Brand Bengaluru: Urban Village Square initiative expanded across city
As part of this effort, five urban village spaces have already been completed — at Brigade Road Junction, Basaveshwara Circle (Mourya Junction), Shivananda Circle (below the flyover), Race Course Road, and Anand Rao Circle. A sixth site, near the BHEL Circle on Mysuru Road, is currently under development.
"At Race Course Road junction, the theme is pedestrian safety, and we focused on pedestrian improvements. At Brigade Road, the concept is centred around a war memorial," M Lokesh, special commissioner (projects - central), told TOI.
"These themes are chosen after holding public consultations and considering what suits the locality best. Each design goes through multiple iterations before being finalised," he added.
Speaking about the upcoming space at BHEL Circle on Mysuru Road, Lokesh said, "We are incorporating elements of Channapatna Bombe (toy) to symbolise the cultural connection between Mysuru and the people of Bengaluru."
The overarching aim, he said, is to create inclusive and inviting spaces for people to relax and spend time in — a core vision of the Brand Bengaluru initiative.
by Taboola
by Taboola
Sponsored Links
Sponsored Links
Promoted Links
Promoted Links
You May Like
American Investor Warren Buffett Recommends: 5 Books For Turning Your Life Around
Blinkist: Warren Buffett's Reading List
Undo
The redesign of the five completed junctions cost around Rs 10 crore, with an average execution timeline of three months per junction.
To expand the initiative further, BBMP launched a city-wide citizen engagement campaign, inviting residents to nominate potential public spaces in their neighbourhoods. Citizens can choose from 13 predefined categories — including kattes and urban village squares — to suggest locations that can be mapped and developed in future phases.
Once nominated, the sites will be assessed for feasibility. Only suitable locations will proceed to design tenders and architectural competitions. Costs and materials will be determined at the design stage to allow site-specific adaptability.
BBMP has already funded two neighbourhood-scale public spaces and identified two more under its Urban Revamp Design Challenge, which invited architects to reimagine public spaces.
Insights from these pilots are now being scaled city-wide, with typical implementation timelines ranging from 6 to 9 months after the design phase.
The classification of these public space categories was developed with inputs from urban design experts at Sensing Local and the Indian Institute of Urban Designers (Karnataka), ensuring both contextual relevance and design quality.
Hashtags
Try Our AI Features
Explore what Daily8 AI can do for you:
Comments
No comments yet...
Related Articles
Economic Times
18 minutes ago
- Economic Times
Swiggy shares rebound 28% from 52-week low ahead of Q1 earnings. What analysts say?
Swiggy shares have staged a sharp rebound ahead of the Q1FY26 earnings season, rallying 27.9% from their all-time low of Rs 297 recorded on May 13 on the NSE. The stock has gained investor traction in recent weeks. ADVERTISEMENT This may be fueled by expectations of strong revenue growth in its core food delivery business and improved performance in its quick commerce vertical, Instamart. Domestic brokerage firm Kotak Institutional Equities has downgraded the stock to an 'ADD' rating and raised its sum-of-the-parts-based fair value estimate to Rs 420 from Rs 415 earlier. However, it also noted that the stock is up by 25% from its May bottom and flagged this as a reason for its rating downgrade. 'The recent stock price increase results in a downgrade in rating to ADD,' the brokerage Q1FY26, Kotak expects Swiggy to report a 19% year-on-year growth in food delivery gross merchandise value (GMV), outpacing Zomato's estimated 18% GMV growth for the same period. Swiggy's food delivery GMV is projected at Rs 81 billion, supported by a stable take-rate and steady demand trends. However, it expects a sequential contribution margin (CM) decline of 30 basis points to 7.5%, driven by increased restaurant commissions, higher platform fees, and elevated delivery costs due to the onset of the monsoon. ADVERTISEMENT While food delivery remains stable, Instamart's performance continues to weigh on profitability. Kotak estimates Instamart's GMV to rise 113% year-on-year, with revenue growth of 129% year-on-year. Also read: Jane Street shows dangers of finance as shampoo ADVERTISEMENT Despite this surge, Instamart is expected to report a contribution margin of -3.4% and an adjusted EBITDA loss of Rs 8.5 billion for the quarter, broadly in line with the Rs 8.4 billion loss recorded in brokerage noted, 'We expect Instamart to show meaningful improvement in EBITDA only in FY2027,' adding that FY2026 will likely be a year of 'depressed profitability for Instamart on account of steep store additions and high competitive intensity.' ADVERTISEMENT Another brokerage firm, ICICI Securities, has also highlighted similar trends, projecting food delivery GMV growth of 18.5% year-on-year and 9.8% quarter-on-quarter for Q1FY26, with an adjusted EBITDA of Rs 2.2 billion and EBITDA margin of 2.7% of Instamart, it expects GMV to increase 110.1% year-on-year and 22.6% sequentially, but pegs adjusted EBITDA loss at Rs 9.1 billion with a negative margin of 15.8%.Overall, the brokerage expects adjusted revenue to grow 8% quarter-on-quarter and 46.6% year-on-year, with adjusted EBITDA loss widening to Rs 7.9 billion from Rs 7.3 billion in Q4FY25 and Rs 3.5 billion in Q1FY25. ADVERTISEMENT ICICI Securities also noted that 'Swiggy should marginally gain share in food delivery business,' and observed that e-commerce volume growth is accelerating from the company's lows of FY24/25.'We remain bullish on Swiggy,' added ICICI the technical front, Ajit Mishra, SVP of Research at Religare Broking, noted, 'Swiggy has been witnessing a rebound after spending nearly six months in a corrective phase.'He added that following a breakout in June, the stock faced resistance near the Rs 395 level and is currently trading close to its neckline support. Also read: Vedanta shares down 2% in 1 year but giving 7% dividend. Is it enough to buy the stock? 