Nagpur Housing Area Development Board, Nagpur purchased 7.75 Hector land for rupees amounting to Rs. 24.13 Crore from Maharashtra State Textile Corporation . Possession of the said land was taken on 30/09/2003. The land is situated in the heart of Nagpur City and having all amentities available hence the scheme of HIG and MIG flats in multistoried building and commercial complex was proposed. For the said scheme Administrative Approval was accorded by Authority vide letter No.MH/CE-II/NB/375/631/2005, dated 02/05/2005 for Rs. 58.65 Crore. Looking to the importance of the location of the land and use of new technique the work of planning was allotted to private Architect Sankalp Creation as approved by the Authority. As per the new planning construction of 320 flats under HIG on plot No. 5 and plot No. 6 is proposed in Stage -1. For this revised administrative approval was received from Authority on 14/12/2009 for Rs. 133.83 Crore. The land is reserved for commercial complex as per the D.P. plan of Nagpur City. Hence while preparing a layout commercial complex and HIG flats scheme was considered and same was approved by NMC on 17/05/2005. Details as under : 1. Area of land - 77525 sq.m 2. Plottable area - 42117 sq.m 3.Plottable area (Residential) -18036 sq.m (222549.00 sq.n./BUA) 4 Plottable area (commercial complex) - 24078 sq.m (30097.00 sq.n./BUA) Planning of Residential plattable area is made in two multistoried building (G + 10). Details as under : Type No. BUA Cost (Rs. In Lakhs) 2 BHK flats 93 74 to 80 sq.m. Rs. 25.80 to 31.00 2 BHK flats with terrace 7 82 to 173 sq.m. Rs. 29.85 to 43.60 3 BHK flats 202 103 to 118 sq.m Rs. 40.00 to 45.90 3 BHK 18 121 to 255 sq.m. Rs. 44.00 to 64.46 Total 320
As per approval of the local planning Authority, the work for
remaining 180 flats will be proposed in the said residential area in 2 nd phase. As such, construction for 500 flats is expected in the residential area. As per authorities Resolution No. 6180 in the 124 th meeting , it was decided to invite tenders for the sale of consolidated plot under commercial purpose (29867 sq.m floor space index ). As per resolution, it was decided to assess demand for residential and commercial complex & permission was attained to construct one building in each category after assessing required demand. As per resolution, an advertisement was published in news papers for sale of consolidated plot. But due to economic recession at that time, there was no demand. New, considering the changes made in D.P rules of Nagpur Municipal Corporation & considering new F.S.I. to the extent of 2-5, proposal to implement residential schemes on all the plots and develop plots under utility purpose through BOT was submitted to Authority. Accordingly, a permission to the proposal was granted in Authorities 239 th meeting on 17/10/2012 and it is proposed to utilize the remaining plot accordingly.
Sr. Plot No. Area Proposed use Remark
No. (Sq.m.) 1. 1 14332.56 Residential + On plot No. 1, 500 flats are commercial or proposed only residential 2. 2 6480.00 Residential use Administrative Approval for 224 flats are received 3. 3 and 4 3= 1643.87 Residential use On plot No. 3 and 4 total 4= 1639.94 120 flats are proposed for this scheme Administrative Approval is received 4. 5 9844.63 Residential use Constructions of 160 flats are in proposal or additional 80 flats technical sanction estimate submitted to authority for approval. 5. 6 9891.36 Residential use Constructions of 160 flats are in proposal or additional 100 flats technical sanction estimate submitted to authority for approval. 6. Amenity a) 4348 Common use + Proposed for hall, marriage plot b) 303.74 MSEDCL Sub hall, post office, Bank, station Library.etc. on BOT basis
7. Open a) 871.879 - Proposed for Club House,
space b) 7022.12 Exercise Centre, Swimming c) 3739.63 pool, Relaxation Centre on BOT basis
As per said revised Administrative approval, technical sanction to the
estimate for construction of 320 flats in 1 st phase amounting to Rs. 58.84 Crores is granted by Chief Engineer vide letter No. CE-1/EE-2/NB/655/2010 dated 21/4/2010. Also, Administrative approval, amounting to Rs. 169.41 Crores for the construction of 500 flats (320 flats in 1 st phase & 180 flats in 2 nd phase) is granted by the Authority. As per assessment for pre-qualification of contractors for the construction of 320 flats in 1st phase, 6 contractors were qualified for the work. Out of these 6 qualified tenderers, I.V.R.C.L. limited has quoted the lowest rate i.e.3.33 to above the estimated rates after inviting tenders. The lowest tender of M/s I.V.R.C.L. limited i.e. 3.33% above was accepted by authority. The cost of accepted tender is Rs. 56, 08, 03,451 /- . The work is in progress. The expenditure till date is Rs. 12.26 Crores.