Kotak Mahindra Bank: RLLR: 0.75 | From: 8.7% - To: 10.5%
Union Bank of India: RLLR: 0.5 | From: 8.5% - To: 10%
Bank of Baroda: RLLR: 0.5 | From: 9.25% - To: 11%
HDFC Bank: RLLR: 0.75 | From: 8.5% - To: 8.8%

Location : Ujjain

Illegal residential structures cleared by Ujjain Authority in Begambagh

The Ujjain Development Authority (UDA), along with the municipal corporation and district administration, demolished illegal constructions on three plots in Begambagh, each about 2,400 sq. ft., after leaseholders violated land-use terms. Originally allotted in 1985 for residential use under 30-year leases, the plots were later used for commercial purposes without renewal. Following the court's dismissal of a stay order, UDA reclaimed the land under CEO Sandeep Kumar Soni's supervision. Over 200 personnel ensured a peaceful operation. The UDA said it will continue monitoring other properties to prevent similar violations, reinforcing strict enforcement of lease and land-use regulations in Ujjain.Read more

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MPIDC clears Ujjain IT Park Phase II as demand rises for tech-ready commercial space

MPIDC has sanctioned Phase II of the Ujjain IT Park, with a developer already appointed. Aimed at fostering a vibrant tech ecosystem, the expansion follows strong interest in Phase I, which is under construction and has attracted 20 IT firms from Indore, Ujjain, and Bhopal. Phase I features incubation centres, shared research labs, and plug-and-play offices, and is expected to be completed by end-2026, creating 500 direct and 1,000+ indirect jobs. Phase II will add more space and infrastructure for innovation, training, and networking. Officials believe these developments will position Ujjain as a cost-effective, modern tech hub alternative to larger cities.Read more

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Ujjain's INR 10,000 crore infrastructure overhaul to boost connectivity, culture, and growth

Ujjain, one of India's oldest cities, is undergoing a transformative infrastructure overhaul exceeding INR 10,000 crore. Key projects include the INR 5,722 crore development of 11 road projects, the INR 350 crore Mahakal Lok Corridor, and the INR 2,029 crore Ujjain-Jaora Greenfield Expressway. Additionally, the city is preparing for Simhastha 2028 with comprehensive urban upgrades, including smart city initiatives and industrial expansions like the 1,200-acre Vikram Udyog Nagari. These developments aim to enhance connectivity, boost tourism, and stimulate economic growth, positioning Ujjain as a modern urban center while preserving its rich cultural heritage.Read more

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PepsiCo India announces new INR 1,266 crore facility in Ujjain, Madhya Pradesh

PepsiCo India has announced plans to set up a new flavor manufacturing plant in Ujjain, Madhya Pradesh with an investment of INR 1,266 crore. Spread over 22 acres, the facility will boost PepsiCo's beverage production capabilities in India as part of its expansion plans. The company states the plant will be fully powered by renewable energy and implement zero liquid discharge technology to ensure 90% overall water efficiency and responsible water management. This investment marks PepsiCo's second major move in India since September 2023 and will be operational by early 2026.Read more

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