Indore: Madhya Pradesh Industrial Development Corporation (MPIDC) has acquired around 8.5 hectare so far for the proposed 20 km Indore-Pithampur economic corridor. The boundary pole installation work has started at villages Kodiabardi and Nainod.
Out of the 1,331 hectare involved in the project, most of the land belongs to private owners, for which MPIDC implemented a land pooling scheme. Owners will receive 60 per cent developed plots in exchange for their land. The total development cost of the project is Rs 2,410 crore.
“The demarcation work began at two villages. Additionally, efforts to reach agreements with landowners are progressing rapidly as the project is targeted to be completed in three years. The survey and boundary pole installation started from the villages of Kodiabardi and Nainod, near Indore. Allocation letters will be issued on a first-come, first-served basis,” said MPIDC, Indore, executive director Rajesh Rathod.
On Saturday, the team of MPIDC visited these villages and held a discussion with landowners who expressed their consent to provide the land. “The land included in the scheme has already been determined, and landowners have been informed about the extent of their land being used. However, the physical demarcation will give them a clearer picture, which is expected to expedite the agreement process. This task will take approximately two weeks,” said Rathod.
The 20-kilometre project, extending from Nainod in Indore to Sonway, Tihi, and Dhannad Dryport, will enhance the area’s connectivity and have a high-rise model, promoting commercial and economic activities in this corridor. The corridor will be developed with a 19.6-kilometre long and 75-metre wide road, with a 300-metre buffer zone on each side. The project involves 1,331 hectare across 17 villages, including Kodiabardi, Nainod, Rinjalay, Bisanavda, Navda Panth, Shriram Talawali, Sindoda, Sindodi, Shivkheda, Narlay, Mokalay, Dehri, Sonvay, Bhainsalay, Bagoda, Tihi, and Dhannad.