Ghaziabad Development Authority approves Master Plan 2031

09 Sep 2024 CW Team

After nearly two years of discussions, the Ghaziabad Development Authority (GDA) board has approved the draft of the unified Master Plan 2031, covering Ghaziabad, Loni, and Modinagar/Muradnagar. The plan outlines the development of approximately 33,543 hectares, with Ghaziabad accounting for 18,687 hectares, Modinagar 6,874 hectares, and Loni 7,980 hectares.

To accommodate a projected population of 4.8 million by 2031, the GDA has allocated 39.8% of the land (12,873 hectares) for residential purposes and 2.2% (702 hectares) for commercial use. Transit-oriented development (TOD) zones are also included along the rapid rail and metro corridors, with a Special Development Area planned near the Duhai RRTS depot.

The master plan draft will now be sent to the state government for final approval. Initially, the plan faced delays, including the need to integrate TOD zones and address public objections. After multiple revisions, the GDA addressed concerns raised by the state government and divisional commissioner, ensuring the city's comprehensive development along key infrastructure routes like rapid rail, metro, and expressways.

(ET)

Infrastructure Urban

16 May 2025

3i Infotech Reports Rs 7.25 Bn Revenue for FY25

3i Infotech, a leading provider of digital transformation, technology services and technology solutions, announced its consolidated financial results for the fourth quarter and full year FY25, ended on March 31st, 2025. The company maintained its growth momentum, displaying consistent progress for the 3rd consecutive quarter.In Q4 FY25, 3i Infotech reported revenue of Rs 1.87 billion, reflecting steady performance compared to Rs 1.81 billion in Q3 FY25 and Rs 1.97 billion in Q4 FY24. The company delivered strong profitability improvements, with gross margin growing by 14.8 per cent Q-o-Q and 1..

Infrastructure Urban

16 May 2025

Emerald Finance Joins Baya PTE to Boost SME Bill Discounting

Emerald Finance is a dynamic company offering a spectrum of financial products and services including its flagship Earned Wage Access (EWA) in India, has entered into a strategic partnership with Singapore-based Baya PTE through its Indian subsidiary. This collaboration aims to strengthen bill discounting services for Small and Medium Enterprises (SMEs), enabling faster access to working capital and improved cash flow management.The initiative is designed to support SMEs that supply to large corporates such as JSW Steel, Delhivery, and PVR INOX, among others. By facilitating timely invoice dis..

Infrastructure Urban

16 May 2025

BLS E-Services Crosses Rs 5 Bn Revenue Mark in FY25

BLS E-Services, a technology-enabled digital service provider, announced its audited consolidated financial results for the quarter and full year period ended 31 March 2025.Speaking about the performance and recent updates, Shikhar Aggarwal, Chairman, BLS E- Services said, 鈥淲e are delighted to report a remarkable performance in FY25, as we achieved several milestones during the fiscal year. FY25 marked our highest-ever financial performance, as we surpassed Rs 5 billion milestone in Total Income during the year, which was reported at Rs 5.45 billion, a notable YoY growth of 76 per cent. The ..