Dedicated locality research platform

Nagpur's MIHAN-SEZ asks DLF return allotted land over failure to execute plans

Nagpur's MIHAN-SEZ has urged DLF to return 140 acres allocated in 2007 for an IT Park, citing the company's 15-year lapse in initiating construction. DLF, given possession of the land to develop IT towers, was anticipated to generate employment for 1 lakh people across 9 million sqft. Despite notices issued and consideration for land surrender, DLF is yet to present a development plan. Other companies allotted land face similar issues.
MIHAN, spanning 4,300 hectares, includes Nagpur International Airport's expansion. Despite expectations of an IT boom since 2007, Nagpur lags behind Pune, Hyderabad, and Bengaluru in IT infrastructure development. SEZ authorities reveal 20% active occupancy, 68% vacant land, and inactive or unauthorized units. While major IT companies like Infosys, TCS, and HCL are operational, strategic development challenges persist.
The MIHAN project aimed for an annual revenue of Rs 8,500 crore, projecting employment for 1.77 lakh IT professionals. However, fierce competition from other cities hindered Nagpur's anticipated growth. SEZ authorities emphasize the need for DLF and other companies to submit viable plans for land use within the SEZ, underlining the importance of strategic development activities permitted in the zone.
V Sraman, MIHAN-SEZ Development Commissioner, notes the issuance of notices and DLF's initial communication about surrendering the land, later reconsidering development. The emphasis remains on DLF presenting a comprehensive plan for land utilization to facilitate any permitted activities within the SEZ. The Maharashtra Airport Development Corporation (MADC), overseeing the MIHAN project, has leased land to major IT companies, including HCL, Infosys, TCS, and Tech Mahindra, for IT parks, manufacturing units, and MRO facilities.
The imbalance of 20% active land use against 68% vacant land highlights the urgency for companies to align with strategic development plans. The evolution of the MIHAN project, envisaged for substantial economic growth, relies on coordinated efforts to activate dormant land parcels and adhere to approved development frameworks.

© Propscience.com. All Rights Reserved.