Pending for 7 yrs, NMC now plans to develop Rs94cr Budhwar Bazar on its own

Nagpur | Tuesday | 12th February, 2019

Summary:

Existing leaseholders of NMC shops will be given commercial space of 2,300 sq.mt in the project. Earlier, Lets Build Associates was project management consultant.During last decade, the NMC had proposed nine shopping malls on various models. Only one at Jaripatka could be completed.Another proposal is to approve Rs 46.36 crore for acquiring 21,490 sq.mt land reserved for market at mouza Chinchbhuvan. The project will come up on 6,187.55 sq.mt in prime location land that is situated on Kelibag Road. The projects department has sought the standing committee’s permission to approve Rs94.56 crore funds for the project.BJP corporator Dayashankar Tiwari had proposed the project during his tenure as standing committee chairman in 2012..