Cidco approves 194 ha land for second town planning
Lokesh Chandra, VC & MD of CIDCO informed hthat they have sanctioned the second town planning scheme (TPS) for CIDCO's proposed NAINA Project, covering an area of 194 hectares. TPS-2 covers the villages of Devad, Bhokharpada, Chipale, Vihighar, Belavali, and Sangade. The NAINA team has successfully ensured participation of about 350 landowners for the second scheme. The beneficiaries will get 40% of their original entitlement as final plot and are also entitled to develop it with an FSI of 2.5. The remaining 60% of land will be utilized for infrastructure development, which will be taken up by CIDCO. Another unique feature is that the majority of the final plots are anchored to their original locations, which perhaps has been a reassuring factor for the landowners and led to the speedy launching of the scheme, said official sources.
📅Published on:
17 May 2019
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