Saturday, November 1, 2008
Project Features Of VCA
( Vidarbha Cricket Association) an Upcoming project of Nagpur, on which the work of construction has started. The project is building cricket stadium of International standards. This project is also on National Highway no.7 at 18Kms from Nagpur.
Project Features Of SAHARA
SAHARA Township , ( Amby-Valley ) Sahara City Homes coming up with Township in 217 cities including Nagpur with min 102 acres on National Highway no. 7 which is connecting to CIDCO.
Project Features Of SATYAM CITY
Satyam Computers has acquired 400 acres of land on National Highway no.7 to develop fully integrated Township on 19 Kms from Zero Mile, Nagpur.
Project Features Of CIDCO
This township assists Nagpur in fulfilling its status as the second capital of Maharashtra. MIDC has developed a few industrial areas around Nagpur. In terms of CIDCO’s participation to this effort, a team of planners has visited the place and prepared feasibility reports and a tentative plan for the construction of the new city. This new development will assist Nagpur in emerging as the latest industrial magnet of India. The proposed CIDCO township has acquired 2500 Acres of land on National Highway no.7 which is a way to our proposed land.
Major Projects in Nagpur
A) Project Features Of International Air Cargo Hub (MIHAN):The Government of Maharashtra with the co-operation of Government of India is developing the existing Nagpur airport as Multi-modal International Passenger and Cargo Hub Airport at Nagpur (MIHAN) Project. This includes the upgradation of existing airport to an International standard and expanding it by constructing the second parallel runway, most modern passenger and cargo terminal building with the state of the art facilities for passenger, baggage and cargo handling. The whole design for the airport has been prepared by M/s L & T Ramboll Consultants along with Zurich Airport. They are following the consultants report for the development of airport and other allied facilities.This MIHAN project is supported by the following development.i.International Airportii.Special Economic Zoneiii.IT Park Health Cityiv.Manufacturing Unitsv.Captive Power Plantvi.Rail Road Terminalvii.International Schoolviii.Leading IT companies and other industrial and manufacturing companies have already booked the land in MIHAN, SEZ. Some of them are –M/s Satyam Computer Services LtdM/s Shapoorji Pallonji & Co.M/s L & T InfocityL & TDLFOther companies which have registered their demands for land are Max Aerospace, Go Air, Tata Consulting Services, Patni Computer Systems Ltd. etc.Road and Rail Terminal spread over 400 Acres as logistical center taking geographical advantages of Nagpur.
MIHAN Dream
It is amazing to see the 340 sqkm of area related to Cargo would transform into Nagpur suburb; how it would develop? from where the investment will come? and how many locals will commit long term investments for residential cause?
Or only this is speculation? Very difficult to answer. But dont worry Nagpurestate-study-team finds it out for you with its perisodic dialogues and visits to the area and meeting with larnge to small the investors in this field.
Nagpurestate-team advices small investors to go slow before commiting long-term investments. As the geomorphorphogy of Nagpur and Wardha road is that of plain,vast area would still be available for suitable residential purpose in and around. There is no need to panick and jump into high value transactions unless clear developmental picture emerges which any would take another 1.5 year. As of now most of the investment comes from NRI and trader community. The stock market boom and property prices in Nagpur has direct correlation.
Or only this is speculation? Very difficult to answer. But dont worry Nagpurestate-study-team finds it out for you with its perisodic dialogues and visits to the area and meeting with larnge to small the investors in this field.
Nagpurestate-team advices small investors to go slow before commiting long-term investments. As the geomorphorphogy of Nagpur and Wardha road is that of plain,vast area would still be available for suitable residential purpose in and around. There is no need to panick and jump into high value transactions unless clear developmental picture emerges which any would take another 1.5 year. As of now most of the investment comes from NRI and trader community. The stock market boom and property prices in Nagpur has direct correlation.
Friday, October 17, 2008
Shape of nagpur due to MIHAN
hat, Nagpur in particular and Vidarbha region in general are riding high on the development boom created by the ambitious multi-crore Multimodal International Hub and Airport at Nagpur (MIHAN) is an old thing. But, the academic circles in the region too are gearing up to ride on the same boom, is the latest news. How? Read on.
With MIHAN moving ahead at its pace, logistics and supply chain management are set to get more importance. Similarly, with several special economic zones proposed in the region, foreign trade will also get a boost. Identifying the requirement for these modern-day jobs, G H Raisoni Group of Institutions, affiliated to Rashtrasant Tukdoji Maharaj Nagpur University (RTMNU), has brought in six new job-oriented courses. These six courses which are designed by Pune University include BBA (International Tourism and Hotel Management), BBA (Logistics and Supply Chain Management Marketing Management), Bachelor of Foreign Trade, PG Diploma in Capital Marketing Management, PG Diploma in Material and Logistics Management, and Bachelor of Business Economics. Besides, as many as 50 colleges that come under RTMNU have got approval for new courses, new sections, and new faculties. The colleges like Dr Ambedkar Institute of Management Studies and Research, Deekshabhoomi, Dhanwate National College, Kamla Nehru College, Sakkardara, K. R. Pandav College, Mathuradas Mohta College of Science and some others also have got new sections and new courses. In the wake of development in Nagpur and adjoining area, this time the emphasize was given on job-oriented and short term courses which are useful for the industries. K R Pandav College and Ramaji Pandav Master of Computer Management are introducing courses like PGD (Company Secretary Slip), PGD (Co-operative Management), PGD (Finance Management) and others. Till now only Dhanwate National College was running Masters course in Mass Communication. But now from the session 2008-09 G. H. Raisoni College too will be running the course. Apart from this, courses like Master of Hospitality Management, B A (Functional English), B.Sc (Bio-informatics) etc are also being added. Some of the colleges have got sanction to new faculties. SFS College has got approval to start Commerce faculty, Yeshwant College, Wardha, has got approval for Arts and Social Science, Commerce, Law and Science faculties. Some of the colleges have introduced courses related to Cyber Law, Industrial Intellectual Property, PG Diploma course in Law, Health and Medicine, Environmental Law, Course in Taxation, PG Diploma in Aquaculture. Kamla Nehru college, Sakkardara has introduced courses like Library Science, Home Science while Mohta Science will have Post Graduate course in Mathematics from this academic session.
With MIHAN moving ahead at its pace, logistics and supply chain management are set to get more importance. Similarly, with several special economic zones proposed in the region, foreign trade will also get a boost. Identifying the requirement for these modern-day jobs, G H Raisoni Group of Institutions, affiliated to Rashtrasant Tukdoji Maharaj Nagpur University (RTMNU), has brought in six new job-oriented courses. These six courses which are designed by Pune University include BBA (International Tourism and Hotel Management), BBA (Logistics and Supply Chain Management Marketing Management), Bachelor of Foreign Trade, PG Diploma in Capital Marketing Management, PG Diploma in Material and Logistics Management, and Bachelor of Business Economics. Besides, as many as 50 colleges that come under RTMNU have got approval for new courses, new sections, and new faculties. The colleges like Dr Ambedkar Institute of Management Studies and Research, Deekshabhoomi, Dhanwate National College, Kamla Nehru College, Sakkardara, K. R. Pandav College, Mathuradas Mohta College of Science and some others also have got new sections and new courses. In the wake of development in Nagpur and adjoining area, this time the emphasize was given on job-oriented and short term courses which are useful for the industries. K R Pandav College and Ramaji Pandav Master of Computer Management are introducing courses like PGD (Company Secretary Slip), PGD (Co-operative Management), PGD (Finance Management) and others. Till now only Dhanwate National College was running Masters course in Mass Communication. But now from the session 2008-09 G. H. Raisoni College too will be running the course. Apart from this, courses like Master of Hospitality Management, B A (Functional English), B.Sc (Bio-informatics) etc are also being added. Some of the colleges have got sanction to new faculties. SFS College has got approval to start Commerce faculty, Yeshwant College, Wardha, has got approval for Arts and Social Science, Commerce, Law and Science faculties. Some of the colleges have introduced courses related to Cyber Law, Industrial Intellectual Property, PG Diploma course in Law, Health and Medicine, Environmental Law, Course in Taxation, PG Diploma in Aquaculture. Kamla Nehru college, Sakkardara has introduced courses like Library Science, Home Science while Mohta Science will have Post Graduate course in Mathematics from this academic session.
still paculation
Proving doomsday prophets wrong, the city realty market is showing no signs of slowdown. With every passing day, the demand for high-end housing is witnessing new highs. The new luxury apartment schemes are commanding record prices with a recent land deal fetching Rs 16,500 per sq ft price.
