
NMRDA Calls Builders' Meet After Rs1,500Cr Bhavan Project Fails To Attract Bids
Tired of too many ads? go ad free now
The crucial meeting is scheduled to be held on Friday at the Nagpur Improvement Trust (NIT) office in Sadar, where the NMRDA currently operates from. The initiative is aimed at encouraging dialogue with real estate sector and reworking the project structure based on their feedback.
The NMRDA, which governs areas outside the Nagpur Municipal Corporation (NMC) limits, currently lacks a dedicated office space of its own.
Recognising the operational challenges of managing a vast and rapidly growing metropolitan region from a temporary setup, chief minister Devendra Fadnavis earlier this year instructed officials to identify a suitable site and begin work on a permanent facility at the earliest.
State revenue minister Chandrashekhar Bawankule took charge of the project implementation.
Following the CM's directive, a 22-acre parcel of land owned by NMRDA in Mouza Sondapar near Jamtha stadium on Wardha Road was finalised for the project.
Officials said the location was chosen for its connectivity and long-term development potential.
According to sources, the proposed infrastructure was to be developed through design, build, finance, maintain, and sale (DBFMS) model. Under this model, developer would construct the NMRDA Bhavan, officers' quarters, residential buildings, a clubhouse, and other facilities. In return, the developer would be allowed to commercially utilise around 6 to 6.5 acres of the land in front — a potentially lucrative incentive.
Tired of too many ads? go ad free now
"This land is strategically located, and the blueprint was made keeping in mind the future needs of NMRDA. The office building is just one part of the larger vision. Residential quarters are essential too, since the project site is far from the city. Without them, it would be difficult for employees to work there or otherwise citizens visiting the office would face inconvenience if the officials are reaching late," said a senior NMRDA official.
Despite the scale and the commercial opportunity, the project failed to get any response in the first tender. Officials believe a lack of clarity or concerns over the return on investment may have discouraged developers.
"We have called this meeting to understand the developers' perspective. It's a chance to hear their suggestions, concerns and see what changes are required to make the project more attractive," the official said, adding after the meeting many things would be made clear.
A fresh tender process may be issued after incorporating feedback received during the meeting.
Hashtags

Try Our AI Features
Explore what Daily8 AI can do for you:
Comments
No comments yet...
Related Articles


Time of India
6 hours ago
- Time of India
IBM to support Maharashtra in developing quantum computing initiative
Global tech giant IBM on Wednesday said it will support Maharashtra in developing its quantum computing initiative. The US-headquartered company having a presence in the western state also signed a letter of intent with the Maharashtra government to identify opportunities of support for the state's quantum initiatives, as per a statement. IBM will offer expertise, which Maharashtra may use to help craft its own quantum initiative, and also contribute to the development of the state's quantum ecosystem through workshops and other skills development efforts. "Through our collaboration with IBM, we will harness quantum innovation to transform lives, while building a skilled talent pool to democratise its benefits and make them accessible to every citizen of the state," Maharashtra chief minister Devendra Fadnavis said. The company's general manager for Asia Pacific Hans Dekkers said the effort should be seen as a commitment to help Maharashtra build its own vibrant quantum ecosystem. IBM India and south Asia's Managing Director Sandip Patel welcomed the opportunity to engage with the state government on advancing quantum computing skills. Fadnavis on Wednesday inaugurated the tech major's client experience centre at a new facility in the country's financial capital which is designed to support Indian enterprises' use of AI, hybrid cloud, and quantum computing. The centre will serve as a place where experts from the company and partners can create solutions for India's business challenges. It will also have solutions and services from the company's AI portfolio, including the watsonx platform, data and automation, cybersecurity, hybrid cloud, and consulting-led transformation.


