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Thursday, March 27, 2014

NIT Nagpur New Flat Residential Scheme at Wardha Road

NIT Nagpur New Flat Residential Scheme at Wardha Road & Jaitala Road

NIT Nagpur New Flat Residential Scheme at Wardha Road


NAGPUR Improvement Trust (NIT) has launched a residential scheme in Metropolitan Regional Area at Sumthana-Kotewada-Sondapar-Jamiha- Parsodi at 11 Sqkm area on Wardha road. Around 400 land holders will be benefited from the scheme. The NIT has decided to create all basic infrastructure at the cost of Rs 600 crore. The scheme will be based on land pulling scheme on Gujarat pattern.
After successful launch of Parsodi-Jamtha-Kotewada and Khasarainari Development scheme, the NIT has announced this major residential scheme. Metropolitan Department has invited suggestions and objections from the land holders before May 27. After completing process of suggestions and objections, die scheme will be forwarded to State Government for approval.
Superintending Engineer informed that the NIT has issued notices under section 41 for development of the scheme under Section 58 and 59. The NIT will develop roads, sewage treatment plant, water network, garbage disposal plant and other basic amenities. The Trust will develop open spaces, public utility spaces, residential and commercial spaces. 

The Trust has calculated land rale as per ready reckoner rates of the area.
Till now. the NIT has sanctioned four residential schemes- Khadaka-Kirmiti-Panjari-Shiv Madka-SuinihanaandVaroda-Panjari-Rui-GavasiManapur. Parsodi- Jamatha-Koiewada and Khasaramari Development scheme. The NIT will develop these developmental schemes under land pulling policy.
Tltc proposed development schemes are once again going to boost the reality market on Wardha Road and will also ensure regularised and planned development on village land that are becoming part of Nagpur metro. The NIT wants to fulfil cherished dream of thousands of Nagpurians to own a low-cost housing unit in a developed ambience.
NIT is planning to develop this scheme under land pulling pattern. Under this pattern, the Trust will acquire 40 per cent land of the developer and will give 60 per cent land to them for development. If the developer has non-agriculture land then the NIT will acquire only 25 per cent land.

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