NASHIK: The state industrial development corporation is all set to acquire 222 hectares of land in Malegaon and Yeola talukas of Nashik district by March.
A hundred and thirteen of the 222 hectares to be acquired are in Sayane near Malegaon. The remaining 109 hectares are to be acquired in Yeola for a proposed textile park.
The deputy chief executive officer of the Maharashtra Industrial Development Corporation (MIDC) Pratap Jadhav said, "The process of acquisition of the 222 hectares in Sayane near Malegaon and Yeola is in its final stages. The process is in accordance with the new land acquisition act that came into effect from January 1."
The MIDC deputy CEO was speaking at the inaugural programme of the industrial expo 'AIMA Index: 2014', organized by the Ambad Industries & Manufacturers' Association ( AIMA) on Friday.
Jadhav said the land would have been acquired by the next two months.
The MIDC is committed to acquire land in various locations across the district, Jadhav added. Around 5,000 hectares of land have been earmarked for acquisition at several places in the district. These are in various stages of acquisition.
A hundred and twenty eight hectares are to be acquired in Gonde village near Igatpuri and 361 acres have been earmarked in Talegaon and Akrade villages in Dindori tehsil.
Jadhav further said, "We have also allotted a plot for the proposed common effluent treatment plant (CETP) in the Ambad Estate of the MIDC. The companies there would, however, have to pitch in to build the project. The flatted industrial estate building project is also to be built in Ambad. The project will help small entrepreneurs to set up shop."