'It is crucial for the stock to hold the Rs 350–370 zone to maintain a positive bias, while the Rs 410–440 zone is expected to act as resistance. Participants should align their positions accordingly,' Mishra said. (Disclaimer: Recommendations, suggestions, views and opinions given by the experts are their own. These do not represent the views of The Economic Times) (You can now subscribe to our ETMarkets WhatsApp channel)
Hans India
19 minutes ago
- Hans India
Farmers to benefit from free horticultural plantations
Vijayawada: NTR district collector Dr G Lakshmisha on Tuesday urged farmers in the district to leverage the Mahatma Gandhi National Rural Employment Guarantee Scheme (MGNREGS) for free fruit orchard cultivation, highlighting the potential for two to three times higher income from horticultural crops. He encouraged farmers to make the most of these government initiatives. A mega grounding mela for horticultural crop cultivation was held on Tuesday at Gosaveedu of Gampalagudem mandal, organised by the Mahatma Gandhi National Rural Employment Guarantee Scheme – District Water Management Agency (DWMA). Collector Lakshmisha launched the programme by planting mango saplings on 1.15 acres of land belonging to Immadi Nagamani. Addressing the gathering, Collector Lakshmisha stated that a Maha Yagnam for poverty eradication is underway in the state. He instructed field-level officials and staff, including MPDOs, MGNREGS APOs, Gram Sachivalayam Horticultural Assistants, Agriculture Assistants, and Field Assistants, to play a crucial role in encouraging farmers towards horticultural crop cultivation. He explained that under MGNREGS, farmers receive free saplings and financial assistance for maintenance. Collector Lakshmisha elaborated on the eligibility for small and marginal farmers (owning less than five acres) to cultivate a variety of horticultural crops, including mango, guava, lemon, sapota, pomegranate, dragon fruit, coconut, oil palm, apple bear, drumstick, jasmine, and rose. He provided examples of the financial assistance available: for mango cultivation, farmers can receive approximately Rs 1,09,950 per acre in various forms; for guava, around Rs 1,46,971 per acre; and for cultivating 1,600 jasmine plants per acre, nearly Rs 1,85,396 in aid. Pomegranate cultivation offers support of Rs 2,16,417 per acre, while dragon fruit receives Rs 2,00,714 for half-an -acre. Tiruvuru RDO K Madhuri, DWMA PD A Ramu, Assistant PD Parthasarathi, DWMA District Plantation Manager K Usha, and other officials participated.
Time of India
27 minutes ago
- Time of India
Making finance & accounting smarter and faster
Representative AI-generated image ➤ In 2023, Niyati Chhaya, Ram Jayaraman, and Rajeev Pathak came together to make finance and accounting smarter, faster, and autonomous. Rajeev, who had worked at Wipro and founded a learning platform called Funtoot (acquired by Reliance's Embibe in 2019), had noted that clunky accounting processes had distracted him from building his business. And he kept coming back to one question: 'What if I can simplify these functions?' Niyati Chhaya ➤ Ram had grown up watching his father, a chartered accountant, struggle with outdated finance systems, and be buried in manual work. Ram too had been at Wipro, and had later joined Rajeev in Funtoot. Niyati had been an AI research scientist at Adobe for more than 10 years, and had then joined the faculty at IIIT Hyderabad. She wanted to do more than research papers – she wanted to see her ideas powering products, and creating real impact. Ram Jayaraman by Taboola by Taboola Sponsored Links Sponsored Links Promoted Links Promoted Links You May Like Esse novo alarme com câmera é quase gratuito em Ibaté (consulte o preço) Alarmes Undo ➤ Their common vision around finance and accounting became Hyperbots . The venture is building AI co-pilots for finance teams – moving beyond task automation to autonomous execution across critical workflows like procure-to-pay (the end-to-end business process that manages the acquisition of goods and services, from initial request to final payment), order-to-cash (a business process that outlines the steps from when a customer places an order to when the business receives payment), expense management, reporting, and analytics. Hyperbots' agentic AI platform reads and understands any financial document – invoice, contract, or statement – regardless of format or template. It extracts, interprets, and posts the data directly into ERP systems, enabling straight-through processing. This slashes manual errors, reduces costs, and unlocks real-time cash flow visibility for CFOs. The AI agents also interpret accounting jargon and free text to provide alerts and insights around payment terms, and penalties. Rajeev says the accuracy level is 99.8%, and there's an 80% productivity gain. ➤ They have received $6.5 million in seed funding in a round led by Arkam Ventures. They currently sell only in the US. Rajeev says they have a few dozen customers. ➤ They are working towards building a large language model trained exclusively on finance and accounting data. This will enable the development of more co-pilots. AI Masterclass for Students. Upskill Young Ones Today!– Join Now