Despite a slump on Wardha Road following The Hitavada expose revealing massive irregularities in grant of No Objection Certificates, the property market is full of queries and developers and builders are now offering plots and flats with proper permissions from various authorities including Non Agriculture and Town Planning sanctioned plans popularly known as NA/TP. Out of 2.40 lakh property deal registrations in five leading cities of Maharashtra including Mumbai, Pune, Nashik, Thane and Nagpur during first quarter of 2008, the Orange City had witnessed 27,514. The authorities had banned registrations of plots and apartments situated in unauthorised layouts as well as registrations of plots part of irregular NA/TP permissions. According to figures available with Inspector General of Registration and Stamp Duty, Nagpur cityi had recorded 24,529 registrations during first quarter of 2006. It saw a 5.74 per cent rise the following year with 25,937 registrations. During first quarter of 2008 as many as 27,514 properties deals were registered recording 6.08 per cent growth. Till June 20, 2008, Nagpur city has recorded 30,156 registeries and mopped up stamp duty worth Rs 105 crore. Nagpur (Rural) too witnessed 21,019 registration from January 1, 2008, till June 20, and stamp duty worth Rs 28.73 crore was collected. During 2006-07 (April 1, 2006 to March 31, 2007) as many as 61,126 deals were registered and stamp duty worth Rs 163.69 crore was mopped up. In 2007-08 the city recorded 62,105 deals were recorded and stamp duty worth Rs 211.23 crore was collected. During second quarter of 2006 (April 1 to June 30, 2006) the city recorded 14029 deals while in the year 2007 the city recorded 16,106 deals. In the current year, the city recorded 5415 registrations in April, 5,041 registration in May and 2,833 registrations by June 20, 2008. The officials of Deputy Inspector General of Registration and Stamp Duty insists that it is a normal phenomenon. During second quarter of every year, very few property deals are registered and property market will bounce back in third quarter as usual, they pointed out. Moreover, if Nagpur city and rural areas are taken together as many as 51,175 deals have been registered, despite economic slow down, they opined. Nationally the realty market has taken a beating following mind-boggling land prices, inflationary pressure, escalation in construction cost, upward movement of interest rate, steep hike in ready recknor prices and apprehension about appreciation of investment. But somehow the Orange city which has been described as the most attractive destination amongst Tier II and III cities, has escaped the sluggish growth phenomenon. State-wide, 2,08,205 registrations were recorded during July-September 2007 while in October-December 2007 it was 2,17,743. The comparison of data for the first quarter in the last three years also reveals that registrations have gone up by 13.54 per cent in 2008 compared to 2007. Despite mind-boggling cost of property prices, the market witnessed a jump by 9.5 per cent as compared to January-March 2007 figures. According to sources in Inspector General of registration and stamp duty, the Maharashtra Government had collected a whopping Rs 2,267.42 crore from January to March in 2008 as compared to Rs 1,619.99 crore during the same period last year. This plainly means a cool increase of 40 per cent. During first quarter of 2006, the government had collected Rs 1,374 crore stamp duty from property registration. Rationalisation of property prices in the Ready Reckoner, a more realistic approach and intense scrutiny of the deals, had ensured a better duty collection, reveals a senior officer of the department. A leading developer also confirmed that due to mind-boggling rise in the property rates, the purchaser and seller had no option but to go in for registration and pay proper stamp duty to avoid legal complications in future. The trend of unregistered agreement to sale is a passe, revealed a property broker who pointed out most client insists proper registration of property documents to avail bank loan. City-wise comparison also confirms that property registrations are on an upswing. In Mumbai, the registrations increased by 8 per cent between January and March 2008 compared to corresponding period in 2007, while Thane, Pune, Nagpur and Nashik witnessed increase of 12.46, 17.60, 6.08 and 22.50 per cent, respectively. Amidst this buoyancy in property market, the insiders insist that high-end apartments have very few takers. However, this had not dampened the enthusiasm of developers who are coming with luxury apartment schemes with every passing day. The flat schemes coming on city outskirts for middle-class are sold like hot cake while those catering to niche segments require little prodding. The West High Court road deal which commanded a record Rs 16,500 per sq ft seems to have revived the sluggish realty market. Prime localities like Ramdaspeth area too had witnessed many record land deals with developers purchasing land at Rs 6,500/- to Rs 7,000/- per sq ft. A luxury flat scheme coming up in Ramdaspeth area was sold for Rs 1.80 crore per apartment. The scheme was fully booked before its formal launch. Similarly, Nagpur Vinkar Sut Girni land on Umrer Road was auctioned for Rs. 81.63 crore or close to Rs. 4 crore per acre by a leading infrastructure firm. A cursory look at the public notices published in city papers also reveals the hectic activity in Nagpur district, confirmed Adv. Nishad Virkhare, an expert in property transactions.
Despite a slump on Wardha Road following The Hitavada expose revealing massive irregularities in grant of No Objection Certificates, the property market is full of queries and developers and builders are now offering plots and flats with proper permissions from various authorities including Non Agriculture and Town Planning sanctioned plans popularly known as NA/TP. Out of 2.40 lakh property deal registrations in five leading cities of Maharashtra including Mumbai, Pune, Nashik, Thane and Nagpur during first quarter of 2008, the Orange City had witnessed 27,514. The authorities had banned registrations of plots and apartments situated in unauthorised layouts as well as registrations of plots part of irregular NA/TP permissions. According to figures available with Inspector General of Registration and Stamp Duty, Nagpur cityi had recorded 24,529 registrations during first quarter of 2006. It saw a 5.74 per cent rise the following year with 25,937 registrations. During first quarter of 2008 as many as 27,514 properties deals were registered recording 6.08 per cent growth. Till June 20, 2008, Nagpur city has recorded 30,156 registeries and mopped up stamp duty worth Rs 105 crore. Nagpur (Rural) too witnessed 21,019 registration from January 1, 2008, till June 20, and stamp duty worth Rs 28.73 crore was collected. During 2006-07 (April 1, 2006 to March 31, 2007) as many as 61,126 deals were registered and stamp duty worth Rs 163.69 crore was mopped up. In 2007-08 the city recorded 62,105 deals were recorded and stamp duty worth Rs 211.23 crore was collected. During second quarter of 2006 (April 1 to June 30, 2006) the city recorded 14029 deals while in the year 2007 the city recorded 16,106 deals. In the current year, the city recorded 5415 registrations in April, 5,041 registration in May and 2,833 registrations by June 20, 2008. The officials of Deputy Inspector General of Registration and Stamp Duty insists that it is a normal phenomenon. During second quarter of every year, very few property deals are registered and property market will bounce back in third quarter as usual, they pointed out. Moreover, if Nagpur city and rural areas are taken together as many as 51,175 deals have been registered, despite economic slow down, they opined. Nationally the realty market has taken a beating following mind-boggling land prices, inflationary pressure, escalation in construction cost, upward movement of interest rate, steep hike in ready recknor prices and apprehension about appreciation of investment. But somehow the Orange city which has been described as the most attractive destination amongst Tier II and III cities, has escaped the sluggish growth phenomenon. State-wide, 2,08,205 registrations were recorded during July-September 2007 while in October-December 2007 it was 2,17,743. The comparison of data for the first quarter in the last three years also reveals that registrations have gone up by 13.54 per cent in 2008 compared to 2007. Despite mind-boggling cost of property prices, the market witnessed a jump by 9.5 per cent as compared to January-March 2007 figures. According to sources in Inspector General of registration and stamp duty, the Maharashtra Government had collected a whopping Rs 2,267.42 crore from January to March in 2008 as compared to Rs 1,619.99 crore during the same period last year. This plainly means a cool increase of 40 per cent. During first quarter of 2006, the government had collected Rs 1,374 crore stamp duty from property registration. Rationalisation of property prices in the Ready Reckoner, a more realistic approach and intense scrutiny of the deals, had ensured a better duty collection, reveals a senior officer of the department. A leading developer also confirmed that due to mind-boggling rise in the property rates, the purchaser and seller had no option but to go in for registration and pay proper stamp duty to avoid legal complications in future. The trend of unregistered agreement to sale is a passe, revealed a property broker who pointed out most client insists proper registration of property documents to avail bank loan. City-wise comparison also confirms that property registrations are on an upswing. In Mumbai, the registrations increased by 8 per cent between January and March 2008 compared to corresponding period in 2007, while Thane, Pune, Nagpur and Nashik witnessed increase of 12.46, 17.60, 6.08 and 22.50 per cent, respectively. Amidst this buoyancy in property market, the insiders insist that high-end apartments have very few takers. However, this had not dampened the enthusiasm of developers who are coming with luxury apartment schemes with every passing day. The flat schemes coming on city outskirts for middle-class are sold like hot cake while those catering to niche segments require little prodding. The West High Court road deal which commanded a record Rs 16,500 per sq ft seems to have revived the sluggish realty market. Prime localities like Ramdaspeth area too had witnessed many record land deals with developers purchasing land at Rs 6,500/- to Rs 7,000/- per sq ft. A luxury flat scheme coming up in Ramdaspeth area was sold for Rs 1.80 crore per apartment. The scheme was fully booked before its formal launch. Similarly, Nagpur Vinkar Sut Girni land on Umrer Road was auctioned for Rs. 81.63 crore or close to Rs. 4 crore per acre by a leading infrastructure firm. A cursory look at the public notices published in city papers also reveals the hectic activity in Nagpur district, confirmed Adv. Nishad Virkhare, an expert in property transactions.
still paculation
Proving doomsday prophets wrong, the city realty market is showing no signs of slowdown. With every passing day, the demand for high-end housing is witnessing new highs. The new luxury apartment schemes are commanding record prices with a recent land deal fetching Rs 16,500 per sq ft price.
Despite a slump on Wardha Road following The Hitavada expose revealing massive irregularities in grant of No Objection Certificates, the property market is full of queries and developers and builders are now offering plots and flats with proper permissions from various authorities including Non Agriculture and Town Planning sanctioned plans popularly known as NA/TP. Out of 2.40 lakh property deal registrations in five leading cities of Maharashtra including Mumbai, Pune, Nashik, Thane and Nagpur during first quarter of 2008, the Orange City had witnessed 27,514. The authorities had banned registrations of plots and apartments situated in unauthorised layouts as well as registrations of plots part of irregular NA/TP permissions. According to figures available with Inspector General of Registration and Stamp Duty, Nagpur cityi had recorded 24,529 registrations during first quarter of 2006. It saw a 5.74 per cent rise the following year with 25,937 registrations. During first quarter of 2008 as many as 27,514 properties deals were registered recording 6.08 per cent growth. Till June 20, 2008, Nagpur city has recorded 30,156 registeries and mopped up stamp duty worth Rs 105 crore. Nagpur (Rural) too witnessed 21,019 registration from January 1, 2008, till June 20, and stamp duty worth Rs 28.73 crore was collected. During 2006-07 (April 1, 2006 to March 31, 2007) as many as 61,126 deals were registered and stamp duty worth Rs 163.69 crore was mopped up. In 2007-08 the city recorded 62,105 deals were recorded and stamp duty worth Rs 211.23 crore was collected. During second quarter of 2006 (April 1 to June 30, 2006) the city recorded 14029 deals while in the year 2007 the city recorded 16,106 deals. In the current year, the city recorded 5415 registrations in April, 5,041 registration in May and 2,833 registrations by June 20, 2008. The officials of Deputy Inspector General of Registration and Stamp Duty insists that it is a normal phenomenon. During second quarter of every year, very few property deals are registered and property market will bounce back in third quarter as usual, they pointed out. Moreover, if Nagpur city and rural areas are taken together as many as 51,175 deals have been registered, despite economic slow down, they opined. Nationally the realty market has taken a beating following mind-boggling land prices, inflationary pressure, escalation in construction cost, upward movement of interest rate, steep hike in ready recknor prices and apprehension about appreciation of investment. But somehow the Orange city which has been described as the most attractive destination amongst Tier II and III cities, has escaped the sluggish growth phenomenon. State-wide, 2,08,205 registrations were recorded during July-September 2007 while in October-December 2007 it was 2,17,743. The comparison of data for the first quarter in the last three years also reveals that registrations have gone up by 13.54 per cent in 2008 compared to 2007. Despite mind-boggling cost of property prices, the market witnessed a jump by 9.5 per cent as compared to January-March 2007 figures. According to sources in Inspector General of registration and stamp duty, the Maharashtra Government had collected a whopping Rs 2,267.42 crore from January to March in 2008 as compared to Rs 1,619.99 crore during the same period last year. This plainly means a cool increase of 40 per cent. During first quarter of 2006, the government had collected Rs 1,374 crore stamp duty from property registration. Rationalisation of property prices in the Ready Reckoner, a more realistic approach and intense scrutiny of the deals, had ensured a better duty collection, reveals a senior officer of the department. A leading developer also confirmed that due to mind-boggling rise in the property rates, the purchaser and seller had no option but to go in for registration and pay proper stamp duty to avoid legal complications in future. The trend of unregistered agreement to sale is a passe, revealed a property broker who pointed out most client insists proper registration of property documents to avail bank loan. City-wise comparison also confirms that property registrations are on an upswing. In Mumbai, the registrations increased by 8 per cent between January and March 2008 compared to corresponding period in 2007, while Thane, Pune, Nagpur and Nashik witnessed increase of 12.46, 17.60, 6.08 and 22.50 per cent, respectively. Amidst this buoyancy in property market, the insiders insist that high-end apartments have very few takers. However, this had not dampened the enthusiasm of developers who are coming with luxury apartment schemes with every passing day. The flat schemes coming on city outskirts for middle-class are sold like hot cake while those catering to niche segments require little prodding. The West High Court road deal which commanded a record Rs 16,500 per sq ft seems to have revived the sluggish realty market. Prime localities like Ramdaspeth area too had witnessed many record land deals with developers purchasing land at Rs 6,500/- to Rs 7,000/- per sq ft. A luxury flat scheme coming up in Ramdaspeth area was sold for Rs 1.80 crore per apartment. The scheme was fully booked before its formal launch. Similarly, Nagpur Vinkar Sut Girni land on Umrer Road was auctioned for Rs. 81.63 crore or close to Rs. 4 crore per acre by a leading infrastructure firm. A cursory look at the public notices published in city papers also reveals the hectic activity in Nagpur district, confirmed Adv. Nishad Virkhare, an expert in property transactions.
