VMRDA receives approval for its MIG layout in Vizianagaram
Real Estate

VMRDA receives approval for its MIG layout in Vizianagaram

The Visakhapatnam Metropolitan Region Development Authority (VMRDA) has got permission for its proposed two middle-income groups (MIG) layouts in the Vizianagaram district from the Directorate of Town and Country Planning (DTCP).

The VMRDA will set up two middle-income groups (MIG) layouts in about 41 acres in two different mandals in the Vizianagaram district. Meanwhile, the VMRDA has also sent proposals to the DTCP to establish two more layouts in 363 acres in the Visakhapatnam district. One layout will come up in approximately 269.3 acres in GS Agraharam and Ramavaram villages, and the other one in Palavalasa (93.8 acres) in the Vizag suburbs.

As per the VMRDA authorities, the pricing of the plots in these layouts will be based on the cost included in the land pooling, layout development and formation of infrastructure.

The state government plans to set MIG plots in the urban local bodies across the state under ‘Jagananna Smart Towns’. The demand survey held for the MIG plots under this scheme obtained approximately 3.9 lakh applications from the prospective buyers.

VMRDA metropolitan commissioner K Venkata Ramana Reddy told the media that they will shortly invite bids for land levelling and other infrastructural works for the two layouts sanctioned by the DTCP in Vizianagaram district.

For the offered layouts in the Visakhapatnam district, the layout designs have been sent to the DTCP. The state government wants to render these plots at a cheaper cost than the market rates to the middle-income groups, according to Venkata Ramana Reddy.

The VMRDA metropolitan commissioner told the media that they will send a report to the state government based on the actual expense they will incur on land pooling and layout expansion. Then the state-level committee will set the cost to make them affordable to the public, as per Venkata Ramana Reddy.

The VMRDA has long been planning to set up new layouts in the suburbs as the urban development authority has land parcels on all four sides of the city.

Image Source

Also read: VMRDA to process several layout regularisation scheme applications

The Visakhapatnam Metropolitan Region Development Authority (VMRDA) has got permission for its proposed two middle-income groups (MIG) layouts in the Vizianagaram district from the Directorate of Town and Country Planning (DTCP). The VMRDA will set up two middle-income groups (MIG) layouts in about 41 acres in two different mandals in the Vizianagaram district. Meanwhile, the VMRDA has also sent proposals to the DTCP to establish two more layouts in 363 acres in the Visakhapatnam district. One layout will come up in approximately 269.3 acres in GS Agraharam and Ramavaram villages, and the other one in Palavalasa (93.8 acres) in the Vizag suburbs. As per the VMRDA authorities, the pricing of the plots in these layouts will be based on the cost included in the land pooling, layout development and formation of infrastructure. The state government plans to set MIG plots in the urban local bodies across the state under ‘Jagananna Smart Towns’. The demand survey held for the MIG plots under this scheme obtained approximately 3.9 lakh applications from the prospective buyers. VMRDA metropolitan commissioner K Venkata Ramana Reddy told the media that they will shortly invite bids for land levelling and other infrastructural works for the two layouts sanctioned by the DTCP in Vizianagaram district. For the offered layouts in the Visakhapatnam district, the layout designs have been sent to the DTCP. The state government wants to render these plots at a cheaper cost than the market rates to the middle-income groups, according to Venkata Ramana Reddy. The VMRDA metropolitan commissioner told the media that they will send a report to the state government based on the actual expense they will incur on land pooling and layout expansion. Then the state-level committee will set the cost to make them affordable to the public, as per Venkata Ramana Reddy. The VMRDA has long been planning to set up new layouts in the suburbs as the urban development authority has land parcels on all four sides of the city. Image Source Also read: VMRDA to process several layout regularisation scheme applications

Next Story
Infrastructure Urban

bauma Conexpo 2024 is it the largest edition, with 1,000 exhibitors

India's construction equipment industry is experiencing significant growth, fueled by rapid infrastructure development, expanding mining activities, and increasing urbanisation. bauma Conexpo India will bring together leaders, global players and decision-makers from the international trade fair for construction machinery, building material machines, mining machines and construction vehicles under one roof. The exhibition will host its biannual event at the India Expo Centre, Greater Noida  from 11 to 14 December 2024.In 2023, the exhibition attracted 41,108 participants as well as 601 exh..

Next Story
Infrastructure Urban

Our commitment to excellence and innovation drives our success

In India's dynamic industrial landscape, Gmmco, a comprehensive solutions provider across the construction, resources and energy transportation industries, stands as a testament to innovation. As a powerhouse of the CK Birla Group with a legacy spanning over five decades, the company has evolved from a traditional equipment supplier to a full-spectrum solutions provider, prioritising technology, innovation and sustainability. Its distinctive approach includes rental solutions, used equipment options, financing support, rebuilt options and tailored product support solutions, setting new benchma..

Next Story
Infrastructure Urban

Vedanta plans $2 billion investment in Saudi Arabia copper projects

Vedanta announced its plan to invest $2 billion in major copper projects in Saudi Arabia. Vedanta Copper International, a wholly-owned subsidiary of the company, has signed an agreement with Saudi Arabia's Ministry of Investment and Ministry of Industries & Mineral Resources. The agreement outlines the establishment of a greenfield copper smelter and refinery with a capacity of 400 kilo tonnes per annum (KTPA) and a 300 KTPA copper rod project. According to the company, this collaboration aligns with Saudi Arabia's Vision 2030 and aims to invest $2 billion in significant copper projects withi..

Hi There!

"Now get regular updates from CW Magazine on WhatsApp!

Join the CW WhatsApp channel for the latest news, industry events, expert insights, and project updates from the construction and infrastructure industry.

Click the link below to join"

+91 81086 03000