Indore development body gives nod to two new residential schemes – ET RealEstate

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By Amit

INDORE: Indore Development Authority (IDA) board on Wednesday approved its two ambitious schemes – Town Planning Scheme 9 and Town Planning Scheme 10 — and changed land use of a big plot to pave way for construction of proposed 10,000-seat convention centre on Super Corridor.

The board meeting led by chairman Jaypal Singh Chawda and attended Indore collector Ilayaraja T, Indore Municipal Corporation commissioner Pratibha Pal and the authority CEO RP Ahirwar held a discussion over five agendas.

“For TPS 9 and TPS 10, IDA had received a total 599 claims and objections. They have been resolved. So, the board gave approval for development of both the schemes. The proposals have been sent to state government for final sanction,” Chawda said.

“As decided, New Tilak Nagar will remain a part of TPS 9, but IDA will not have possession of the colony’s land. It will levy development charges on property owners,” he said, adding that valuation of development charge is yet to be done. It is expected to be around Rs 200-Rs 300 per square feet.

IDA has planned TPS 9 in 263 hectares of land spread in Bicholi Hapsi, Kanadia and Tigariya Badshah area and against it, a total 490 claims and objections were received. Of them, around 100 claims and objections were related to New Tilak Nagar.

TPS 10 is proposed on 221 hectares of land spread in Bada Bangadada, Palakhedi, Tigariya Badshah and Limbodagari village. A total 109 claims and objections were received against it.

In the meeting, the board gave its sanction to appoint a consultant for proposed Startup Park in around 20 acres of area.

“Foundation stone for the Startup Park is likely to be laid down in next three months. The board has decided to change land use of a plot in Nainod on Super Corridor (Kkasra number 322, 324) from residential to commercial to construct a convention centre,” the board chairman said.

“The proposal has been sent to the state government for its approval,” he added.

Chawda said: First phase of an under-construction swimming pool in Scheme 94 (sector F) has been completed, while the board has given a sanction of Rs 29.5 lakh for facility getting approval of International Swimming Federation to hold international-level sport events there.

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