Trichy City Municipal Corporation proposes master plan for Panjapur
Real Estate

Trichy City Municipal Corporation proposes master plan for Panjapur

The Trichy City Municipal Corporation has proposed a separate master plan for Panjapur, a locality on the Trichy-Madurai national highway, in order to make better use of its 400 acres of land.

The master plan aims to make the best use of the available space because the civic body owns a large land parcel in the area where several infrastructure projects, such as an integrated bus terminal (IBT), wholesale market, and truck terminal, have been proposed.

According to reports in the media, a tender was issued to find a suitable agency to carry out the study.

In addition to reviewing existing proposals, it will have parameters for key design and development proposals.

According to officials, the area surrounding the Trichy integrated transport hub, which includes a maintenance yard, multi-level car parking, an omnibus stand, and a comprehensive mobility plan, requires planned development.

The master plan focuses on land classification and will evaluate water availability, physical features of the land, and environmental studies.

Trichy Corporation owns 575 acres of land in Panjapur, on which a slew of proposals has been made, as per officials.

The remaining land will be used for infrastructure development, with about 115 acres set aside for IBT.

The need for a master plan, according to an official, stems from the civic body's lack of a consolidated land parcel, with the exception of Panjapur

. The unnamed agency will conduct infrastructure and utility assessments and make recommendations for infrastructure projects that are compatible.

Aside from the proposed projects, Panjapur was expected to get a 10 acre Trichy trade centre and a slum clearance board residential project with high-rises.

Officials cited that with such investments in place, they must ensure long-term development, for which a master plan is essential. Once identified, the agency has five months to complete the study.

Image Source

Also read: PM Modi to review Ayodhya masterplan on October 5

The Trichy City Municipal Corporation has proposed a separate master plan for Panjapur, a locality on the Trichy-Madurai national highway, in order to make better use of its 400 acres of land. The master plan aims to make the best use of the available space because the civic body owns a large land parcel in the area where several infrastructure projects, such as an integrated bus terminal (IBT), wholesale market, and truck terminal, have been proposed. According to reports in the media, a tender was issued to find a suitable agency to carry out the study. In addition to reviewing existing proposals, it will have parameters for key design and development proposals. According to officials, the area surrounding the Trichy integrated transport hub, which includes a maintenance yard, multi-level car parking, an omnibus stand, and a comprehensive mobility plan, requires planned development. The master plan focuses on land classification and will evaluate water availability, physical features of the land, and environmental studies. Trichy Corporation owns 575 acres of land in Panjapur, on which a slew of proposals has been made, as per officials. The remaining land will be used for infrastructure development, with about 115 acres set aside for IBT. The need for a master plan, according to an official, stems from the civic body's lack of a consolidated land parcel, with the exception of Panjapur. The unnamed agency will conduct infrastructure and utility assessments and make recommendations for infrastructure projects that are compatible. Aside from the proposed projects, Panjapur was expected to get a 10 acre Trichy trade centre and a slum clearance board residential project with high-rises. Officials cited that with such investments in place, they must ensure long-term development, for which a master plan is essential. Once identified, the agency has five months to complete the study. Image Source Also read: PM Modi to review Ayodhya masterplan on October 5

Next Story
Real Estate

Real Estate Booms in Emerging Cities

India's rapid infrastructure expansion is unlocking real estate potential in 30 emerging cities, with land prices projected to grow up to 5.2 times by 2035, according to a report by Colliers. The transformation is driven by the development of key expressways, positioning cities like Nagpur, Jaipur, and Lucknow as rising investment hubs. Nagpur tops the list of emerging cities, bolstered by the 701-km Samruddhi Mahamarg Expressway, which has significantly enhanced connectivity and growth prospects. Jaipur and Lucknow follow closely, with burgeoning micro-markets such as Ajmer Road and Raebarel..

Next Story
Products

Smart Lockers Debut on Delhi-Meerut RRTS

The National Capital Region Transport Corporation (NCRTC) has launched smart lockers at Sahibabad and Ghaziabad stations along the Regional Rapid Transit System (RRTS) corridor, providing passengers with secure storage for luggage and e-commerce parcels. The initiative will be extended across all stations on the corridor in the future. The RRTS, a high-speed rail project spanning 82 kilometers, connects Delhi, Ghaziabad, and Meerut, offering faster and more convenient commutes. Currently, trains operate on a 55-kilometer stretch, covering two stations in Delhi, eight in Ghaziabad, and one in ..

Next Story
Infrastructure Urban

JK Tyre Secures $100M Sustainability-Linked Loan

India’s tyre industry has achieved a significant milestone as JK Tyre secured a $100 million Sustainability-Linked Loan (SLL) from the International Finance Corporation (IFC). The first deal of its kind in the sector will drive the company’s growth plans and strengthen its sustainability initiatives. Boosting Production Capacity The loan allocates $30 million to JK Tyre & Industries Ltd and $70 million to its subsidiary, Cavendish Industries Ltd (CIL). The funds will enhance production at JK Tyre’s Banmore plant in Madhya Pradesh, focusing on Passenger Car Radial (PCR) tyres, and CILâ€..

Hi There!

"Now get regular updates from CW Magazine on WhatsApp!

Join the CW WhatsApp channel for the latest news, industry events, expert insights, and project updates from the construction and infrastructure industry.

Click the link below to join"

+91 81086 03000