MPIDC to develop residential blocks in industrial areas
Real Estate

MPIDC to develop residential blocks in industrial areas

The Madhya Pradesh Industrial Development Corporation (MPIDC) is considering the development of residential complexes for workers in industrial areas, particularly those emerging on the outskirts of cities. The state's industry department is currently planning the construction of residential blocks in the Vikram Udhyogpuri industrial area in Ujjain and the Mandideep industrial area in Bhopal.

According to MPIDC Managing Director Chandramauli Shukla, residential zones within industrial belts will be developed to house the workforce and meet the needs of industries. This will help create a supportive ecosystem for industries, especially those located far from the main urban centres.

MPIDC is set to begin the tender process for developing residential blocks in the state's industrial belts, initially focusing on select industrial areas with high occupancy. These developments will cater to both the housing needs of the workforce and the space requirements for industries.

Additionally, MPIDC's Indore office has submitted a proposal to develop over 1,000 residential flats in Pithampur's Sector 1 and Sector 6. The project will include units for Economically Weaker Sections (EWS), studio apartments, 2 BHK, and 3 BHK flats, with an estimated construction cost of ?2.11 billion, excluding the cost of land.

Pithampur, home to more than 1,000 industries, is estimated to need approximately 15,000-20,000 houses for workers. Pithampur Audhyogik Sanghatan president Gautam Kothari commented that housing is a basic necessity for any industrial area. He noted that many workers currently commute from Indore and Dewas but would prefer to live in Pithampur if a proper ecosystem and adequate facilities were in place.

The Madhya Pradesh Industrial Development Corporation (MPIDC) is considering the development of residential complexes for workers in industrial areas, particularly those emerging on the outskirts of cities. The state's industry department is currently planning the construction of residential blocks in the Vikram Udhyogpuri industrial area in Ujjain and the Mandideep industrial area in Bhopal. According to MPIDC Managing Director Chandramauli Shukla, residential zones within industrial belts will be developed to house the workforce and meet the needs of industries. This will help create a supportive ecosystem for industries, especially those located far from the main urban centres. MPIDC is set to begin the tender process for developing residential blocks in the state's industrial belts, initially focusing on select industrial areas with high occupancy. These developments will cater to both the housing needs of the workforce and the space requirements for industries. Additionally, MPIDC's Indore office has submitted a proposal to develop over 1,000 residential flats in Pithampur's Sector 1 and Sector 6. The project will include units for Economically Weaker Sections (EWS), studio apartments, 2 BHK, and 3 BHK flats, with an estimated construction cost of ?2.11 billion, excluding the cost of land. Pithampur, home to more than 1,000 industries, is estimated to need approximately 15,000-20,000 houses for workers. Pithampur Audhyogik Sanghatan president Gautam Kothari commented that housing is a basic necessity for any industrial area. He noted that many workers currently commute from Indore and Dewas but would prefer to live in Pithampur if a proper ecosystem and adequate facilities were in place.

Next Story
Infrastructure Energy

Mizoram To Build Rs 139 Billion Pumped Storage Power Plant

Mizoram Chief Minister Lalduhoma on Friday announced plans to construct a 2,400 MW pumped storage hydroelectric power plant in Hnahthial district, marking a major step towards achieving energy self-sufficiency in the state. Addressing the Mizo Students’ Union general conference in Hnahthial town, the Chief Minister said the plant would be developed across the Darzo Nallah, a tributary of the Tuipui river. Once operational, the project is expected to play a pivotal role in meeting Mizoram’s rising electricity demand and reducing dependence on imported power. Officials from the State Power..

Next Story
Infrastructure Energy

Centre Plans Nationwide Opening Of Power Retail Market

India is preparing to open up its retail electricity market to private companies nationwide, effectively ending the long-standing monopoly of state-run power distributors in most regions, according to a draft bill released by the Union Power Ministry on Friday. The move will enable major private sector players — including Adani Enterprises, Tata Power, Torrent Power, and CESC — to expand their presence across the country’s electricity distribution landscape. A similar reform attempt in 2022 had faced strong opposition from state-run distribution companies (discoms), which currently dom..

Next Story
Infrastructure Energy

CEA Sets 100 GW Nuclear Target For India By 2047

In a landmark step marking its 52nd Foundation Day, the Central Electricity Authority (CEA) unveiled an ambitious roadmap to develop 100 gigawatts (GW) of nuclear power capacity by 2047, aligning with India’s long-term Net-Zero commitment and energy security objectives. The event, held at the Central Water Commission auditorium in New Delhi’s R.K. Puram, was attended by Pankaj Agarwal, Secretary, Ministry of Power, who served as the Chief Guest. The roadmap sets out a detailed plan to expand India’s nuclear capacity from its current level of approximately 8,180 MW as of early 2025, outl..

Advertisement

Subscribe to Our Newsletter

Get daily newsletters around different themes from Construction world.

STAY CONNECTED

Advertisement

Advertisement

Advertisement

Talk to us?