
Six roads around Law Garden, Mithakhali to be developed as precinct zones
The proposal, passed during a meeting of AMC's road and building committee, will see an investment of Rs 99.90 crore, with an additional Rs 13.02 crore allocated for GST.
As part of the redevelopment, a 6.6-km stretch around Law Garden and Mithakhali will be transformed with pedestrian-friendly footpaths, parking facilities, and plantation-lined walkways. The project also includes vending zones, gazebos, benches, sculptures, landscaped areas, and enhanced lighting systems, including theme lighting, road signage, and markings.
The aim is to create vibrant, accessible public spaces that combine utility with urban aesthetics.
This marks the first precinct development to be executed under AMC's 2025-26 budget plan, which proposed thematic improvements across the city.
You Can Also Check:
Ahmedabad AQI
|
Weather in Ahmedabad
|
Bank Holidays in Ahmedabad
|
Public Holidays in Ahmedabad
The budget had laid out a vision for developing 38 km of metro precinct areas by upgrading 20 key roads at an estimated cost of Rs 270 crore. Similar precincts were also proposed around heritage sites, entertainment hubs, hospitals, educational institutions, sports complexes, and cultural landmarks.
by Taboola
by Taboola
Sponsored Links
Sponsored Links
Promoted Links
Promoted Links
You May Like
2025 Top Trending local enterprise accounting software [Click Here]
Esseps
Learn More
Undo
Box: Road Revamping
- NCC Circle to Gulbai Tekra Crossroads: 1,320m
- Navrangpura Railway Crossing to Jalaram Underpass: 2,070m
- Law Garden to Panchvati Circle: 520m
- Mithakhali Crossroads to Xavier's College Corner: 970m
- Navrangpura Railway Crossing to Commerce Six Roads: 1,360m
- Navrangpura Bus Depot to Mithakhali Circle 440m

Try Our AI Features
Explore what Daily8 AI can do for you:
Comments
No comments yet...
Related Articles


Mint
15 minutes ago
- Mint
Dr Reddy's Laboratories among four key stocks to trade Ex-dividend today
Dividend Stocks: Dr Reddy's Laboratories, LMW Ltd., Wheels India Limited, and Diffusion Engineers Limited remain among four key stocks that will trade Ex-dividend today July 10, 2025, was decided as the record date for identifying the list of qualified shareholders to receive the dividends that these companies had announced. In order for their names to appear on the list of eligible shareholders to receive the dividends, investors who wanted to receive dividends from these firms had to buy shares using the T+1 settlement method at least one day before the record date. Dr. Reddy's Laboratories Limited—The company had recommended a final dividend of Rs. 8/- per equity share of Rs. 1/- each for the financial year 2024-25 LMW Limited— The company had recommended a dividend of Rs. 30 per equity share with a face value of Rs. 10 each for the fiscal year ending March 31, 2025. The same, however, is subject to shareholder approval at the subsequent Annual General Meeting. Wheels India Limited—The Board of Wheel India had recommended a final dividend of Rs. 7.03 (70.3%) per equity share of Rs. 10/- each for the fiscal year that concluded on March 31, 2025, provided that the members of the company approve it at the subsequent AGM. If members approve the dividend, it will be paid by August 15, 2025, at the latest, as per the company. July 10, 2025, is the record date for the final dividend payment. Diffusion Engineers Limited—The Board of Diffusion Engineers had recommended a final dividend of Rs. 1.50 (one rupee fifty paisa only) on the equity shares of the company having a face value of Rs. 10/- each for the financial year 2024-25. The same translates into a dividend of 15.00% per equity share and is subject to approval of the shareholders at the ensuing Annual General Meeting. The dividend, if approved by the members of the Company at the ensuing Annual General Meeting ('AGM'), will be paid within 30 days from the date of AGM, as per the company Disclaimer: The views and recommendations made above are those of individual analysts or brokerage companies and not of Mint. We advise investors to check with certified experts before making any investment decisions.


Hans India
24 minutes ago
- Hans India
SIP inflows hit all-time high of Rs 27,269 cr
New Delhi: Mutual fund systemic investment plan (SIP) inflows reached a record high of Rs 27,269 crore in the month of June, rising 2 per cent from Rs 26,688 crore in May, the Association of Mutual Funds in India (AMFI) data showed on Wednesday. This marks the first time SIP inflows have surpassed the Rs 27,000 crore mark.


Time of India
24 minutes ago
- Time of India
Go for IT companies with unique business model; not largecap and me-too midcap IT stocks: Dipan Mehta
Dipan Mehta , Director, Elixir Equities , suggests that the IT sector's future lies in companies with unique business models. He highlights smallcap firms like Newgen and Aurionpro as potential winners. GIS companies and Genesys are also mentioned as interesting prospects. Persistent Systems and Coforge are noted for their aggressive strategies. Mehta believes largecap and me-too midcap IT stocks may not offer significant returns, going forward. We all know that this earning season will not come out with a good set of numbers. But if Accenture numbers are anything to go by, is there light at the end of the tunnel because it is not like this is going to be a dark tunnel for the rest of our life? Dipan Mehta: I think that what has happened is that basically there is a secular slowdown in the entire IT industry. The business model is such that they are going to be just about providing application, development, management, and the entire industry has moved to products and platforms. So, again, there is a structural issue in the Indian IT industry and I was quite hopeful that AI would be a trigger for higher growth but certainly that does not appear to be so. by Taboola by Taboola Sponsored Links Sponsored Links Promoted Links Promoted Links You May Like Lana Green Is Retiring - Her Final Jewelry Pieces Are 80% Off Design Craft Weekly Read More Undo In fact, they may get disrupted because of artificial intelligence. And if you look at the 5-10-year track records, these companies at the end of the day have had high single-digit growth despite rupee depreciation. So, what is going to change it? I really do not know. The way the spend is happening in the tech industry, more and more is towards hardware, especially servers of the type that Nvidia makes or chips that Nvidia makes; more investment into data centres, storage capacity; and more investment into platforms and products. Software as a service is the new buzz word. It is a way to decrease cost and none of the traditional Indian IT companies are in that particular space. So, they are going to get disrupted and we are going to see further slowdown there. So, my view remains extremely negative. Sure, there could be rallies. A surprising quarter with 15-20% growth is possible, but the long-term trajectory is very slow. Even though you are largely negative when it comes to this sector, over the last couple of weeks, during sector churn, it has emerged positive for a couple of days. We have seen that the midcap end has done much better than the largecaps. If at all you had to play IT and if you are seeing any hope in this sector, do you believe it could come from the midcap end? Dipan Mehta: No. In fact, it has to come from companies which have a differentiated business model and which are more into products and platforms. Traditionally we had companies like Oracle and Ramco which were into products. There was Nucleus Software also but those have not done as well. Live Events You Might Also Like: FII selloff in IT stocks tops Rs 16,500 cr in Q1. Time to buy or bail? There's a new set of companies and they are really smallcap companies. Companies like Newgen, Aurionpro, merit a mention over here, usually disclosure, we and our clients may be invested in them, and then there are GIS companies which are also there, as is Genesys, which is quite interesting, at the right place at the right time. Beyond that, there could be a few IT companies like Persistent Systems, or a Coforge, which are aggressive and which are in the right space. They may do well, but at the end of the day, the largecap IT stocks and a whole host of midcap IT stocks, which are doing a me-too type of a business, are not going to give great returns going forward. You Might Also Like: Traditional IT in a spot; betting on 4 midcap platform companies: Dipan Mehta IT stocks hit decade-high 3.2% dividend yield as FIIs flee. Should you buy TCS, Infosys, Wipro before Q1 results?