhi Haat, will be built in Indo-Saracenic style. Under the Swadesh Darshan scheme, the Union govt has provided interest-free loans to establish Unity Malls in Karnataka with the primary aim of showcasing local handicrafts from all 31 districts, 28 states, and 8 union territories under one roof. The mall will also feature dedicated spaces for sandalwood products, silk products of the state, rosewood inlay works, geographical indication (GI) tagged products like Mysuru jasmine, Mysuru betelnut, Najangud rasabale, Mysuru Pak, and other Make In India products, reflecting the rich cultural heritage of the Mysuru region. The architectural design of the mall will embody India's unity and grandeur, incorporating elements like grand facades, atriums, and landscaping. Tired of too many ads? go ad free now Amenities will include a state-of-the-art food court, parking, and designated areas for recreational and cultural activities. Additionally, there will be conference rooms, galleries, exhibition spaces, and parking facilities as per the project plan. A total of 99 stalls will be available for exhibitions, open to visitors throughout the year. The three-storeyed Unity Mall will feature a grand entry, ticket counter, food counter, bar and restaurant, mall management office, restrooms, conference room, fire safety systems, prayer hall, kids play area, commercial complexes, and a wrestlers' room on the ground floor. The first floor will include one country, one product stalls, a Mysuru painting gallery, toilet stores, multi-purpose theatres, and a 3D IMAX theatre. The second floor will house stalls related to one district, one product, other state govt stalls, and gaming facilities. The third floor will contain additional stalls, with 14 on the ground floor, 23 on the first floor, 43 on the second floor, and 19 on the third floor.


The Hindu
28-07-2025
- Business
- The Hindu
₹193-crore Unity Mall in Mysuru is likely to be ready by 2027: Yaduveer
Unity Mall, which is coming up in Mysuru to house local artisans, is expected to be ready by 2027, said MP for Mysuru Yaduveer Krishnadatta Chamaraja Wadiyar. Speaking to reporters after visiting the project site at Dasara exhibition grounds, he said the project from the Centre was being carried out at a cost of ₹193 crore. It will boost tourism development in Mysuru, he added. 'It's a kind of a mall but it only supports local artisans and their products, farmers, and others to strengthen the Make in India goals. It is an initiative to protect the country's diversity and give opportunities to those who have been driving the vision of Make in India,' he said. Mr. Yaduveer said the Unity Mall will encourage 'one district, one product' and support rural artisans, creating jobs for the locals. The initiative gives more visibility like in Tamil Nadu and Gujarat where the Centre's vision is being realised. Another wrestling complex is also coming up in the project area to encourage traditional wrestling, he said, adding that the Unity Mall's structural design will support the city's heritage. Steps have also been taken to retain greenery in the project, Mr. Yaduveer added.