Despite a slump on Wardha Road following The Hitavada expose revealing massive irregularities in grant of No Objection Certificates, the property market is full of queries and developers and builders are now offering plots and flats with proper permissions from various authorities including Non Agriculture and Town Planning sanctioned plans popularly known as NA/TP. Out of 2.40 lakh property deal registrations in five leading cities of Maharashtra including Mumbai, Pune, Nashik, Thane and Nagpur during first quarter of 2008, the Orange City had witnessed 27,514. The authorities had banned registrations of plots and apartments situated in unauthorised layouts as well as registrations of plots part of irregular NA/TP permissions. According to figures available with Inspector General of Registration and Stamp Duty, Nagpur cityi had recorded 24,529 registrations during first quarter of 2006. It saw a 5.74 per cent rise the following year with 25,937 registrations. During first quarter of 2008 as many as 27,514 properties deals were registered recording 6.08 per cent growth. Till June 20, 2008, Nagpur city has recorded 30,156 registeries and mopped up stamp duty worth Rs 105 crore. Nagpur (Rural) too witnessed 21,019 registration from January 1, 2008, till June 20, and stamp duty worth Rs 28.73 crore was collected. During 2006-07 (April 1, 2006 to March 31, 2007) as many as 61,126 deals were registered and stamp duty worth Rs 163.69 crore was mopped up. In 2007-08 the city recorded 62,105 deals were recorded and stamp duty worth Rs 211.23 crore was collected. During second quarter of 2006 (April 1 to June 30, 2006) the city recorded 14029 deals while in the year 2007 the city recorded 16,106 deals. In the current year, the city recorded 5415 registrations in April, 5,041 registration in May and 2,833 registrations by June 20, 2008. The officials of Deputy Inspector General of Registration and Stamp Duty insists that it is a normal phenomenon. During second quarter of every year, very few property deals are registered and property market will bounce back in third quarter as usual, they pointed out. Moreover, if Nagpur city and rural areas are taken together as many as 51,175 deals have been registered, despite economic slow down, they opined. Nationally the realty market has taken a beating following mind-boggling land prices, inflationary pressure, escalation in construction cost, upward movement of interest rate, steep hike in ready recknor prices and apprehension about appreciation of investment. But somehow the Orange city which has been described as the most attractive destination amongst Tier II and III cities, has escaped the sluggish growth phenomenon. State-wide, 2,08,205 registrations were recorded during July-September 2007 while in October-December 2007 it was 2,17,743. The comparison of data for the first quarter in the last three years also reveals that registrations have gone up by 13.54 per cent in 2008 compared to 2007. Despite mind-boggling cost of property prices, the market witnessed a jump by 9.5 per cent as compared to January-March 2007 figures. According to sources in Inspector General of registration and stamp duty, the Maharashtra Government had collected a whopping Rs 2,267.42 crore from January to March in 2008 as compared to Rs 1,619.99 crore during the same period last year. This plainly means a cool increase of 40 per cent. During first quarter of 2006, the government had collected Rs 1,374 crore stamp duty from property registration. Rationalisation of property prices in the Ready Reckoner, a more realistic approach and intense scrutiny of the deals, had ensured a better duty collection, reveals a senior officer of the department. A leading developer also confirmed that due to mind-boggling rise in the property rates, the purchaser and seller had no option but to go in for registration and pay proper stamp duty to avoid legal complications in future. The trend of unregistered agreement to sale is a passe, revealed a property broker who pointed out most client insists proper registration of property documents to avail bank loan. City-wise comparison also confirms that property registrations are on an upswing. In Mumbai, the registrations increased by 8 per cent between January and March 2008 compared to corresponding period in 2007, while Thane, Pune, Nagpur and Nashik witnessed increase of 12.46, 17.60, 6.08 and 22.50 per cent, respectively. Amidst this buoyancy in property market, the insiders insist that high-end apartments have very few takers. However, this had not dampened the enthusiasm of developers who are coming with luxury apartment schemes with every passing day. The flat schemes coming on city outskirts for middle-class are sold like hot cake while those catering to niche segments require little prodding. The West High Court road deal which commanded a record Rs 16,500 per sq ft seems to have revived the sluggish realty market. Prime localities like Ramdaspeth area too had witnessed many record land deals with developers purchasing land at Rs 6,500/- to Rs 7,000/- per sq ft. A luxury flat scheme coming up in Ramdaspeth area was sold for Rs 1.80 crore per apartment. The scheme was fully booked before its formal launch. Similarly, Nagpur Vinkar Sut Girni land on Umrer Road was auctioned for Rs. 81.63 crore or close to Rs. 4 crore per acre by a leading infrastructure firm. A cursory look at the public notices published in city papers also reveals the hectic activity in Nagpur district, confirmed Adv. Nishad Virkhare, an expert in property transactions.
over 780 caror bisnuss
Now, the sanctioning of building plans, no objection certificates of fire department, octroi cess, licence fees for shops and establishment and land lease renewal fees will become dearer for the citizens. However, civic body has not proposed any hike in property tax and water charges.
Bharatiya Janata Party (BJP) led Nagpur Vikas Aghadi and Shiv Sena have proposed steep hike in these departments of Nagpur Municipal Corporation (NMC). Krishna Khopde, Chairman of Standing Committee presented the Civic budget at general body meeting on Thursday. He submitted a copy of the annual budget for the financial year 2008-09 to Mayor Maya Iwnate and Municipal Commissioner Aseem Gupta. Khopde has found out some new revenue sources to increase the income of the civic body. He has proposed to construct modernise hospitals on Build-Operate-Own-Transfer (BOOT) basis. The discussion on budget will be held on Saturday. Khopde has presented a budget of proposed income 7and estimated expenditure of Rs 784.73. As compared to last year, the budget has been increased by Rs 214.20 crore. Standing Committee has proposed the expected income of Rs 304 crore from Octroi cess, Rs 130 crore from property tax, Rs 110 from water supply charges, Rs 10 crore from market department. In comparision with last years income, the present estimated income is Rs 58 crore increase in Octroi, Rs 24 crore in Property Tax, Rs 47 crore in water supply charges and Rs 5 crore in market department. As far as expenditure is concerned, the civic body will spent Rs 149.56 crore in establishment, Rs 110.50 crore in proposed expenditure, Rs 50.26 crore in maintenance, Rs 15.82 crore in disbursement of loan. Civic body is spending Rs 374.15 crore on establishment and loan disbursement while Rs 275 crore on capital expenditure. The civic body has made an arrangement of Rs 70 crore for the projects sanctioned under Jawaharlal Nehru National Urban Renewal Mission (JNNURM). Khopde has proposed some new innovative schemes for the students of the civic schools and construction of new eye and paediatric hospitals for urban poor people.
Bharatiya Janata Party (BJP) led Nagpur Vikas Aghadi and Shiv Sena have proposed steep hike in these departments of Nagpur Municipal Corporation (NMC). Krishna Khopde, Chairman of Standing Committee presented the Civic budget at general body meeting on Thursday. He submitted a copy of the annual budget for the financial year 2008-09 to Mayor Maya Iwnate and Municipal Commissioner Aseem Gupta. Khopde has found out some new revenue sources to increase the income of the civic body. He has proposed to construct modernise hospitals on Build-Operate-Own-Transfer (BOOT) basis. The discussion on budget will be held on Saturday. Khopde has presented a budget of proposed income 7and estimated expenditure of Rs 784.73. As compared to last year, the budget has been increased by Rs 214.20 crore. Standing Committee has proposed the expected income of Rs 304 crore from Octroi cess, Rs 130 crore from property tax, Rs 110 from water supply charges, Rs 10 crore from market department. In comparision with last years income, the present estimated income is Rs 58 crore increase in Octroi, Rs 24 crore in Property Tax, Rs 47 crore in water supply charges and Rs 5 crore in market department. As far as expenditure is concerned, the civic body will spent Rs 149.56 crore in establishment, Rs 110.50 crore in proposed expenditure, Rs 50.26 crore in maintenance, Rs 15.82 crore in disbursement of loan. Civic body is spending Rs 374.15 crore on establishment and loan disbursement while Rs 275 crore on capital expenditure. The civic body has made an arrangement of Rs 70 crore for the projects sanctioned under Jawaharlal Nehru National Urban Renewal Mission (JNNURM). Khopde has proposed some new innovative schemes for the students of the civic schools and construction of new eye and paediatric hospitals for urban poor people.
bogus land dealers
Nagpurė© erstwhile royal family, the Bhonsles, who are seeing their family silver auctioned for a tax liability of just Rs 2 crore, may have lost land worth about Rs 500 crore to scamsters in the last few years. This might be revealed to be the biggest land scam of the region so far.
