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Sunday, August 12, 2012

Mihan land muddle hampering IAF plans for airbase

NAGPUR: Uncertainty over the Mihan project seems to have finally put paid to any Indian Air Force (IAF) plans for the city airbase.
IAF was operating a transport base with Russian-made IL-76 aircraft here, but the squadron was shifted last year to the northern sector. Since the land here remains under IAF, it planned to position another transport fleet here, with a probability of the C-130s acquired from US or the airborne warning and

Land Cost Appreciation

Nagpur is the largest city in central India (2001 Census) and second capital of the state of Maharashtra. It has a population of 4.6 million and it is the 13th largest urban conglomeration in India in 2001 (2001 Census).

In 2006 nagpur real estate market saw uneven appreciation in land prices. An average prices appreciated by35% apprx. In 2005, the rate of appreciation was bit low 31%.

The appreciation of the real estate investment seeing overall development like IT and heavy industry are growing at a parallel pace to push Nagpur to  highest rank in Knight Frank’s list of emerging cities,MIHAN projec, Infosys, Boeing, MRO, and many more projects like Empress city, Sahara city, Pioneer, Reliance, TCS, etc. Service and industry have created enormous employment opportunities, Demand is high for

Nagpur's Biggest Mural at SCZCC

Nagpur's Biggest Mural at SCZCC If you happen to pass by the road alongside Vasantrao Deshpande Hall in the city you cannot fail to observe 
Buldi - Fashion Street of Nagpur 
Think of street shopping and Buldi is the place that you are reminded of! The Heart of Nagpur city, Sitabuldi is always buzzing.
Nagpur – Centre of India. Well connected – East– West & North–South by 5 National Highways and 2 Rail routes. (N-S corridor passes through Nagpur). Govt. of India declared it as an International Passenger & Cargo Hub. Most conducive weather dynamics for air transportation.Wide catchments area spreading almost 500 kms. radius. Plenty of land suitable for unrestricted development available.

The Government of Maharashtra with the co-operation of Government of India is developing the existing Nagpur airport as Multi-modal International Passenger and Cargo Hub Airport at Nagpur (MIHAN) Project.
This includes the up gradation of existing airport to an International standard and expanding it by constructing the second parallel runway, most modern passenger and cargo terminal building with the state of the art facilities for passenger, baggage and cargo handling.
The whole design for the airport has been prepared by M/s L & T Ram boll Consultants along with Zurich Airport. We are following the consultants report for the development of airport and other allied facilities. This is supported by development of Special Economic Zone abutting the airport along with Rail and Road Terminal, Housing and allied facilities etc.

Work on metro to begin next year

NAGPUR: Work on Nagpur metro railway is likely to begin next year if everything goes as per schedule. Delhi Metro Rail Corporation(DMRC) has told Nagpur Improvement Trust(NIT) that it will submit the detailed project report (DPR) in September.
NIT chairman Pravin Darade said DMRC had completed the surveys and was now preparing the report. "Once we get the report, we will send it to state and central governments for approval. Then we will start the tender process," he said.
Darade added that NIT had signed the agreement for preparing the DPR with DMRC in February and given it a target to do the job in eight months. "DMRC has assured us that it will meet deadline," he said.
The DMRC had conducted five type of surveys junction, screen line, outer cordon, parking and door-to-door surveys.
The junction survey was done at prominent squares and

Infosys signs lease deed for 142 acres of land in MIHAN, Nagpur

IT major Infosys Limited  has signed the lease deed with Maharashtra Airport Development Company (MADC) for 142 acres of land in the MIHAN-SEZ at Nagpur. The company also paid the entire cost of the land at Rs 60 lakh an acre.
As reported, the move is expected to give a major boost to the Mihan project that was starved of investor activity so far. Recently, Infosys has been granted co-developer status in the SEZ, which means that it can develop the infrastructure to let it out to other units. 
MADC's vice-chairman-cum-managing director UPS Madan said the company was expected to start the work soon. Work from MADC's side was complete and now it was up to Infosys to get the lease deed registered and start work, added Senior Marketing Manager in MADC S Sittarsu.

TCS Nagpur campus work begins in MIHAN: 

THE leading IT service Company of the Country – Tata Consultancy Services (TCS) started construction of its facility in MIHAN-SEZ on Monday. Chief Minister Prithviraj Chavan liad the foundation stone of TCS Nagpur campus in presence of Social Justice Minister Shivajirao Moghe, N Chandrasekaran, Chief Executive Officer & Managing Director of the company, S Mahalingam, Chief financial Officer & Executive Director, & Ajoy Mukherjee, Global Head-HR.

