Govt initiates land identification process for IIM Odisha
The Idco has asked the district collectors for identification of required 200 acres for the management institute
Sep 02, 2014
Source : Business Standard
Odisha Industrial Infrastructure Development Corporation (Idco)

 

Bhubaneswar: While people from different parts of are raising demands for location of the proposed (Indian Institute of Management) in the state in their respective area, the state government has started the process of for establishment of the premier institute.

The Odisha Industrial Infrastructure Development Corporation (Idco), the nodal land acquisition agency, has asked the district collectors for identification of required 200 acres for the management institute. "As discussed you are requested to identify a patch of land measuring 200 acres and submit the details of such land with land schedule and map to for taking further action", Idco Chairman cum Managing Director wrote to the Collector of Ganjam, the home district of Chief Minister Naveen Patnaik.

Officials at the Khurda collector's office also said that the Idco CMD Vishal Dev, who is also the Secretary, Industries department, has asked the Khurda Collector for identification of 200 acres of land for setting up of the B-School. Sources said, Cuttack collector has also been asked to identify the land.

The move from Idco follows the Union Human Resource Development Ministry's letter to the Odisha government to provide free land measuring 200 acre inside the state for establishment of an Indian Institute of Management (IIM).

The land must be free from litigation and should be situated in a city that has better rail, road and air connectivity, Ashok Thakur, secretary with the HRD ministry said in the letter. The state government was asked to suggest 2-3 probable locations for establishment of the premier management institute. After the receipt of the same, a site selection committee would visit the state to finalise a location.

Latest Realty News

BDA talks transparency; Move follows plot bungle
Sep 02, 2014
The development authority will put documents related to allotment of plots and houses on its website, having burnt its fingers in the discretionary quota issue
BDA’s Digi Plan to Clean Mess
Sep 02, 2014
Mired in controversies, the Bhubaneswar Development Authority (BDA) has decided to incorporate greater transparency through digitisation of files and making them available in the public domain
Civic Body Fails to Utilise Slum Development Fund
Sep 02, 2014
Hundreds of beneficiaries of Integrated Housing and Slum Development Programme (IHSDP) living in the slum areas under Baripada Municipality limits have expressed their concern over slow progress of work under the programme
Ghangapatna land buyers to face action
Sep 02, 2014
Apart from officials involved in land grab at Ghangapatna here, the state government will initiate criminal action against those who illegally bought government land, revenue minister Bijayshree Routray said here on Monday
Probe into misuse of land allotted for healthcare
Sep 02, 2014
The state government will further probe the alleged diversion of subsidized government land allotted for establishment of healthcare facilities, special secretary (general administration) Niten Chandra told the media here on Monday
'Builders lobby halting abattoir project'
Sep 02, 2014
Mayor Anant Narayan Jena on Monday said some builders were behind the opposition to a proposed abattoir at Gadkana here, two days after some groups demolished the boundary at the project site
Brigade, Singapore's GIC to invest $248 mln in Indian property sector
Sep 02, 2014
Indian developer Brigade Enterprises (BRIG.NS) and Singapore's sovereign wealth fund GIC Pte Ltd have agreed to jointly invest 15 billion rupees ($248 million) in residential real estate projects in south India, the companies said
All but industry on Idco acres
Sep 01, 2014
One more incident about gross misuse of land has tumbled out of the closet to haunt the already beleaguered Naveen Patnaik government
Indian home prices fell most in 52 nations, IMF says
Sep 01, 2014
Is India's real estate bubble finally bursting? The International Monetary Fund's recently-launched data series on global housing prices hints at that. Among 52 major markets for which IMF has collated house price data, India has witnessed the steepest fall
Bangalore, Mumbai to Lead Residential Sales Recovery: Knight Frank
Sep 01, 2014
Residential property sales in India have remained sluggish over the past year amid slowing economic growth, high interest rates and high inflation, among others. But analysts see sales volume picking up in the second half of this year (July-December).

Latest Realty News Of State

Realty Talk's