Time of India
22-07-2025
- Business
- Time of India
CM Dhami targets Rs 100 crore turnover for 'House of Himalayas' by 2030
Chief minister Pushkar Singh Dhami (Image: ANI) DEHRADUN: Chief minister Pushkar Singh Dhami has set a target of making the turnover of the state's umbrella brand 'House of Himalayas' Rs 100 crore by the year 2030 and has given instructions to ensure marketing of its products through Unity Mall as well. Chief minister Pushkar Singh Dhami on Monday reviewed in detail the progress of the game-changing schemes, including the chief minister udyamshala yojana, growth centre yojana, house of himalayas, and centre of excellence yojana, which are operated under the rural development department at the secretariat. While giving instructions to make special efforts to promote rural entrepreneurship, the chief minister said that along with increasing the resources of livelihood in rural areas, it is necessary to give every possible encouragement to people who are returning to rural areas. He said that for better implementation of the schemes, the 'doorstep delivery system' should be strengthened. The chief minister stated that to create a market for the state's products at the national and international levels, a concrete marketing strategy for the umbrella brand 'house of himalayas' should be developed. Special attention should also be paid to the quality of its products. The chief minister stated that concerted efforts should be made to enhance the products of Growth Centres by adopting a business approach, thereby increasing the livelihoods of local people. Work should also be done to connect growth centres with skill development. The chief minister also directed to make appropriate arrangements to ensure training, financial assistance, and access to the market, along with providing necessary skills, resources, and support under the centre of excellence scheme, to promote women's entrepreneurship in rural areas. In the meeting, secretary rural development Radhika Jha gave a presentation on the Game Changer schemes of the rural development department. She informed that so far, one lakh sixty-five thousand women have been made Lakhpati Didi in the state. The target is to make one lakh more Lakhpati Didi in the next three years. Under the chief minister udyamshala scheme, assistance will be provided to fifteen thousand rural enterprises in three years. Work is being done in a phased manner to add more than 150 products of the state under the house of himalayas.
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Business Standard
26-06-2025
- Business
- Business Standard
Here's why Deepak Builders and Engineers India share is buzzing today
Deepak Builders and Engineers India share price: Deepak Builders and Engineers India (Deepak Builders) share price was in demand on Thursday, June 26, 2025, with the stock rallying up to 6.50 per cent to hit an intraday high of ₹151.40 per share. Around 1:40 PM, Deepak Builders share price was off day's high but continued to trade higher, up 3.52 per cent at ₹147.15 per share. By comparison, BSE Sensex was trading 0.68 per cent higher at 83,318.37 levels. Why were Deepak Builders shares buzzing today? Deepak Builders share price rose after the company announced that it has bagged an order worth ₹142.60 crore, including GST. Without GST, the order value stood at ₹120.85 crore. In an exchange filing, Deepak Builders said, 'We wish to inform you that the company has received Letter of Acceptance from HSIIDC, for the work of Planning, Design, Engineering, Procurement and Construction of Unity Mall including all other works contingent thereto on EPC mode basis at Sector-37, HSIIDC IE Karnal (Haryana), for construction cost of the project of ₹120.85 crore (excluding GST) and ₹142.60 crore (with GST).' Under the terms of the order, Deepak Builders will be responsible for the planning, design, engineering, procurement and construction of Unity Mall including all other works contingent thereto on EPC mode basis, from HSIIDC Industrial Estate, Karnal. The company is expected to complete the project within 24 months (2 years) from the commencement date. This will be followed by a 36-month defect liability period and a 12-month operation and maintenance (O&M) phase. At the beginning of the month, the Board of Directors of the company recommended final dividend of ₹1 per share on the equity shares of the company (i.e. dividend at 10 per cent per equity share having face value of ₹10 each), for the financial year 2024-25, subject to approval of the shareholders of the company at the ensuing Annual General Meeting. Deepak Builders Q4 results Deepak Builders posted a revenue of ₹224.3 crore in the March quarter of financial year 2025 (Q4FY25), as against ₹188.93 crore in the March quarter of financial year 2024 (Q4FY24). However, the company's profit dropped to ₹11.19 crore in Q4FY25, from ₹33.82 crore in Q4FY24. Track Stock Market LIVE Updates Deepak Builders IPO listing Deepak Builders share made a muted D-Street debut. On the BSE, the stock debuted at ₹198.50, marking a 2.2 per cent discount to its IPO issue price of ₹203. Likewise, on the NSE, the shares opened at ₹200, down ₹3 or 1.4 per cent from the issue price. About Deepak Builders Deepak Builders and Engineers India is among prominent integrated engineering and construction firms, known for its expertise across a wide range of segments. The company specialises in the construction of administrative buildings, institutional and healthcare facilities, industrial and residential projects, as well as historical monuments, stadiums, and sports complexes. Deepak Builders and Engineers also provides comprehensive end-to-end execution and construction services for a variety of infrastructure and development projects. The market capitalisation of Deepak Builders is 685.44 crore, BSE data showed. The company falls under the BSE IPO index.


Business Upturn
26-06-2025
- Business
- Business Upturn
Deepak Builders secures Rs 142.6 crore Unity Mall project in Karnal
By Aman Shukla Published on June 26, 2025, 12:23 IST Deepak Builders has officially received the Letter of Acceptance (LoA) from the Haryana State Industrial & Infrastructure Development Corporation (HSIIDC) for the construction of Unity Mall at Sector-37, HSIIDC Industrial Estate, Karnal. This development follows the company's earlier announcement on June 3, 2025, where it emerged as the L1 (lowest) bidder for the Engineering, Procurement, and Construction (EPC) contract. The project includes comprehensive planning, design, engineering, procurement, and construction work, along with all other related components. The total construction cost of the project is pegged at ₹142.60 crore (including GST), while the base contract value stands at ₹120.85 crore (excluding GST). The Unity Mall project is expected to be completed within 24 months from the date of commencement. Additionally, there will be a 36-month defect liability period and a 12-month operations and maintenance (O&M) phase thereafter. Ahmedabad Plane Crash Aman Shukla is a post-graduate in mass communication . A media enthusiast who has a strong hold on communication ,content writing and copy writing. Aman is currently working as journalist at