Time of India
7 hours ago
- Time of India
Maharashtra empowers districts to attract private capital in $1 trillion economy push
Maharashtra is implementing a 'District Strategic' plan to achieve a $1 trillion economy by 2028, tasking District Collectors with attracting private investment in emerging sectors. Each district has specific growth targets, like Nashik focusing on tourism and Jalgaon on agro-processing. Tired of too many ads? Remove Ads Tired of too many ads? Remove Ads Maharashtra has rolled out a radical plan to boost growth and investment in the state as it aims to become a $1 trillion economy by 2028. It has unveiled a 'District Strategic' plan that seeks to drive district-level growth by mobilizing private capital in new and emerging a significant shift, the Maharashtra government has now tasked District Collectors with facilitating private investment in emerging businesses to support entrepreneurs and generate employment. The state has prepared an action plan, assigning specific growth targets to each district collector (DC) along with sectors to focus a meeting chaired by Chief Minister Devendra Fadnavis a fortnight ago with Divisional Commissioners and District Collectors, the CM laid out targets and goals to be achieved over the next five years. For instance, Nashik has been given a 12% growth target and asked to focus on tourism and logistics, whereas Jalgaon has a 17% growth target with emphasis on agro and food processing other issues discussed, the state government also directed DCs to address the problems faced by existing industrial units and exporters. Many businesses located in the hinterland have complained about the lack of proper road connectivity to highways and erratic power supply, which damages their machinery due to voltage address such concerns, Fadnavis has instructed District Collectors to use 25% of District Planning Development Committee (DPDC) funds to improve infrastructure for existing industries - including purchasing new transformers for uninterrupted power, building roads for last-mile connectivity, and constructing warehousing facilities in villages for farm produce storage.A District Collector said the biggest takeaway from the meeting was the directive to help create new entrepreneurs by facilitating private capital."The 25% of DPDC funds to resolve issues will benefit industries that have complained of lack of infrastructure. The two big things coming out of the meeting are the state pushing for DCs to encourage private capital for investments in the state as well as a push to boost tourism," the Collector state government official called the ideas "radical.""Usually, the Industries Department and MIDC (Maharashtra Industrial Development Corporation) are the ones supposed to be handholding industries and businesses. Now District Collectors have been made responsible - and empowered - to take decisions. They are the ones to get capital for new entrepreneurs. It is quite forward-looking," said the official.


Economic Times
7 hours ago
- Economic Times
Maharashtra empowers districts to attract private capital in $1 trillion economy push
Maharashtra is implementing a 'District Strategic' plan to achieve a $1 trillion economy by 2028, tasking District Collectors with attracting private investment in emerging sectors. Each district has specific growth targets, like Nashik focusing on tourism and Jalgaon on agro-processing. Tired of too many ads? Remove Ads Tired of too many ads? Remove Ads Maharashtra has rolled out a radical plan to boost growth and investment in the state as it aims to become a $1 trillion economy by 2028. It has unveiled a 'District Strategic' plan that seeks to drive district-level growth by mobilizing private capital in new and emerging a significant shift, the Maharashtra government has now tasked District Collectors with facilitating private investment in emerging businesses to support entrepreneurs and generate employment. The state has prepared an action plan, assigning specific growth targets to each district collector (DC) along with sectors to focus a meeting chaired by Chief Minister Devendra Fadnavis a fortnight ago with Divisional Commissioners and District Collectors, the CM laid out targets and goals to be achieved over the next five years. For instance, Nashik has been given a 12% growth target and asked to focus on tourism and logistics, whereas Jalgaon has a 17% growth target with emphasis on agro and food processing other issues discussed, the state government also directed DCs to address the problems faced by existing industrial units and exporters. Many businesses located in the hinterland have complained about the lack of proper road connectivity to highways and erratic power supply, which damages their machinery due to voltage address such concerns, Fadnavis has instructed District Collectors to use 25% of District Planning Development Committee (DPDC) funds to improve infrastructure for existing industries - including purchasing new transformers for uninterrupted power, building roads for last-mile connectivity, and constructing warehousing facilities in villages for farm produce storage.A District Collector said the biggest takeaway from the meeting was the directive to help create new entrepreneurs by facilitating private capital."The 25% of DPDC funds to resolve issues will benefit industries that have complained of lack of infrastructure. The two big things coming out of the meeting are the state pushing for DCs to encourage private capital for investments in the state as well as a push to boost tourism," the Collector state government official called the ideas "radical.""Usually, the Industries Department and MIDC (Maharashtra Industrial Development Corporation) are the ones supposed to be handholding industries and businesses. Now District Collectors have been made responsible - and empowered - to take decisions. They are the ones to get capital for new entrepreneurs. It is quite forward-looking," said the official.