Visakhapatnam Civic Body Earns Rs 1.10 Bn from Online Approvals
ECONOMY & POLICY

Visakhapatnam Civic Body Earns Rs 1.10 Bn from Online Approvals

The Greater Visakhapatnam Municipal Corporation (GVMC) approved 3,385 building plan applications through its online building permission management system in 2024-25, generating an income of Rs 1.10 billion. GVMC Mayor G Hari Venkata Kumari and Commissioner P Sampath Kumar stated that the civic body also processed 2,738 applications through the layout regularisation scheme.

They mentioned that 2,686 of these cases were resolved, generating Rs 650.71 million in revenue. The officials also noted that work was on-going on 15 master plan roads covering 84.84 kilometres across the city. GVMC set a property tax collection target of Rs 4.70 billion for 2024-25, with Rs 2.84 billion collected by December 16. Under the early bird offer, property taxpayers were given a 5 per cent discount, which resulted in Rs 1.18 billion in revenue for GVMC in just one month (April). The new property tax assessments led to an increase of Rs 300 million in demand. Mayor Hari Kumari urged property taxpayers to pay on time to assist in the city's development.

Sampath Kumar, Commissioner, mentioned that the civic body's efforts in sanitation management had been recognised by the state government. He added that Chief Minister Chandrababu Naidu had presented the ‘Swachh Bhagidari’ award to GVMC on October 2. He also highlighted that GVMC had received the first-place award for providing loans to street vendors under the PM Svamitva Scheme. He informed that, to make the city plastic-free, GVMC would implement a ban on single-use plastics starting January 1.

The Greater Visakhapatnam Municipal Corporation (GVMC) approved 3,385 building plan applications through its online building permission management system in 2024-25, generating an income of Rs 1.10 billion. GVMC Mayor G Hari Venkata Kumari and Commissioner P Sampath Kumar stated that the civic body also processed 2,738 applications through the layout regularisation scheme. They mentioned that 2,686 of these cases were resolved, generating Rs 650.71 million in revenue. The officials also noted that work was on-going on 15 master plan roads covering 84.84 kilometres across the city. GVMC set a property tax collection target of Rs 4.70 billion for 2024-25, with Rs 2.84 billion collected by December 16. Under the early bird offer, property taxpayers were given a 5 per cent discount, which resulted in Rs 1.18 billion in revenue for GVMC in just one month (April). The new property tax assessments led to an increase of Rs 300 million in demand. Mayor Hari Kumari urged property taxpayers to pay on time to assist in the city's development. Sampath Kumar, Commissioner, mentioned that the civic body's efforts in sanitation management had been recognised by the state government. He added that Chief Minister Chandrababu Naidu had presented the ‘Swachh Bhagidari’ award to GVMC on October 2. He also highlighted that GVMC had received the first-place award for providing loans to street vendors under the PM Svamitva Scheme. He informed that, to make the city plastic-free, GVMC would implement a ban on single-use plastics starting January 1.

Next Story
Infrastructure Energy

Adyant Enersol & UPC Renewables Secure SJVN's 600 MW Wind Project

Adyant Enersol (Datta Infra) and UPC Renewables secured contracts in SJVN’s auction to develop 600 MW inter-state transmission system (ISTS)-connected wind power projects under a build-own-operate model. Adyant Enersol was awarded 70 MW with a tariff of Rs 3.98/kWh, while UPC Renewables secured 100 MW at a tariff of Rs 3.99/kWh. The tender for these projects was issued in March 2024, allowing bidders to submit proposals for capacities ranging from a minimum of 50 MW to a maximum of 300 MW, with project sizes specified in multiples of 10 MW. The selected developers are required to establis..

Next Story
Infrastructure Energy

Bridge and Roof Secures SJVN Contract for 100 MW Solar Project

Bridge and Roof Company, a government enterprise under the Ministry of Heavy Industries, has secured the engineering, procurement, and construction contract from SJVN Green Energy to establish a 100 MW solar power project in Rajasthan’s Didwana-Kuchaman district. The project is valued at approximately Rs 3.5 billion. The tender was issued in April 2024. The scope of work includes land development, design and engineering, procurement of equipment and materials, testing at the manufacturer’s facility, packing, transportation, supply, unloading, on-site storage, installation, erection, test..

Next Story
Infrastructure Transport

NHAI Uses AI and Drones to Detect 1,000 Encroachments on Highways

The National Highway Authority of India (NHAI) has implemented artificial intelligence (AI) and drone technology to detect approximately 1,000 encroachments on four major national highways. This initiative aims to address obstacles that hinder road construction projects and ensure their timely completion. The survey covered a span of about 360 kilometres, utilising high-frequency drones to capture detailed aerial images of the highways. AI-driven algorithms analysed these images to identify potential encroachments, including parked vehicles, construction materials, and makeshift structures. F..

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