Two new residential projects receive approval from IDA

The board of the Indore Development Authority (IDA) approved its two ambitious plans, Town Planning Schemes 9 and 10, and modified the use of a sizable tract of land to make way for the projected 10,000-seat convention centre on Super Corridor. Five agendas were discussed during the board meeting, which was presided over by Chairman Jaypal Singh Chawda and included Indore Collector Ilayaraja T, Indore Municipal Corporation Commissioner Pratibha Pal, and the authority CEO RP Ahirwar.

"IDA has received a total of 599 claims and objections for TPS 9 and TPS 10. They are now finished. The board thus approved the creation of both plans. The state administration has been informed of the ideas for final approval,” said Chawda. As decided, TPS 9 will continue to include New Tilak Nagar, but IDA will not have ownership of the colony's property. Property owners will be assessed development fees, he added, adding that the assessment's valuation has not yet been completed. It is anticipated to cost between Rs 200 and Rs 300 per square foot.

TPS 9 was proposed by IDA for 263 hectares of land in the Bicholi Hapsi, Kanadia and Tigariya Badshah areas and 490 claims and objections were filed against the scheme. About 100 or they had New Tilak Nagar-related claims and concerns. TPS 10 is being considered for 221 hectares of land in the villages of Limbodagari, Palakhedi, Tigariya Badshah and Bada Bangadada. 109 claims And all in all, objections were made to it.

The board approved the appointment of a consultant for the 20-acre Startup Park during the meeting. "The Startup Park's foundation stone will probably be poured within the next three months. The board has agreed to convert a block of land at Kkasra numbers 322, 324, in Nainod from residential to commercial usage in order to build a convention centre,” said the board chairman. "The plan has been submitted to the state government for its approval,” he continued.

According to Chawda, the first phase of a swimming pool currently being built is in Schedule 94 (sector F) has been completed and the board has agreed to the expenditure rs 29.5 lakh, so that the facility can get approval from the International Swimming Federation to organize sport at international level Events.