The Bhonsles have alleged that land worth a mind-boggling Rs 500 crore had changed hands on the basis of bogus No Objection Certificates (NOCs) issued by petty clerk Surendrakumar Mudholkar in connivance with greedy developers. Mudholkar was recently arrested for having opened a bogus bank account in preparation of siphoning off the auction money of Bhonsla wealth.The lands thus sold include a prime 20 acre patch situated on Wardha Road near Somalwada where such NOC was issued just 10 months ago. According to leading property dealers, this 8.92 lakh sq ft land can fetch around Rs 180 crore, even by a conservative rate of Rs 2000 per sq ft. Similarly, a piece of 70-acre land at Mankapur whose present cost is pegged at Rs 350 crore by realty market, was sold on the basis of bogus NOC issued by Mudholkar and officials of Court of Wards. A visibly angry Raje Raghuji Raje Bhonsle V, the legal heir of Senior Bhonsla Estate, lashed out at the Court of Wards for mismanaging the affairs of Bhonsla Estate and for issuing bogus NOCs, keeping the rightful owners in dark. ė°nstead of managing our property, officials of the Court of Wards had connived with the greedy developers and sold our precious lands,?a fuming Raje Raghuji told The Hitavada. Owners of 229 villages in Nagpur division and 1.43 lakh acre land, the Bhonsle family has been forced to run from pillar to post to get bare details of their own property even while an unholy nexus of developers-Court of Wards officials quietly disposed of their property, the royal family lamented. Some 15 years ago, 40 acre land at Sonegaon, was sold using similar modus operandi, he alleged. Questioning the veracity of NOCs and royal seals appeared on these NOCs, Raje Raghuji explained that all the stamps and royal seals were kept in safe custody of district treasury under double lock and room was sealed. Suspecting involvement of some ė°·ig fish?and ė±ery influential person,?Raje Bhonsle alleged complicity of officials and claimed that either duplicate keys were provided to Mudholkar by the ė±eal master mind?or officials themselves misused the seals to grant NOCs to applicants. ė°ronically, nobody bothered to inform us about these transactions,?Bhonsle claimed. Who were the vendors and vendee? Where are the documents claiming ownership over property vested under Court of Wards? And just what mechanism was adopted to issue NOCs, Bhonsle asked while alleging foul play and demanded a CID inquiry to unearth this massive land scam. He is determined to expose the real beneficiaries who had earned hundreds of crores. Repeated complaints made right from District Collector, Divisional Commissioner up to Governor of Maharashtra, had failed to yield any tangible results. Court of Wards employees receive special honorarium for maintaining the property, but instead, they had merrily issued NOCs and destroyed our ancestral property, lamented scion of erstwhile royal family. Interestingly, the land covered under Court of Wards is exempted from the Tenancy Rights, Inam, Urban Land Ceiling and other land related laws, nor it can be mortgaged. Despite this, the scamsters had obtained NOCs, keeping rightful owners in dark and minted money, Bhonsle family lamented. In case of Somalwada land, the modus operandi was simple. According to Bhonsle, one Sudha Rana, who was not connected with family, was shown as their grandmother and on the basis of bogus authorisation letter the NOC was issued in a clandestine manner and the prime land changed hands without any consent from Bhonsle family. Is Mudholkar the real king-pin? Though Surendra Purushottam Mudholkar has emerged as the king-pin of entire land scam, Bhonsle family believes that some influential person is masterminding the operation land grab. According to royal family sources, Shalini Ghadge nee Nirmalaraje Bhonsle was their paternal aunt. She died in 1983. Mrs Shuddhalwar was appointed as Curator to manage estate of Shalini Ghadge and Mudholkar was appointed as her clerk. Mudholkarė© father too was associated with Court of Wards and hence Surendra was unofficially entrusted to look after the affairs of entire Court of Wards. Builders interested in grabbing the land apparently connived with Mudholkar and other staffers of Court of Wards and obtained NOCs and took possession of Bhonsle property, the royal family has alleged. At Bhamti Parsodi the land given for agricultural purpose was transferred in the name of tenants. The record was changed and name of Bhonsle was replaced, of course without informing them. This could be done because Mudholkar was supremely confident of the support he had from a very strong political lobby that favoured a group of real estate developers whose tentacles have gone far and wide and deep in Vidarbha and neighouring states. This political lobby also has influence in many places in the country with possible links with some infrastructure development agencies operating outside the country. The erstwhile Royal Bhonsle family led by Appasaheb Bhonsle had fought battle of Sitabuldi in 1817 against Britishers and lost, the last princely to fall to the alien invaders. The British confiscated entire property belonging to Bhonsles and later applying doctrine of lapse took over the kingdom in 1853. In 1890, the Britishers appointed Court of Wards to look after property of Raje Raghuji (Fourth) on behalf of his sons Fattesingh and Jaisingh. The family was divided into Senior Bhonsle and Junior Bhonsle in 1899. Raje Raghujirao Bhonsle V and Raje Mudhojirao Bhonsle are legal heirs of Senior Bhonsle estate and are sons of Raje Ajitsingh Rao and grandsons of Raje Fatesingh Rao. Late Raje Tejsinghrao Bhonsle and Maharani Chitralekha Raje Bhonsle, who were Members of Parliament from Ramtek, belonged to Junior Bhonsle and heirs of Raje Laxmanrao.
The Bhonsles have alleged that land worth a mind-boggling Rs 500 crore had changed hands on the basis of bogus No Objection Certificates (NOCs) issued by petty clerk Surendrakumar Mudholkar in connivance with greedy developers. Mudholkar was recently arrested for having opened a bogus bank account in preparation of siphoning off the auction money of Bhonsla wealth.The lands thus sold include a prime 20 acre patch situated on Wardha Road near Somalwada where such NOC was issued just 10 months ago. According to leading property dealers, this 8.92 lakh sq ft land can fetch around Rs 180 crore, even by a conservative rate of Rs 2000 per sq ft. Similarly, a piece of 70-acre land at Mankapur whose present cost is pegged at Rs 350 crore by realty market, was sold on the basis of bogus NOC issued by Mudholkar and officials of Court of Wards. A visibly angry Raje Raghuji Raje Bhonsle V, the legal heir of Senior Bhonsla Estate, lashed out at the Court of Wards for mismanaging the affairs of Bhonsla Estate and for issuing bogus NOCs, keeping the rightful owners in dark. ė°nstead of managing our property, officials of the Court of Wards had connived with the greedy developers and sold our precious lands,?a fuming Raje Raghuji told The Hitavada. Owners of 229 villages in Nagpur division and 1.43 lakh acre land, the Bhonsle family has been forced to run from pillar to post to get bare details of their own property even while an unholy nexus of developers-Court of Wards officials quietly disposed of their property, the royal family lamented. Some 15 years ago, 40 acre land at Sonegaon, was sold using similar modus operandi, he alleged. Questioning the veracity of NOCs and royal seals appeared on these NOCs, Raje Raghuji explained that all the stamps and royal seals were kept in safe custody of district treasury under double lock and room was sealed. Suspecting involvement of some ė°·ig fish?and ė±ery influential person,?Raje Bhonsle alleged complicity of officials and claimed that either duplicate keys were provided to Mudholkar by the ė±eal master mind?or officials themselves misused the seals to grant NOCs to applicants. ė°ronically, nobody bothered to inform us about these transactions,?Bhonsle claimed. Who were the vendors and vendee? Where are the documents claiming ownership over property vested under Court of Wards? And just what mechanism was adopted to issue NOCs, Bhonsle asked while alleging foul play and demanded a CID inquiry to unearth this massive land scam. He is determined to expose the real beneficiaries who had earned hundreds of crores. Repeated complaints made right from District Collector, Divisional Commissioner up to Governor of Maharashtra, had failed to yield any tangible results. Court of Wards employees receive special honorarium for maintaining the property, but instead, they had merrily issued NOCs and destroyed our ancestral property, lamented scion of erstwhile royal family. Interestingly, the land covered under Court of Wards is exempted from the Tenancy Rights, Inam, Urban Land Ceiling and other land related laws, nor it can be mortgaged. Despite this, the scamsters had obtained NOCs, keeping rightful owners in dark and minted money, Bhonsle family lamented. In case of Somalwada land, the modus operandi was simple. According to Bhonsle, one Sudha Rana, who was not connected with family, was shown as their grandmother and on the basis of bogus authorisation letter the NOC was issued in a clandestine manner and the prime land changed hands without any consent from Bhonsle family. Is Mudholkar the real king-pin? Though Surendra Purushottam Mudholkar has emerged as the king-pin of entire land scam, Bhonsle family believes that some influential person is masterminding the operation land grab. According to royal family sources, Shalini Ghadge nee Nirmalaraje Bhonsle was their paternal aunt. She died in 1983. Mrs Shuddhalwar was appointed as Curator to manage estate of Shalini Ghadge and Mudholkar was appointed as her clerk. Mudholkarė© father too was associated with Court of Wards and hence Surendra was unofficially entrusted to look after the affairs of entire Court of Wards. Builders interested in grabbing the land apparently connived with Mudholkar and other staffers of Court of Wards and obtained NOCs and took possession of Bhonsle property, the royal family has alleged. At Bhamti Parsodi the land given for agricultural purpose was transferred in the name of tenants. The record was changed and name of Bhonsle was replaced, of course without informing them. This could be done because Mudholkar was supremely confident of the support he had from a very strong political lobby that favoured a group of real estate developers whose tentacles have gone far and wide and deep in Vidarbha and neighouring states. This political lobby also has influence in many places in the country with possible links with some infrastructure development agencies operating outside the country. The erstwhile Royal Bhonsle family led by Appasaheb Bhonsle had fought battle of Sitabuldi in 1817 against Britishers and lost, the last princely to fall to the alien invaders. The British confiscated entire property belonging to Bhonsles and later applying doctrine of lapse took over the kingdom in 1853. In 1890, the Britishers appointed Court of Wards to look after property of Raje Raghuji (Fourth) on behalf of his sons Fattesingh and Jaisingh. The family was divided into Senior Bhonsle and Junior Bhonsle in 1899. Raje Raghujirao Bhonsle V and Raje Mudhojirao Bhonsle are legal heirs of Senior Bhonsle estate and are sons of Raje Ajitsingh Rao and grandsons of Raje Fatesingh Rao. Late Raje Tejsinghrao Bhonsle and Maharani Chitralekha Raje Bhonsle, who were Members of Parliament from Ramtek, belonged to Junior Bhonsle and heirs of Raje Laxmanrao.
daily flight
At a time when air turbine fuel (ATF) costs are rising, leading to higher fares and poorer load factor on most sectors, JetLite has brought some cheer to Dr Babasaheb Ambedkar International Airport. The private air carrier has plans to start operations on the Dubai route from Nagpur from October.
