Published On : Sun, May 17th, 2015

Noble Initiative or Realising Reality : MADC to give its land for IIM, AIIMS

“The AIIMS and IIM, both are more important to us than developing a golf course: Tanaji Satre

Nagpur: According to news published in local newspaper today, the nodal agency for Mihan-SEZ, Maharashtra Airports Development Company (MADC) has decided to allot the land it has earmarked for a golf course in the Mihan-SEZ’s non-processing zone to upcoming Indian Institute of Management (IIM) and the All India Institute of Medical Sciences (AIIMS).

Speaking to newspaper vice-chairman and managing director of MADC, Tanaji Satre revealed “The AIIMS and IIM, both are more important to us than developing a golf course and so we have decided to allot the land to these socio-educational institutions,”

The MADC has earmarked 293 acres of land outside the Mihan-SEZ for developing a high-end township including an 18-hole golf course in it. The idea was that if foreign investors come to Mihan-SEZ, they would require this kind of world class social infrastructure.
However, 15 years down the line, let alone foreign investors, even domestic investors are wary of setting up export-oriented units in Mihan-SEZ.

Realising this unsavory reality, MADC has decided to cancel the township and golf course project, reliable sources in MADC said. Since, the land is situated outside the processing zone of Mihan-SEZ and so MADC has no difficulty in allotting the land to any one.

Sources said that AIIMS and IIM both have demanded 150 acres of land each. The MADC has decided to allot 150 acres to AIIMS and remaining 143 acres to IIM for setting up their campuses.

The MADC also has a 60 acre vacant plot of land which is contiguous to AIIMS land and MADC has decided to keep it as it is. The idea is that if AIIMS requires more land, the MADC would be in a position to allott this 60 acre plot to it.

Sources also said the decision already has been taken and the land will be handed over to AIIMS and IIM any time.