Tuesday, November 6, 2007

Vigorous land acquisitions by the Maharashtra Industrial Development Corporation (MIDC) and private industry in Pune

The state government’s industrial infrastructure development arm is looking to create a land bank of between 10,000-20,000 hectares in the two cities, Pune and Nashik.

MIDC is looking to acquire land for which notifications have been issued at Ranjangaon, Talegaon, Chakan, Karla and Khed.



The state government is believed to have received 1800 applications for the Chakan industrial area, 1100 for Ranjangaon and 600 for Talegaon.

The land bank with the MIDC, Pune region, is close to being exhausted and it is facing problems in acquiring new land.
:Nashik to be next real estate destination: Jayashree Bhosale: The Economic Times.

Flickr: Photos from emilyfaith.

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