Jet Airways, which operates JetLite, and offers domestic flights on Mumbai and Delhi route is planning to launch the daily operations to Dubai from Dr Babasaheb Ambedkar International Airport during winter schedule this year.
Recently, Jet Airways had discontinued its evening flight to Mumbai while JetLite discontinued flights to Delhi.
At that time Jet had said it would introduce flights on the Nagpur-Pune sector six days in a week, except Saturdays, from August 1. The Dubai flights would start from October as the airline is busy planning timings and slots at airports.
Jet Airways, which operates JetLite, and offers domestic flights on Mumbai and Delhi route is planning to launch the daily operations to Dubai from Dr Babasaheb Ambedkar International Airport during winter schedule this year.
Recently, Jet Airways had discontinued its evening flight to Mumbai while JetLite discontinued flights to Delhi.
At that time Jet had said it would introduce flights on the Nagpur-Pune sector six days in a week, except Saturdays, from August 1. The Dubai flights would start from October as the airline is busy planning timings and slots at airports.
Inflation
Inflation is up and so is the number of crorepatis in Orange City. From just a handful about ten years ago, the figure has now grown to 438. The rise is not only phenomenal but startling too.
And if the statistics is anything to go by, the city has outpaced other metros in terms of rise in number of billionaires. It stands sixth in terms of crorepatis in the country. Interestingly, Nagpur is being considered as the second-fastest developing city after Chandigarh.
Though the figure may look paltry when compared to Delhi’s 5,085 or Mumbai’s 4,439 crorepatis, the rise in these metros has been not as meteoric as is the case with Nagpur.
Who has not heard of the famous Crorepati Galli in the Civil Lines area? It houses over a dozen crorepatis, including the Sharmas of Baidyanath and Pendharkars of Vicco group. Now crorepatis are sprouting in other areas of the city too.
The billionaire figure shows how the city has been changing fast and is an emerging business destination. More importantly, the city has the highest growth rate of millionaires in India. In 2002, there were 10, 417 households with an annual in-come of over Rs 10 lakh in Nagpur as against 1,199 in 1996. This translates into a 770% growth in merely six years.
In comparison, the number of millionaires has only doubled in New Delhi in the same period. According to the National Council of Applied Economic Research (NCAER), Mumbai (319%) and Delhi (274%) were the third and second slowest, respectively, in terms of growth of crorepatis among the ten major metros.
Pradip Ganguly, a city planner and divisional engineer of Nagpur Improvement Trust says, “The city is very peaceful, where extortion, kidnapping and threat from mafia are rare. It also enjoys a good location, infrastructure and quality life, better healthcare and good education, drawing several businessmen from Orissa and neighbouring Chhattisgarh and Madhya Pradesh to set up their businessess.”
‘Devpt changingcrorepati demographics’
Prosun Chakraborty tnn
NAGPUR: The setting up of the international airport, and the planned cargo hub and Boeing unit at Nagpur have changed the demographic of the city dramatically. Also, the city has grown two-fold in the last five years, says Pravin Ganguly, city planner and divisional engineer of Nagpur Improvement Trust.
This has led to tremendous hike in the real estate in the city and the neighbouring areas too. Besides its logistical importance, the city provides good quality life, better infrastructure, uninterrupted water supply, wide roads, better educational scope and good health care.
N Kumar of N Kumar Group, one of the crorepaties, agrees that the city is developing very fast. However, according to him, the crorepatis have been increasing because of rise in prices of properties in the city. “A property worth around Rs 10 lakh in Nagpur a few years ago is at least a crore of rupees now,” said Kumar.
One crorepati, who shifted from Raipur a few years ago, feels that Nagpur is the future city of central India.
“Facilities apart, the city has an advantage of providing skilled and technical personnel which industrialists and businessmen often do not get in other parts in neighbouring states,” he added. “Despite all these advantages, successive state governments have ignored the city.”
And if the statistics is anything to go by, the city has outpaced other metros in terms of rise in number of billionaires. It stands sixth in terms of crorepatis in the country. Interestingly, Nagpur is being considered as the second-fastest developing city after Chandigarh.
Though the figure may look paltry when compared to Delhi’s 5,085 or Mumbai’s 4,439 crorepatis, the rise in these metros has been not as meteoric as is the case with Nagpur.
Who has not heard of the famous Crorepati Galli in the Civil Lines area? It houses over a dozen crorepatis, including the Sharmas of Baidyanath and Pendharkars of Vicco group. Now crorepatis are sprouting in other areas of the city too.
The billionaire figure shows how the city has been changing fast and is an emerging business destination. More importantly, the city has the highest growth rate of millionaires in India. In 2002, there were 10, 417 households with an annual in-come of over Rs 10 lakh in Nagpur as against 1,199 in 1996. This translates into a 770% growth in merely six years.
In comparison, the number of millionaires has only doubled in New Delhi in the same period. According to the National Council of Applied Economic Research (NCAER), Mumbai (319%) and Delhi (274%) were the third and second slowest, respectively, in terms of growth of crorepatis among the ten major metros.
Pradip Ganguly, a city planner and divisional engineer of Nagpur Improvement Trust says, “The city is very peaceful, where extortion, kidnapping and threat from mafia are rare. It also enjoys a good location, infrastructure and quality life, better healthcare and good education, drawing several businessmen from Orissa and neighbouring Chhattisgarh and Madhya Pradesh to set up their businessess.”
‘Devpt changingcrorepati demographics’
Prosun Chakraborty tnn
NAGPUR: The setting up of the international airport, and the planned cargo hub and Boeing unit at Nagpur have changed the demographic of the city dramatically. Also, the city has grown two-fold in the last five years, says Pravin Ganguly, city planner and divisional engineer of Nagpur Improvement Trust.
This has led to tremendous hike in the real estate in the city and the neighbouring areas too. Besides its logistical importance, the city provides good quality life, better infrastructure, uninterrupted water supply, wide roads, better educational scope and good health care.
N Kumar of N Kumar Group, one of the crorepaties, agrees that the city is developing very fast. However, according to him, the crorepatis have been increasing because of rise in prices of properties in the city. “A property worth around Rs 10 lakh in Nagpur a few years ago is at least a crore of rupees now,” said Kumar.
One crorepati, who shifted from Raipur a few years ago, feels that Nagpur is the future city of central India.
“Facilities apart, the city has an advantage of providing skilled and technical personnel which industrialists and businessmen often do not get in other parts in neighbouring states,” he added. “Despite all these advantages, successive state governments have ignored the city.”
Nagpur Improvement Trust
Nagpur Improvement Trust (NIT) has submitted a Rs 1,400 crore city improvement plan (CIP) to the central government under Jawaharlal Nehru National Urban Renewal Mission (JNNURM).
NIT chairman Dr Sanjay Mukherjee said that the plan has been submitted through Nagpur Municipal Corporation (NMC) as NIT has not signed a tripartite agreement with the state and central governments which is mandatory for availing JNNURM funds. NMC had signed this agreement in 2005.
Mukherjee said that 40% of the city area within municipal limits, including the regularised unauthorised layouts, is under the jurisdiction of NIT. With growing population and ageing infrastructure the civic facilities need an upgradation.
Proposals under seven heads worth Rs 1,402.60 crore have been submitted under JNNURM. These seven heads are: water supply, sewerage, storm water drains, roads, street lighting, amenities (like parking, assembly halls and open spaces) and slum development under BSUP. The projects are spread over a period of four years from 2008 to 2011.
The share of NIT in these projects would be Rs 415.68 crore. The Central share would be Rs 643.56 crore while that of the state government would be Rs 279.66 crore. Parking lots and assembly halls would be developed through public-private partnership basis.
Mukherjee feels that NIT can afford to spend Rs 415 crore in four years for JNNURM works. He further said that in the first year, that is 2008, NIT plans to spend a total of Rs 322.90 crore for undertaking various projects under the programme.
The chairman said that tenders worth Rs 34 crore have been invited for integrated slum infrastructure development under BSUP. Work orders worth Rs 26.55 crore have been issued while those worth Rs 7 crore have been completed. Detailed project reports of the other projects are being prepared.
Commenting on the stalled Mayo modernisation project, Mukherjee said that NIT was awaiting the decision of the high-powered committee constituted by the state government.
Some issues remain to be resolved. NIT wants 6.25 acre of Medical Education and Drugs Department (MEDD) land at Ajni. But the latter is ready to give only 5 acres. Even the possession of these five acres has not been given to NIT.
NIT chairman Dr Sanjay Mukherjee said that the plan has been submitted through Nagpur Municipal Corporation (NMC) as NIT has not signed a tripartite agreement with the state and central governments which is mandatory for availing JNNURM funds. NMC had signed this agreement in 2005.
Mukherjee said that 40% of the city area within municipal limits, including the regularised unauthorised layouts, is under the jurisdiction of NIT. With growing population and ageing infrastructure the civic facilities need an upgradation.
Proposals under seven heads worth Rs 1,402.60 crore have been submitted under JNNURM. These seven heads are: water supply, sewerage, storm water drains, roads, street lighting, amenities (like parking, assembly halls and open spaces) and slum development under BSUP. The projects are spread over a period of four years from 2008 to 2011.
The share of NIT in these projects would be Rs 415.68 crore. The Central share would be Rs 643.56 crore while that of the state government would be Rs 279.66 crore. Parking lots and assembly halls would be developed through public-private partnership basis.
