IDA approves 5 schemes to develop residential, commercial properties

10 Mar 2022 CW Team

The Board of Directors (BoD) of Indore Development Authority (IDA) has approved new five schemes for developing residential and commercial properties along with major roads of around Rs 1,750 crore.

The administrative sanction has been given to develop two flyovers at Khajrana and Luv Kush Square at Rs 137.50 crore.

Chairman of IDA, Jaypal Singh Chawdan, said that the Board of Directors had approved developing five new schemes after clearing around 700 claims and objections.

He added that the authority had sent the proposals to the state government for approval. The five schemes are town planning scheme TPS-1, TPS-3, TPS-4, TPS-5 and TPS-8 and might start by June while prioritising road projects.

Additionally, the development scheme will also include 29 km of road development.

According to the proposal, TPS-1 will be developed in 49.079 hectares area in Khajrana at Rs 145.73 crore, TPS-3 will be developed in 143.382 hectares area in Lasudia Mori, Talawali Chanda, Arandiya and Mayakhedi area at Rs 335.5 crore. TPS-4 has 85.387 hectares of land for residential, transportation and a master plan road at Rs 215.83 crore.

TPS-5 will include residential plots and master plan road in 159.544 hectares of land in Kanadia area at Rs 346.96 crore, TPS-8 in 301.842 hectares land in Bhawrasala, Kumedi, Bhangya, Kailodhala, Sudiyamori, Talawali Chanda, Shakarkhedi and Arandiya village at Rs 706.67 crore.

In the board meeting, the directors, including collector Manish Singh, IMC Commissioner Pratibha Pal and CEO of IDA Vivek Shrotriya, were present and approved Rs 57.5 crore to develop a six-lane bridge at Khajrana Square. Moreover, a six-lane flyover at Luv Kush Square will be developed.

The IDA officials are examining the feasibility to develop nine flyovers at the key squares of the city to help ease traffic congestion.

Image Source

Also read: Indore Smart City CEO: Tenders to be floated for installing LED lights

The Board of Directors (BoD) of Indore Development Authority (IDA) has approved new five schemes for developing residential and commercial properties along with major roads of around Rs 1,750 crore. The administrative sanction has been given to develop two flyovers at Khajrana and Luv Kush Square at Rs 137.50 crore. Chairman of IDA, Jaypal Singh Chawdan, said that the Board of Directors had approved developing five new schemes after clearing around 700 claims and objections. He added that the authority had sent the proposals to the state government for approval. The five schemes are town planning scheme TPS-1, TPS-3, TPS-4, TPS-5 and TPS-8 and might start by June while prioritising road projects. Additionally, the development scheme will also include 29 km of road development. According to the proposal, TPS-1 will be developed in 49.079 hectares area in Khajrana at Rs 145.73 crore, TPS-3 will be developed in 143.382 hectares area in Lasudia Mori, Talawali Chanda, Arandiya and Mayakhedi area at Rs 335.5 crore. TPS-4 has 85.387 hectares of land for residential, transportation and a master plan road at Rs 215.83 crore. TPS-5 will include residential plots and master plan road in 159.544 hectares of land in Kanadia area at Rs 346.96 crore, TPS-8 in 301.842 hectares land in Bhawrasala, Kumedi, Bhangya, Kailodhala, Sudiyamori, Talawali Chanda, Shakarkhedi and Arandiya village at Rs 706.67 crore. In the board meeting, the directors, including collector Manish Singh, IMC Commissioner Pratibha Pal and CEO of IDA Vivek Shrotriya, were present and approved Rs 57.5 crore to develop a six-lane bridge at Khajrana Square. Moreover, a six-lane flyover at Luv Kush Square will be developed. The IDA officials are examining the feasibility to develop nine flyovers at the key squares of the city to help ease traffic congestion. Image Source Also read: Indore Smart City CEO: Tenders to be floated for installing LED lights

Real Estate

29 Oct 2025

iWO(R)K

It is commonly believed that technology is the key differentiator between a smart and an ordinary workspace. While that is true on one level, it isn’t the whole truth. Conceptually, smartness as associated with an office has evolved from technological novelty to holistic sustainability, workplaces that not only perform but also inspire, explains Dikshu Kukreja, Managing Principal, CP Kukreja Architects. “A truly smart workplace is not simply a matter of embedding devices or automated systems; it is about creating an ecosystem that balances digital intelligence, ecological sensiti..

Technology

29 Oct 2025

Bentley’s AI-Driven Infrastructure Vision

Kaushik Chakraborty, Senior Vice President, Asia Pacific & Japan, Bentley Systems, shares with PRATAP PADODE, Editor-in-Chief, CW, how Bentley is reshaping infrastructure. Through AI, model-centric workflows and innovation, technology is helping deliver projects faster, greener and more efficiently across regions.How does Bentley’s global strategy ensure its solutions meet diverse infrastructure needs?Bentley’s technology is designed to scale globally. Projects large and small – from a hotel in Udevo to a 350-km highway in Australia – demonstrate that technology is no bar..

Equipment

29 Oct 2025

Handling the Bottom Line

In a highly competitive construction environment, efficient material handling is “the silent engine of profitability”, to quote Vaibhav Kulkarni, General Manager Projects, JP Infra Realty. “It’s not just about moving materials from A to B but developing a strategy to minimise touchpoints, reduce waste and maximise spends.”Planning stageBefore investing in material, Kulkarni recommends designing the material flow. “Map the journey of major materials from the delivery point to their final placement,” he recommends. While doing this, “minimise double-handling and identif..