Nagpur Improvement Trust

NAGPUR: Many developers, who had bought land off Wardha Road between 2005 and 2009 are now hoping to revive their fortunes through Nagpur Improvement Trust (NIT), which is developing the metro region. After witnessing an unprecedented boom mainly due to Mihan, realty business took a nosedive due to global slowdown and has not picked up since then.

Other factors too contributed to the stagnation. The state government has not increased the gaothan limits in spite of several assurances as a result of which several layouts stand illegal. An assistant director of town planning (ADTP) had indiscriminately issued TP clearances and was suspended. Many developers had misled the buyers by claiming that NIT would provide the infrastructure in the layouts even though it was nowhere in the picture.

All these factors had scared buyers away leaving developers with huge tracts of land.
Now, NIT is clearing layouts in metro region as a planning agency. The developers are hoping that NIT's sanction would revive their business.

NIT has so far cleared about 200 layouts, most of which are off Wardha Road. Some of them are off Nagpur-Kamptee road and some in Wanadongri areas. There are not many layouts on Bhandara, Amravati, Umrer and Katol roads.

Superintending engineer PM Kide said NIT cleared the layout unless it came under a reservation as per the regional plan of 2000. "We also check whether the plan allows the land use for the activity the developer plans to undertake. The developer then has to obtain non-agricultural (NA) certificate from district collectorate before signing a development agreement," said Kide.

"The final release letter is provided only after the layout has all the civic amenities. We give two options to the developers. Either they should provide basic amenities on their own or deposit money with NIT to do the job. Most of them have chosen the first option. NIT officials do on-the-sport inspection in this case," he said.

Kide said proper development of the metro region would take place only after its development plan was cleared by state government and the agency started working on it.

Meet to finalize rules for mega township:

NIT will hold a two-day meeting to finalize the rules for developing a mega township near Jamtha. The township will house a population of two lakhs after it is fully completed. Once the rules are finalized it will start signing agreements with land owners for acquisition.

http://www.nitnagpur.org/pdf/Projects%20Book%202nd%20Edtn.-%20Inside%20Pgs.%20Final%20Printing-12.12.pdf