U P S Madan, vice Chairman & Managing Director – MADC; Pravin Darade, Joint Managing Director – MADC, & other Senior officers were also present on the occasion .
The IT arm of the Tata

MIHAN PROJECT NAGPUR:

____________________
MIHAN PROJECT NAGPUR
MIHAN SEZ
Maharashtra is the most progressive state of India and is called economic powerhouse. The State Govt. of Maharashtra is making all out efforts to accelerate the pace of development and invite investments in the State both from the country as well as Foreign Direct Investments (F.D.I.).
Nagpur is the second capital of Maharashtra and has strategic central location in India as well as the international aviation routes. It has a great agricultural and minerals rich hinterland with huge forests. It has connectivity to all parts of India, both by National Highways as well as main trunk rail routes and also the air connectivity. Nagpur city is educational and business center of central India. In real sense, it is a cosmopolitan tier two city of not only Maharashtra but India. In recent survey it has been found that Nagpur is the second most cosmopolitan city in India after Mumbai. It has excellent roads, water, power and telecommunication infrastructure. It has been awarded as India’s No.2 green city. It has about 45 engineering colleges and about 13 medical colleges in and around the city. Every year about 10,000 Engineers and about 3,000 Doctors are graduating from these colleges.
In order to tap this potential, Govt. of Maharashtra has decided to develop a composite project called ‘Multi-Model International Passenger and Cargo Hub Airport at Nagpur’ (MIHAN). The project comprises of developing the existing domestic airport of Nagpur as an international passenger and cargo hub airport, along with a Multi Product Special Economic Zone (SEZ), which is abutting to the boundary of the airport.
The existing airport presently on about 400 Hectares is to be developed as an international passenger and cargo hub airport over a total area of about 1,295 Hectares by providing world-class huge terminal building on about 3 million Sq.Ft. built-up area, constructing a second parallel runway of 4,000 Mt. length and 60 Mt. width and an exclusive cargo complex. It will have a holding capacity of about 100 aircraft.

SALIENT FEATURES OF MULTI- MODAL INTERNATIONAL HUB AIRPORT AT NAGPUR (MIHAN):
MIHAN project area – 4354 Hectares
Runway – Existing runway to be extended from 3200 meters to 3600 meters, provision made for an additional parallel runway 4000 x 60 meters capable of handling Airbus A380 and similar aircrafts.
Projected traffic – 14 million passengers a year & 8, 70,000 Tonnes of cargo a year, by 2030 (may be earlier).
Type of Airport – International Hub Airport for Passenger and Cargo.
Type of connectivity – Multi-Model Airport, Railway Terminal for Passengers and Goods, Truck Terminal all in one project.
Special Economic Zone – operational multi-product SEZ.
Passenger amenities – Hotels, Restaurants, SPA, Duty-Free Shopping Centers, Retiring rooms.
Other facilities – Multiplex, educational, Medical, Shopping Malls etc.
Residential facilities for persons working in MIHAN related activities.
Value Added Commercial Services Complex.
Total investment will be about $ 20 billion in next five years.
Employment generated in MIHAN Project is estimated at about 1, 20,000 direct jobs by year 2018 in MIHAN area.
Note: A total of 3293.84 Hectares of land is in possession of Maharashtra Airport Development Company as on 18th December 2009. This includes 183.21 hectares govt. land transferred to MADC for the MIHAN Project
Multi-modal International Cargo Hub and Airport at Nagpur (MIHAN) is an airport project for Dr. Babasaheb Ambedkar International Airport, Nagpur. It is the biggest economical development project currently underway in India in terms of investments. The project aims to exploit the central location of Nagpur and convert the present airport into a major cargo hub with integrated road and rail connectivity.
This Project consists of "Two Parts": namely
§  An International airport to act as a cargo hub and
§  A Special Economic Zone(SEZ) with residential zone covering a total area of 40.25 km² on the southern end of Nagpur.
The Government of Maharashtra formed a special purpose entity in the name of Maharashtra Airport Development Company (MADC) for development of MIHAN. The project is financed by multiple Indian banks with total loan amount of INR 3,000 million along with investment from state government and Airports Authority of India. With a projected target of serving 14 million passengers and handle 0.87 million tones of cargo this is one of largest aviation project in India. The estimated capital cost of the project is INR 2581 crores (by year 2035) and is supposed to generate revenues INR 5280 crores. 
For more details please visit the web address- 

