+
MPTB to Attract Investments For 28 Land Parcels
ECONOMY & POLICY

MPTB to Attract Investments For 28 Land Parcels

Aiming to enhance adventure and recreational infrastructure in the state, Madhya Pradesh Tourism Board (MPTB) is contemplating attracting investment from private entities on 28 new land parcels and seven heritage properties in the state, for which the department has commenced the tender issuance process. 
The state govt is seeking investment for establishing eco-tourism destinations, resorts, hotels and wellness centres at identified locations to bolster tourism in the state. 
Mandsaur, Dhar, Narsinghpur, Chindwara, Bhind, Neemuch, Betul, Narmadapuram, Raisen, Shajapur and Shahdol are amongst the locations where MPTB intends to offer land to investors for creating infrastructure.”In the state, 28 new land parcels and seven heritage properties are prepared for bidding. The objective is to develop infrastructure and augment amenities and services to enhance tourist footfall in the state. 
Tourist influx in the state is increasing and development of fresh infrastructure will provide a further impetus to the properties. In MP, we possess ample land parcels spanning across diverse geographies including wildlife, hills and plains, providing numerous options for investors to select from the offered properties,” said Bidisha Mukherjee, the additional managing director of MPTB. 
The board has allotted around 79 land parcels to private investors for establishing various tourism projects till date. Of these, nine projects have become operational, 31 are under construction and 39 units are in process. 
MPTB is additionally considering developing new wayside amenities amongst Gwalior, Hoshangabad, Rewa, Jabalpur and Rajgarh. Presently, approximately 100 way-side amenity centres have been transferred to private investors for operation, of which more than 75 are operational in the state. 

Aiming to enhance adventure and recreational infrastructure in the state, Madhya Pradesh Tourism Board (MPTB) is contemplating attracting investment from private entities on 28 new land parcels and seven heritage properties in the state, for which the department has commenced the tender issuance process. The state govt is seeking investment for establishing eco-tourism destinations, resorts, hotels and wellness centres at identified locations to bolster tourism in the state. Mandsaur, Dhar, Narsinghpur, Chindwara, Bhind, Neemuch, Betul, Narmadapuram, Raisen, Shajapur and Shahdol are amongst the locations where MPTB intends to offer land to investors for creating infrastructure.”In the state, 28 new land parcels and seven heritage properties are prepared for bidding. The objective is to develop infrastructure and augment amenities and services to enhance tourist footfall in the state. Tourist influx in the state is increasing and development of fresh infrastructure will provide a further impetus to the properties. In MP, we possess ample land parcels spanning across diverse geographies including wildlife, hills and plains, providing numerous options for investors to select from the offered properties,” said Bidisha Mukherjee, the additional managing director of MPTB. The board has allotted around 79 land parcels to private investors for establishing various tourism projects till date. Of these, nine projects have become operational, 31 are under construction and 39 units are in process. MPTB is additionally considering developing new wayside amenities amongst Gwalior, Hoshangabad, Rewa, Jabalpur and Rajgarh. Presently, approximately 100 way-side amenity centres have been transferred to private investors for operation, of which more than 75 are operational in the state. 

Next Story
Real Estate

Shriram Properties Launches ‘Codename: The One’ in Bengaluru

Shriram Properties (SPL), a leading real estate developer focused on the mid-market and mid-premium segments, has announced the launch of its latest residential project under the banner “Codename: The One” in Bengaluru’s Electronic City corridor. This feature-rich gated community will offer 340 spacious 2- and 3-BHK residences, with a total saleable area of approximately 5 lakh square feet and an estimated revenue potential of over Rs 3.5 billion. The project is expected to be developed over a span of more than three years.  Strategically located near the Bommasandra Metro stat..

Next Story
Resources

India Warehousing Show 2025 Closes with Strong Global Presence

The 14th edition of the India Warehousing Show (IWS) 2025 concluded successfully at Yashobhoomi (IICC), Dwarka, drawing participation from over 300 exhibitors across 15 countries and welcoming 15,000+ visitors. Recognised as India’s leading platform for warehousing and logistics excellence, IWS 2025 offered a comprehensive display of cutting-edge automation, sustainable warehousing solutions, and next-gen supply chain technologies. The show was inaugurated by Shri Pankaj Kumar, Joint Secretary – Logistics, DPIIT, Ministry of Commerce and Industry, Government of India. In his opening a..

Next Story
Equipment

MHIET Launches 450kW Gas Cogeneration System with H₂ Co-Firing

Mitsubishi Heavy Industries Engine & Turbocharger (MHIET), part of the Mitsubishi Heavy Industries Group, has launched a new 450kW gas cogeneration system, the SGP M450, jointly developed with Toho Gas Co.,. The system supports hydrogen co-firing at up to 15 vol per cent, with no loss in performance or reliability.  The system is currently available in the Japanese market, and has been developed from the existing GS6R2 city gas engine platform. Key modifications were made to the fuel gas and engine control systems to enable hydrogen co-firing.   Verified through de..

Advertisement

Advertisement

Subscribe to Our Newsletter

Get daily newsletters around different themes from Construction world.

STAY CONNECTED

Advertisement

Advertisement

Advertisement

Advertisement

Talk to us?