Mukherjee feels that NIT can afford to spend Rs 415 crore in four years for JNNURM works. He further said that in the first year, that is 2008, NIT plans to spend a total of Rs 322.90 crore for undertaking various projects under the programme.
The chairman said that tenders worth Rs 34 crore have been invited for integrated slum infrastructure development under BSUP. Work orders worth Rs 26.55 crore have been issued while those worth Rs 7 crore have been completed. Detailed project reports of the other projects are being prepared.
Commenting on the stalled Mayo modernisation project, Mukherjee said that NIT was awaiting the decision of the high-powered committee constituted by the state government.
Some issues remain to be resolved. NIT wants 6.25 acre of Medical Education and Drugs Department (MEDD) land at Ajni. But the latter is ready to give only 5 acres. Even the possession of these five acres has not been given to NIT.
Tuesday, April 8, 2008
Saturday, April 5, 2008
TENDER:-Consultancy services for planning, designing & commissioning for the proposed 2nd Runway & related infrastructure at Nagpur
Sub: Consultancy services for planning, designing & commissioning for the proposed 2nd Runway & related infrastructure at Nagpur – Pre-bid meeting held on 28/01/2008 at 2:30 p.m. at MADC Ltd., 12th floor, World Trade Centre - I, Cuffe Parade, Mumbai – 400 005
Clarifications to the queries with agreed deviations
During the meeting, various queries were raised by the participants, who had purchased the bid document and/or downloaded by some of them from the website of MADC. During the meeting, clarifications to the various queries raised and clarifications to them were offered by the Vice Chairman & Managing Director, MADC. The agreed deviations out of these clarifications are produced below for the information of the bidders, so that they can take these deviations into consideration and prepare their bid offer accordingly.
1. Scope of work:- The major query raised by most of the bidders was regarding the scope of work. Following clarifications were offered to them.
(a) The scope of consultancy services stipulated in the bid document includes the complete planning, designing and estimation, preparation of construction drawings, preparation of bid document, helping MADC in managing the bidding process, helping MADC in selection of the contractor by evaluating the various bids received till the award of work.
(b) The consultant so appointed, will have to visit the site atleast once in a month to satisfy various queries of the contractor and Project Management Consultant (PMC) from time to time as and when required regarding the drawings supplied by the consultants and any construction difficulty arose at that point of time. If any additional visit is required due to certain problem cropped up at the site other than the drawings (inadequate information or mismatching of certain dimensions, etc.) will be at the cost of MADC, which will be reimbursed separately, for which purpose, the bidders should clearly specify such cost per person depending upon the level of the person, which should include the travel expenses and stay at Nagpur only.
(c) The consultant so appointed, will not be required to work as a PMC during the construction phase. Therefore, they are not required to quote fees for PMC services.
(d) In reply to one query, it was clarified that the consultant so appointed shall not be debarred from participating in the bidding for PMC services for this job.
(e) Regarding the scope of services delineated in clause No. 4 of Terms of Reference (ToR) on Page No. 17 of bid document, the consultant will not be required to work on 3.9, ARFF and 3.10, Fuel Farm. Other provisions of scope of work shall remain unchanged. The consultant shall be required to plan the alignment of the fuel hydrant pipes and design proper crossings at the runways and taxiways.
(f) The consultant will not be required to plan and design any building whatsoever, except the one essential for operation of the runway.
(g) Connection between the taxiway and the parking apron will not be required to be planned or designed by the consultant. The consultant shall be required to plan and design such taxiway to the point of connection to parking apron.
(h) It was further clarified that the scope of consultancy services shall also include carrying out the requisite topographic survey, geotechnical investigation for planning and designing of the runways and taxiways and also to carry out obstruction limitation survey for identifying the objects coming in the flying zone of the runway and obstructing the flight path. The consultant shall be required to submit these survey details to the Directorate General of Civil Aviation (DGCA)/ Airports Authority of India (AAI) and obtain approval of such competent authority for construction of this runway and taxiway. However, all such applications and recommendation letters, as prepared by the consultants, shall be submitted under the seal and signature of MADC.
2. Payment schedule:-
(a) Most of the participants requested for deducting 5% payment as against the deduction of 15% stipulated in the bid document, clause No. 8 of ToR on Page No. 19 & 20 of bid document:– This is not agreed as the consultants are required to diligently respond to the request of the client to attend the site for satisfying various queries and solving various problems related to drawings and construction method.
(b) In the payment schedule, at Serial No. 8, there is a typographical mistake. The bidders are requested to read it as follows:– “Consultation with MADC help in selecting contractor”.
3. Clause No. 11(b) ‘Instruction to Bidders’ on page no. 10:- It has been specified that “It is very important and pertinent to note that the bidder is required to quote separately for Part A, B and C of the project, as indicated in the Terms of Reference under Section 2.0”. The consultants are requested to note that there are no different parts of the consultancy services and therefore, they are not required to quote separately for each part.
Bidders are requested to quote a lumpsum price for the complete consultancy services stipulated under the bid document taking into consideration the agreed deviations in this letter and submit the financial proposal in the format given under Appendix 2 on page No. 57 of the bid document.
4. Participants asked about the time limit for construction phase. It was clarified that the consultants will have to estimate the completion time most reasonably while preparing the programme of the work. There is no specific time limit for construction phase.
5. Part I – Instruction to Bidders, clause E of Marking System on Page 12 of the bid document:– Participants asked about the concept design. The concept design should be only conceptual, giving the general idea of the system and innovative ideas, if any.
Clause E(vi) - Artistic design:- It clearly means that if the consultant has any innovative idea in planning and designing the runway, taxiway or any other services from its aesthetic point of view.
6. Access to the Master Plan and TEFS Report:- It was clarified that the consultant on their request will be allowed to see the Master Plan and TEFS Report prepared by M/s. L&T Ramboll. However, it will not entitle the consultants to claim regarding any modification, change in the design or accuracy from dimensional and other point of view of the Master Plan. The consultants are required to make their own layout and plan fitting into the provisions of the Master Plan. It was clarified that the Master Plan and the TEFS report will not be given to the consultants before bidding. After the consultant is selected, the complete document as and when required, shall be given to them for their reference to enable them to plan in accordance with the Master Plan.
7. Clause No. 3.2.4 of Contract Conditions, Section 3 on Page No. 30 of the bid document – Prohibition of conflicting activities:- It was clarified that the consultant selected for this assignment shall not be allowed to accept any consultancy with the contractors appointed by MADC or any airport within the region covering almost the area covered under the radius of about 500 Km. from MIHAN project.
8. Clause No. 2.7 of General Conditions of Contract on page No. 27 of the bid document:- Spelling of ‘Force Majeure’ be corrected wherever the word appears.
9. Total manpower deployment schedule for supervision during the project on page No. 51 should be treated as deleted.
10. Page 55 – Heading on the top, i.e. Quality control during the supervision of work by consultant as PMC should be treated as deleted. Other contents of this page shall remain unchanged.
11. Page 55 – Work Experience (Projects during last five years):- Consultant will have to give the details of the project related to the development of airport handled by them during the last 5 years. It was clarified that both, the letter of award of assignment and the completion certificate, must also be attached for each work mentioned in the given table.
12. Turnover during the last 3 years – Financial year ending 2005 to 2007 on page 55 of the bid document:- It was clarified that the bidders shall have to give the turnover related to airport works during the last 3 years. As far as total turnover of their company is concerned, they may give the Balance-sheet certified by the Chartered Accountant.
13. Composition of the proposed technical and support staff team on Page No. 50 of bid document :- In reply to the query, it was agreed that the bidders may not give the details of support staff like clerks, typists, computer operators, etc. under table 2 on page 50. However, details of the technical staff required to work on the assignment should be given in table 1 on page 50 of the bid document.
14. A query was raised regarding evaluation of the joint ventures. It was mentioned that the evaluation of each joint venture partner shall be done by MADC and on the basis of evaluation of all these partners, according to the area of participation of partners and sub-consultants as provided in the questionnaire about the information regarding the consultants/consortium members and sub-consultants given on page 44 and the cumulative marking will be given to the joint venture as a whole. It was further clarified that the MoU on suitable stamp papers of such joint venture partners and sub-consultants must be submitted along with the offer document.
15. Query regarding presentation to be made as per clause ‘E’ of marking system on page 12:– It was clarified that the concerned expert persons mentioned in the list of key personnel should be available during the presentation, so that the client is sure that they will be working on this project and also help in satisfying various queries raised by MADC during presentation.
16. Project team – Clause No. 9 of ToR on Page No. 21:- It was asked whether Instrumentation Engineer, Electrical Engineer and Mechanical Engineer are required to be appointed separately and if not shown in the offer, whether marks will be deducted for the same. It was informed by the client that all the 3 separate Engineers are not required for such job. It was clarified that the bidders should clearly mention that only one such person having the knowledge of instrumentation, electrical and mechanical works is adequate and the name of the same person should appear at 3 different places against each discipline.
17. Clause No. 18 of ToR on Page 22:- A query was raised regarding the duration for which the Engineer and Stenographer should be provided by the consultant to the client.
It is clarified that consultant shall be required to provide such staff and facilities to MADC till the completion of their consultancy services, i.e. till the work is awarded successfully.
18. To a query, it was clarified that the category of the runway and taxiway presently considered are Code 4F. However, as far as category IIIA or B or C needs to be decided taking into consideration ICAO norms for the world-class airport to enable any type of aircrafts to land and take-off as available in the world and with the best landing techniques.
19. To a query, it was clarified that the consultants have to plan and design for the various equipments and systems like approach lighting, runway lighting and any equipments required to make the runway operational by following the best norms provided by ICAO/DGCA.
20. Maintenance manual:- It was clarified that the consultant will have to prepare maintenance manual of all the civil work, systems and equipments and will be required to give the list of suppliers along with specifications of the equipments and systems that are required to be installed. They will have to include all such equipments and systems in the maintenance manual. In case, any equipment other than the specified one is required to be procured by the contractor, the details of the same will be given to the consultant separately.
21. Participants asked whether Nagpur airport will be used by military. Yes, it was clarified that Indian Air Force has an establishment there and will be using Nagpur airport, mainly the runway proposed to be constructed under this assignment.
22. It was further clarified that the entries from the taxiway to the various plots shall not be planned and designed by the consultant. Only the schematic geometrical drawing shall be given by the consultant for all such entries, which should be useful for the available aircrafts in the world.