The project has already spurred a real estate boom in Nagpur with property prices increasing 25 to 40 percent. Project is expected to add 12 million people to city’s population by means of direct and indirect employment. The project aims at boosting the economy of under developed Vidarbha region of Maharashtra and stop the brain drain to other parts of Maharashtra and India. From environmental perspective half a million trees would be planted and there would be no polluting industries in MIHAN.
For growth of any area presence of core industries is a must and Nagpur has MIDC area, Asia's second largest air maintenance workshop, SEZ, Gitanjali Jewellery Park, Food Park and many more other projects under implementation with IT majors presence and logistics businesses. The Maharashtra government has already taken care of infrastructure availability like roads, water, power etc. Also to meet the manpower demand, Nagpur University has given sanction to 43 new Engineering colleges in and around Nagpur only. Singapore Changi Airport has been selected as the consultant for this project.
Project Details
The table below shows the areawise distribution of the land at MIHAN. This land will be utilised for different purposes as shown in the table. The total area to be covered under the project is 4025.
Areawise Distribution :

Land Distribution
Area in
Hectares (ha)
Total Project Area
4025 ha.
Airport
1200 ha.
Road & Rail Terminal
200 ha.
Captive Power House
52 ha.
IT Parks
400 ha.
Health City
60 ha.
Other Manufacturing & Value Added Units
963 ha.
International School
10 ha.
Residential, Open Spaces, Hotels, Roads, Interchange & RoB,
Water Supply, Storm Water Drainage, Sewage System,
Entertainment, Utility & Land for IAF (exchange)
1140 ha.
State government’s Maharashtra Airport Development Company(MADC) is formed in joint partnerships with equal shares from City and Industrial Development Corporation(CIDCO),Nagpur Improvement Trust(NIT), Maharashtra Industrial Development Corporation(MIDC), Maharastra State Road Transport Corporation(MSRTC) and Nagpur Municipal Corporation(NMC). Singapore Changi Airport have been selected as the consultants for the project.  Indian Air Force(IAF) is also going to come up with its own Gajraj project alongside MIHAN.
Indian Railways would have new station coming up near MIHAN to connect cargo hub with countries rail network. MADC would later play a larger role in Maharashtra for airports not owned by AAI and IAF. CIDCO has been selected as it had successfully formed the CIDCO city near Mumbai.
As the project progresses, Nagpur will see an influx of migrants adding to city’s population. The existing city bus service would not be able to cope up with this. So a new bus mass transit system would be started with combine efforts from NMC, NIT, MSRTC and MIDC each organization playing part in it.NMC and NIT are together responsible for civic administration in Greater Nagpur Metropolitan Area and MSRTC along with Indian Railways would be responsible for developing logistic infrastructure.

SOME OF MAJOR CLIENTS IN MIHAN PROJECT

INFOSYS
LUPIN
CENTRAL BANK OF INDIA
ADCC INFOCAD PVT.LTD
AMBUJA REALITY
ASCENDAS
M.S. BLUE PLANET INFOSOLUTIONS
DAYALU DALL MILL
DLF
M.S. DUKE AVIATION ENG.P.LTD
M.S FLORA CONSULTANCY  PVT.LTD
GURUDEO DATTA TECHNOLOGIES
HCL
HEXAWARE
INDU GROUP
IT SHASHTRA INDIA PVT.LTD
L & T
THE LEELA
M.S. LIPI INTERNATIONAL PVT. LTD
MAX AEROSPACE & AVIATION LTD.
MEGHE GROUP
PARAMOUNT CONDUCTORS LTD.
RMZ CORPORATION
SHAPORJI PALLONJI & CO. LTD
TAJSATS
TAL
TCS
WIPRO
VIPUL
ZEON
 "Mihan is biggest development". timesofindia.indiatimes.com(timesofindia.indiatimes.com). 2007-05-22. Retrieved 2007-05-22.

Maharashtra Airport Development Company Limited". Press Information Bureau and Ministry of Civil Aviation. pib.nic.in. Retrieved 2008-01-29.


Nagpur - Growth Nucleus of India
December 24, 2008 | ET Bureau
Nagpur is a well planned city with an excellent quality lifestyle. It is also recognized as the second greenest city in the country. Well connected by Air, Road and Railway network with large parts of the country it is at equal distance from all Metros in India and is halfway between Europe & South East Asia air distances, hence being an obvious choice as the Logistic Nucleus of India. About 47% of Maharashtra state's power is generated around Nagpur and one of the largest Industrial...

Cong to Develop Nagpur as Singapore, BJP Ridicules

Mentoring session organised by NASSCOM, VED, VASE at Nagpur evokes good response
NASSCOM to hold Mentoring Session on June 21 for SMEs at Nagpur
Infosys to set up development centre in Nagpur, inks MoU with state Govt.
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