Published On : Sat, Jan 29th, 2022

Finally! MADC allots 6.79 acres of land for Star Hotel outside SEZ in MIHAN

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Courier sent by MADC yet to arrive: Bachitersingh Kapoorsingh Tuli

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Nagpur: The Maharashtra Airport Development Company (MADC) VC & MD Deepak Kapoor approved the allotment of 6.79 acres (27490 Sq. Mtrs.) land for Star Hotel at sector 22 outside SEZ of MIHAN Notified Area. The advertisement evoked a very good response and after taking the valued opinion from the Dept. of Company Secretary, the Legal Dept. and studying the CVC guidelines; the allotment was made to highest bidder (HI) Indian Safari and Camps Pvt. Ltd., Nagpur.

The Letter of Acceptance was already sent on January 28, 2022 to the highest bidder-India Safari and Camps Pvt. Ltd., Nagpur. The Reserve Price for the land is Rs. 6325.00 per Sq. Mtr. The highest bidder has quoted Rs.7099.00 per Sq. Mtr. and the second highest bidder, Abha Hospitality Pvt. Ltd. has quoted Rs. 6335.00 per Sq. Mtrs. for the said land. The total consideration of land is about Rs. 20 crores, the statement issued by MADC reads.

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However, on contacting Bachitersingh Kapoorsingh Tuli, Director of Indian Safari and Camps Pvt. Ltd, he clarified that the MADC authorities have mentioned that they have sent a courier, but it is yet to reach my hands. Most probably, it will be delivered by Monday, he said. On discussing the future plans of the hotel, Tuli further mentioned that, we are assigned to bring five star hotel luxury in MIHAN and we’re up to cater our patrons.

It is to be noted that in the past few months MADC have allotted land to Persistent Technologies in IT Sector, Kalpana Saroj Aviation in Aviation Sector, Cosgrow Agro in Agriculture sector, Anjani Logistics in Health Sector and now to India Safari and Camps Pvt. Ltd. In the Hospitality Sector which will create jobs for hundreds of youth in the region. Shri. Kapoor said that efforts are on to bring the positivity back after the recent COVID-19 Pandemic and to change the negative perception, if any, regarding MIHAN Project.

Also Read : Three months on, bidders running pillar-to-post as MADC fails to issue tender, release deposit

Already, MIHAN project area has prestigious All India Institute of Medical Sciences (AIMS) operational in a sprawling 150 acres of land which will cater to the entire Vidarbha region as well as cities from Chhattisgarh, MP and AP adjoining Vidarbha region in the radius of around 400 kms. For the companies and locality in and outside SEZ such as TCS, HCL, INFOSYS, TechMahindra, LUPIN, DRAL, INDAMER, TASL, FIRST CITY. FSC, TCI, CONCOR, MAHINDRA BLOOMDALE, MORAJ WATERFALL etc. in MIHAN and so many other townships coming up on Wardha road, there is a need for one Star Hotel. Shri. Deepak Kapoor, Vice Chairman & Managing Director of MADC expressed the hope that with consistent efforts, more and more investment will come to MIHAN,

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