23. Bidders asked as to how much time the Proof Consultant will take for approving the drawings and designs prepared by them. It was clarified that they will take maximum 15 days from the date of submission by the consultant, provided that the plans and designs are prepared in accordance with the norms and all the details are given to the Proof Consultant.
At the end of the meeting, all the participants requested that they need some more time for preparation of their offer and therefore, the date of submission be extended suitably. It was agreed that the date of submission of the completed bids is extended upto and including 29/02/2008. The time and place of submission will remain unchanged. Any bids received after this date and time shall not be considered.
The bidders are requested to take these clarifications into consideration while preparing their offer. These clarifications issued by MADC shall form part of the completed offer to be submitted by the bidders. All other provisions of the bid document shall remain unchanged. The bidders are requested to sign these clarifications and submit it along with the sealed offer in Envelope A.
(R.P. Yaul)
(General Manager)
Clarifications to the queries with agreed deviations
During the meeting, various queries were raised by the participants, who had purchased the bid document and/or downloaded by some of them from the website of MADC. During the meeting, clarifications to the various queries raised and clarifications to them were offered by the Vice Chairman & Managing Director, MADC. The agreed deviations out of these clarifications are produced below for the information of the bidders, so that they can take these deviations into consideration and prepare their bid offer accordingly.
1. Scope of work:- The major query raised by most of the bidders was regarding the scope of work. Following clarifications were offered to them.
(a) The scope of consultancy services stipulated in the bid document includes the complete planning, designing and estimation, preparation of construction drawings, preparation of bid document, helping MADC in managing the bidding process, helping MADC in selection of the contractor by evaluating the various bids received till the award of work.
(b) The consultant so appointed, will have to visit the site atleast once in a month to satisfy various queries of the contractor and Project Management Consultant (PMC) from time to time as and when required regarding the drawings supplied by the consultants and any construction difficulty arose at that point of time. If any additional visit is required due to certain problem cropped up at the site other than the drawings (inadequate information or mismatching of certain dimensions, etc.) will be at the cost of MADC, which will be reimbursed separately, for which purpose, the bidders should clearly specify such cost per person depending upon the level of the person, which should include the travel expenses and stay at Nagpur only.
(c) The consultant so appointed, will not be required to work as a PMC during the construction phase. Therefore, they are not required to quote fees for PMC services.
(d) In reply to one query, it was clarified that the consultant so appointed shall not be debarred from participating in the bidding for PMC services for this job.
(e) Regarding the scope of services delineated in clause No. 4 of Terms of Reference (ToR) on Page No. 17 of bid document, the consultant will not be required to work on 3.9, ARFF and 3.10, Fuel Farm. Other provisions of scope of work shall remain unchanged. The consultant shall be required to plan the alignment of the fuel hydrant pipes and design proper crossings at the runways and taxiways.
(f) The consultant will not be required to plan and design any building whatsoever, except the one essential for operation of the runway.
(g) Connection between the taxiway and the parking apron will not be required to be planned or designed by the consultant. The consultant shall be required to plan and design such taxiway to the point of connection to parking apron.
(h) It was further clarified that the scope of consultancy services shall also include carrying out the requisite topographic survey, geotechnical investigation for planning and designing of the runways and taxiways and also to carry out obstruction limitation survey for identifying the objects coming in the flying zone of the runway and obstructing the flight path. The consultant shall be required to submit these survey details to the Directorate General of Civil Aviation (DGCA)/ Airports Authority of India (AAI) and obtain approval of such competent authority for construction of this runway and taxiway. However, all such applications and recommendation letters, as prepared by the consultants, shall be submitted under the seal and signature of MADC.
2. Payment schedule:-
(a) Most of the participants requested for deducting 5% payment as against the deduction of 15% stipulated in the bid document, clause No. 8 of ToR on Page No. 19 & 20 of bid document:– This is not agreed as the consultants are required to diligently respond to the request of the client to attend the site for satisfying various queries and solving various problems related to drawings and construction method.
(b) In the payment schedule, at Serial No. 8, there is a typographical mistake. The bidders are requested to read it as follows:– “Consultation with MADC help in selecting contractor”.
3. Clause No. 11(b) ‘Instruction to Bidders’ on page no. 10:- It has been specified that “It is very important and pertinent to note that the bidder is required to quote separately for Part A, B and C of the project, as indicated in the Terms of Reference under Section 2.0”. The consultants are requested to note that there are no different parts of the consultancy services and therefore, they are not required to quote separately for each part.
Bidders are requested to quote a lumpsum price for the complete consultancy services stipulated under the bid document taking into consideration the agreed deviations in this letter and submit the financial proposal in the format given under Appendix 2 on page No. 57 of the bid document.
4. Participants asked about the time limit for construction phase. It was clarified that the consultants will have to estimate the completion time most reasonably while preparing the programme of the work. There is no specific time limit for construction phase.
5. Part I – Instruction to Bidders, clause E of Marking System on Page 12 of the bid document:– Participants asked about the concept design. The concept design should be only conceptual, giving the general idea of the system and innovative ideas, if any.
Clause E(vi) - Artistic design:- It clearly means that if the consultant has any innovative idea in planning and designing the runway, taxiway or any other services from its aesthetic point of view.
6. Access to the Master Plan and TEFS Report:- It was clarified that the consultant on their request will be allowed to see the Master Plan and TEFS Report prepared by M/s. L&T Ramboll. However, it will not entitle the consultants to claim regarding any modification, change in the design or accuracy from dimensional and other point of view of the Master Plan. The consultants are required to make their own layout and plan fitting into the provisions of the Master Plan. It was clarified that the Master Plan and the TEFS report will not be given to the consultants before bidding. After the consultant is selected, the complete document as and when required, shall be given to them for their reference to enable them to plan in accordance with the Master Plan.
7. Clause No. 3.2.4 of Contract Conditions, Section 3 on Page No. 30 of the bid document – Prohibition of conflicting activities:- It was clarified that the consultant selected for this assignment shall not be allowed to accept any consultancy with the contractors appointed by MADC or any airport within the region covering almost the area covered under the radius of about 500 Km. from MIHAN project.
8. Clause No. 2.7 of General Conditions of Contract on page No. 27 of the bid document:- Spelling of ‘Force Majeure’ be corrected wherever the word appears.
9. Total manpower deployment schedule for supervision during the project on page No. 51 should be treated as deleted.
10. Page 55 – Heading on the top, i.e. Quality control during the supervision of work by consultant as PMC should be treated as deleted. Other contents of this page shall remain unchanged.
11. Page 55 – Work Experience (Projects during last five years):- Consultant will have to give the details of the project related to the development of airport handled by them during the last 5 years. It was clarified that both, the letter of award of assignment and the completion certificate, must also be attached for each work mentioned in the given table.
12. Turnover during the last 3 years – Financial year ending 2005 to 2007 on page 55 of the bid document:- It was clarified that the bidders shall have to give the turnover related to airport works during the last 3 years. As far as total turnover of their company is concerned, they may give the Balance-sheet certified by the Chartered Accountant.
13. Composition of the proposed technical and support staff team on Page No. 50 of bid document :- In reply to the query, it was agreed that the bidders may not give the details of support staff like clerks, typists, computer operators, etc. under table 2 on page 50. However, details of the technical staff required to work on the assignment should be given in table 1 on page 50 of the bid document.
14. A query was raised regarding evaluation of the joint ventures. It was mentioned that the evaluation of each joint venture partner shall be done by MADC and on the basis of evaluation of all these partners, according to the area of participation of partners and sub-consultants as provided in the questionnaire about the information regarding the consultants/consortium members and sub-consultants given on page 44 and the cumulative marking will be given to the joint venture as a whole. It was further clarified that the MoU on suitable stamp papers of such joint venture partners and sub-consultants must be submitted along with the offer document.
15. Query regarding presentation to be made as per clause ‘E’ of marking system on page 12:– It was clarified that the concerned expert persons mentioned in the list of key personnel should be available during the presentation, so that the client is sure that they will be working on this project and also help in satisfying various queries raised by MADC during presentation.
16. Project team – Clause No. 9 of ToR on Page No. 21:- It was asked whether Instrumentation Engineer, Electrical Engineer and Mechanical Engineer are required to be appointed separately and if not shown in the offer, whether marks will be deducted for the same. It was informed by the client that all the 3 separate Engineers are not required for such job. It was clarified that the bidders should clearly mention that only one such person having the knowledge of instrumentation, electrical and mechanical works is adequate and the name of the same person should appear at 3 different places against each discipline.
17. Clause No. 18 of ToR on Page 22:- A query was raised regarding the duration for which the Engineer and Stenographer should be provided by the consultant to the client.
It is clarified that consultant shall be required to provide such staff and facilities to MADC till the completion of their consultancy services, i.e. till the work is awarded successfully.
18. To a query, it was clarified that the category of the runway and taxiway presently considered are Code 4F. However, as far as category IIIA or B or C needs to be decided taking into consideration ICAO norms for the world-class airport to enable any type of aircrafts to land and take-off as available in the world and with the best landing techniques.
19. To a query, it was clarified that the consultants have to plan and design for the various equipments and systems like approach lighting, runway lighting and any equipments required to make the runway operational by following the best norms provided by ICAO/DGCA.
20. Maintenance manual:- It was clarified that the consultant will have to prepare maintenance manual of all the civil work, systems and equipments and will be required to give the list of suppliers along with specifications of the equipments and systems that are required to be installed. They will have to include all such equipments and systems in the maintenance manual. In case, any equipment other than the specified one is required to be procured by the contractor, the details of the same will be given to the consultant separately.
21. Participants asked whether Nagpur airport will be used by military. Yes, it was clarified that Indian Air Force has an establishment there and will be using Nagpur airport, mainly the runway proposed to be constructed under this assignment.
22. It was further clarified that the entries from the taxiway to the various plots shall not be planned and designed by the consultant. Only the schematic geometrical drawing shall be given by the consultant for all such entries, which should be useful for the available aircrafts in the world.
23. Bidders asked as to how much time the Proof Consultant will take for approving the drawings and designs prepared by them. It was clarified that they will take maximum 15 days from the date of submission by the consultant, provided that the plans and designs are prepared in accordance with the norms and all the details are given to the Proof Consultant.
At the end of the meeting, all the participants requested that they need some more time for preparation of their offer and therefore, the date of submission be extended suitably. It was agreed that the date of submission of the completed bids is extended upto and including 29/02/2008. The time and place of submission will remain unchanged. Any bids received after this date and time shall not be considered.
