Realty activity stalled in Gujarat's Bharuch, Ankleshwar

18 Mar 2013 Editorial Team

In Gujarat, real estate activity in 96 villages of Bharuch and Ankleshwar has come to a halt since January 2011 when the State Urban Development Ministry notified Bharuch Ankleshwar Urban Development Authority (BAUDA) for future planned growth of the two cities.

Dreams of common people to own a house are stuck as the permission for non agriculture (NA) land use change has been seized from district panchayat. More than 100 real estate developers had started construction in 2010 on the assumption that permission will be granted in due course. In the absence of non-availability of title clearance from the authority, no developer can enter into a legal sale deed or an agreement with the customers.

The failure of developers to furnish title papers has led to banks refusing home loans to thousands of loan seekers. Sources said that there are around 4,000 houses ready for possession in both the cities. A leading builder said that investment worth more than Rs 500 crore is lying dormant. Many small developers are facing a financial crunch.

Officials of Bharuch District Real Estate Developers Association claim to have made several representations to BAUDA and urban development department to expedite the process of zoning and preparation of a development plan.

Infrastructure Energy

20 May 2025

GM, LG to Produce Low-Cost EV Batteries with LMR Chemistry

General Motors (GM) and LG Energy Solution will begin commercial production of lithium manganese-rich (LMR) battery cells in the United States from 2028. These lower-cost cells are designed to enhance electric vehicle (EV) affordability while delivering over four hundred miles of range on a single charge.The new prismatic LMR cells will be produced at Ultium Cells joint-venture plants in Ohio and Tennessee. GM says the design reduces battery pack parts by over fifty per cent, contributing to its goal of achieving cost parity between EVs and internal combustion engine vehicles.With twelve EV mo..

Infrastructure Urban

20 May 2025

DRDO Develops Polymeric Membrane for Sea Water Desalination

The Defence Research and Development Organisation (DRDO) has developed an indigenous nanoporous multilayered polymeric membrane for high-pressure sea water desalination. The breakthrough, led by the Kanpur-based Defence Materials Stores and Research and Development Establishment (DMSRDE), is tailored to suit Indian Coast Guard operational needs.The membrane addresses the challenge of chloride ion exposure in saline environments, ensuring better performance stability. Developed within eight months, the technology is intended for use in desalination units onboard Offshore Patrolling Vessels.Init..

Real Estate

20 May 2025

L&T Wins Two Govt Contracts in Delhi and Andhra

Larsen and Toubro (L&T) has secured two major construction contracts from the Union government and the Andhra Pradesh government. Both projects are expected to be completed within eighteen months.The first contract, awarded by the Union Public Works Department, involves construction of buildings number six and seven at the Union Secretariat in New Delhi. Each structure will include one basement, two podiums, an upper ground floor, and six additional floors. The work is being executed under an engineering, procurement and construction (EPC) order.The second contract covers the design and co..