The bidders are requested to take these clarifications into consideration while preparing their offer. These clarifications issued by MADC shall form part of the completed offer to be submitted by the bidders. All other provisions of the bid document shall remain unchanged. The bidders are requested to sign these clarifications and submit it along with the sealed offer in Envelope A.
(R.P. Yaul)
(General Manager)
TENDER:-Design of LOGO for Nagpur Mass Transport Company Pvt. Ltd., Nagpur
Sub: Design of LOGO for Nagpur Mass Transport Company Pvt. Ltd., Nagpur.
The Maharashtra Airport Development Co. Ltd. (MADC) is developing Multi-model International Hub Project (MIHAN) at Nagpur. This Project includes the following:
1. International/National Cargo/passenger Complex at Nagpur Airport
2. SEZ at Nagpur
3. Road Terminal for domestic cargo at Nagpur
4. Rail Terminal for domestic Cargo at Nagpur
MADC have now decided to set up Mass Rapid Transport System at Nagpur. This will be done through Special Purpose Vehicle (SPV) to be floated specially for this purpose with MADC as Lead Partner and Maharashtra Industrial Development Corporation Ltd. (MIDC), Nagpur Municipal Corporation (NMC) and Nagpur Improvement; Trust (NIT), as Equity Partners and some equity of Private Investors, preferably from Nagpur. The process of registering the SPV is at advanced stage and the name of the new Company has been approved by the Registrar of Companies as follows:
“NAGPUR MASS ATRANSPORT CO. PVT. LTD.”
We are in the process of preparing detailed feasibility report after following due procedure. In the meanwhile, we are interested in developing a LOGO and suitable stationery for the above purpose.
We thought that we would involve the students, ex-students of Art/Architectural colleges in Nagpur and all other residents of Nagpur in this process. We would therefore invite proposal from them before 31.3.08 for the following:
1. Logo for the company
2. Design of stationery and envelope for Company
3. Design of Stationery and envelope for Vice Chairman-cum-Managing Director.
Guidelines for this purpose are as follow. : All are requested to send their proposals at the following address:
Mr. Manoj Dandare, E.E., Mobile: No.9833627498
Maharashtara Airport Development Co. Ltd,
Bungalow No.41/2, Anand Nagar, Ramgiri Road,
Van Bhavan, Civil Lines, Nagpur-440 001
Tel. No.0712-2527971/72, Fax: 0712 2552387
The Maharashtra Airport Development Co. Ltd. (MADC) is developing Multi-model International Hub Project (MIHAN) at Nagpur. This Project includes the following:
1. International/National Cargo/passenger Complex at Nagpur Airport
2. SEZ at Nagpur
3. Road Terminal for domestic cargo at Nagpur
4. Rail Terminal for domestic Cargo at Nagpur
MADC have now decided to set up Mass Rapid Transport System at Nagpur. This will be done through Special Purpose Vehicle (SPV) to be floated specially for this purpose with MADC as Lead Partner and Maharashtra Industrial Development Corporation Ltd. (MIDC), Nagpur Municipal Corporation (NMC) and Nagpur Improvement; Trust (NIT), as Equity Partners and some equity of Private Investors, preferably from Nagpur. The process of registering the SPV is at advanced stage and the name of the new Company has been approved by the Registrar of Companies as follows:
“NAGPUR MASS ATRANSPORT CO. PVT. LTD.”
We are in the process of preparing detailed feasibility report after following due procedure. In the meanwhile, we are interested in developing a LOGO and suitable stationery for the above purpose.
We thought that we would involve the students, ex-students of Art/Architectural colleges in Nagpur and all other residents of Nagpur in this process. We would therefore invite proposal from them before 31.3.08 for the following:
1. Logo for the company
2. Design of stationery and envelope for Company
3. Design of Stationery and envelope for Vice Chairman-cum-Managing Director.
Guidelines for this purpose are as follow. : All are requested to send their proposals at the following address:
Mr. Manoj Dandare, E.E., Mobile: No.9833627498
Maharashtara Airport Development Co. Ltd,
Bungalow No.41/2, Anand Nagar, Ramgiri Road,
Van Bhavan, Civil Lines, Nagpur-440 001
Tel. No.0712-2527971/72, Fax: 0712 2552387
MADC
Maharashtra Airport Development Company Limited (MADC), constituted in the year 2002 by the Government of Maharashtra (GoM) as a Special Purpose Company. MADC was jointly formed with equity participation from City and Industrial Development Corporation Ltd. (CIDCO), Nagpur Improvement Trust (NIT), Maharashtra Industrial Development Corporation (MIDC), Maharashtra State Road Development Corporation Ltd. (MSRDC) and later Nagpur Municipal Corporation to join in equity.
MADC has been formed to play a lead role in the planning and implementation of the Multi-modal International Hub Airport at Nagpur (MIHAN) project, keeping in mind the key objectives. The Government of Maharashtra has taken the initiative of setting up a world class Multi-modal International Hub Airport at Nagpur. MADC would also take up development of other Airports in Maharashtra not belonging to the Airports Authority of India (AAI) and Indian Air Force (IAF) which will provide air connectivity between various important district Head Quarters and the Capital of the State
Integrated with the development of MIHAN, the master plan of the project consist of a Special Economic Zone comprising of an Information Technology City, Health City, a Captive Power Plant and other Manufacturing and Value Added units.
The project will be supported with world-class infrastructure to make it an ideal place for international operations.
MADC's Capital Standing:
• AUTHORISED CAPITAL : Rs. 400 Million (US $ 9 Million)
• SUBSCRIBED CAPITAL : Rs. 150.5 Million (US $ 3.4 Million)
• FUNDS PROVIDED BY
GOVT. OF MAHARASHTRA : Rs.1000 Million
Banks which have Sanctioned Term Loan for the MIHAN Project :
• Vijaya Bank (Lead Bank) : Rs. 1000 Million
• Punjab National Bank : Rs. 700 Million
• Bank of Maharashtra : Rs. 400 Million
• Bank of India : Rs. 450 Million
• Oriental Bank of Commerce : Rs. 450 Million
TOTAL : Rs. 3000 Million
Maharashtra Airport Development Co. Ltd. has a capital of Rs. 4000 Million
MADC has been formed to play a lead role in the planning and implementation of the Multi-modal International Hub Airport at Nagpur (MIHAN) project, keeping in mind the key objectives. The Government of Maharashtra has taken the initiative of setting up a world class Multi-modal International Hub Airport at Nagpur. MADC would also take up development of other Airports in Maharashtra not belonging to the Airports Authority of India (AAI) and Indian Air Force (IAF) which will provide air connectivity between various important district Head Quarters and the Capital of the State
Integrated with the development of MIHAN, the master plan of the project consist of a Special Economic Zone comprising of an Information Technology City, Health City, a Captive Power Plant and other Manufacturing and Value Added units.
The project will be supported with world-class infrastructure to make it an ideal place for international operations.
MADC's Capital Standing:
• AUTHORISED CAPITAL : Rs. 400 Million (US $ 9 Million)
• SUBSCRIBED CAPITAL : Rs. 150.5 Million (US $ 3.4 Million)
• FUNDS PROVIDED BY
GOVT. OF MAHARASHTRA : Rs.1000 Million
Banks which have Sanctioned Term Loan for the MIHAN Project :
• Vijaya Bank (Lead Bank) : Rs. 1000 Million
• Punjab National Bank : Rs. 700 Million
• Bank of Maharashtra : Rs. 400 Million
• Bank of India : Rs. 450 Million
• Oriental Bank of Commerce : Rs. 450 Million
TOTAL : Rs. 3000 Million
Maharashtra Airport Development Co. Ltd. has a capital of Rs. 4000 Million
intarnational hub airport MIHAN
To meet the increase in demand of air traffic in India and provide the required world-class infrastructure for the aviation sector the Govt. of Maharashtra along with the Ministry of Civil Aviation, Govt. of India has taken the step of developing the existing airport at Nagpur to international Standards.
Nagpur Airport has strategic location on the International Aviation Route
Nagpur Airport has a strategic location on the International Aviation Route
An existing Airport in the geographical center of India is spread over an area of about 400 Hectares
To be developed as an International Hub Airport for Passenger and Cargo to be extended over an area of 1278 Hectares
The Techno-Economic Feasibility Study (TEFS) of the Airport was conducted by a group of International Consultants lead by M/s. L&T Ramboll Consulting Engineers Ltd.
Existing Runway of 3200 x 45 meters is to be extended to 4000 x 60 meters to meet International Aviation Standards.
Provision for Additional parallel Runway of 4000 x 60 meters in future.
Airport Terminal Building; a semi-circular terminal building of 3 Million Sq. Ft. is to be developed in phases.
Ultimate Space for parking 50 Aircrafts in the terminal and 50 Aircrafts remote.
Provision for Aircraft Engineering and Maintenance facilities (MRO on about 100 Hectares).
An Exclusive Cargo Complex
The Most conductive Weather Dynamics for an Airport.
Projected Passenger Traffic of 14 Million and Cargo Traffic of 0.87Million Tones per year.
Project details
The project consists of widening and extending the present runway to international standards (4000 x 60 m) with a provision for a similar runway in the future.
The airport will have parking space for 50 aircraft at any time with 50 additional bays at fringe areas. The estimated cost of the project is 2500 crores covering a total area of 40.25 km² on the southern end of the city.
The Maharashtra State Government formed a special purpose entity in the name of Maharashtra Airport Development Company (MADC) for development of MIHAN and Singapore Changi Airport have been selected as the consultants for the project.
The airport will have parking space for 50 aircraft at any time with 50 additional bays at fringe areas. The estimated cost of the project is 2500 crores covering a total area of 40.25 km² on the southern end of the city.
The Maharashtra State Government formed a special purpose entity in the name of Maharashtra Airport Development Company (MADC) for development of MIHAN and Singapore Changi Airport have been selected as the consultants for the project.
Multi-modal International Cargo Hub and Airport at Nagpur
Multi-modal International Cargo Hub and Airport at Nagpur or MIHAN is an airport project for Dr. Babasaheb Ambedkar International Airport, Nagpur. The project aims to exploit the central location of Nagpur and convert the present airport into a major freight hub with integrated road and rail connectivity along with a Special Economic Zone.
Subscribe to:
Comments (Atom)
