DelhiScoop.com
HOME | TOURISM | INFO TECH | NEWS | REAL ESTATE | HEALTH | INFRASTRUCTURE | EDUCATION | CONTACT US - SANJAY @ 98 119 87371

Makeover plans for KMDA (Kolkata Metropolitan Development Authority) complex


By Dr arvind, Section Development
Posted on Tue Oct 17, 2006 at 05:40:38 AM EST

The Kolkata Metropolitan Development Authority (KMDA) doesn't want to miss out on the realty boom. It has set out to make the "best use" of the land in its possession, beginning with the Manicktala Housing Estate which will make way for a residentialcum-commercial complex.

KMDA plans to pull down all the dilapidated buildings within the estate to make space for the new complex spread over 6.5 acres. There will be four ten-storey blocks, totalling 1600 flats. The residential complex will have two large playgrounds, a children's park, a market complex, a community hall with a library and all basic civic facilities. The project is expected to cost Rs 64 crore.

"The authorities have been working for quite some time on a plan to revamp the Manicktala Housing Estate. It's now part of the KMDA's schemes," said the agency's additional director (socioeconomics) Kalyan Roy. The authorities are mulling whether to implement the project on public-private partnership.

Click on "Full Story" for more...

The Manicktala Housing Estate was set up way back in 1974 as a `work-cum-living accommodation' for KMDA employees. It has 486 flats (mostly two-room ones) and a playground. More than 70% of these flats are lying vacant as many of the residents have shifted to the urban development department's EE Block housing in Salt Lake. Those who are still living in the complex pay a very negligible rent of Rs 93 per month not enough to meet even maintenance expenses. With no repairs undertaken for many years, the existing buildings have become rusty and dilapidated.

"It has become very difficult for KMDA to maintain the housing complex since there is virtually no revenue. KMDA hopes to get Rs 20-22 crore revenue from the new complex because the site is located at a very strategic area near Ultadanga," said P B Nag, secretary of KMDA Development Employees Joint Action Committee.

From: TOI, OCT-17,06

< Govt gets poor marks in paying scholarship funds | Board rings in changes in JEE examination (Joint Entrance Examination) >
Display: Sort:
Display: Sort:
Win A Jeans Twice a Week
&
Win A Kurta 7 Days A Week
MEMBERS AREA

Make a new account

Username:
Password:
 ACTION CENTER

Internet Services

Who's Online? (9)

. Unregistered Visitors (9)

Note: You may cloak yourself from appearing here in your Display Preferences.

Site Stats

No Access

Recent Comments

. GOOD ATTEMPT (khurshid anwar)

. Private investment is must for countries growth (khurshid anwar)

. comment (syeedunsyd)

. comment (syeedunsyd)

. Gift Tax (Mrs Gupta)

. DTDC (tanay253)

Recent Member Diaries


More Diaries...

Front Page

Thursday January 1st
. Infrastructure Plans Stall As Developers Shy Away From Bids (0 comments)
. Retailers Expect To Gain From Falling Rentals,Focus On Special Segments This Year (0 comments)
. ICICI Slashes Home Loan Rate - EXISTING CUSTOMERS WILL BE BENEFITED TOO (0 comments)
. The Real Estate Market - 2009 (0 comments)

Tuesday December 30th
. Oversupply In Commercial Real Estate Likely To Continue in 2009: Cushman & Wakefield (0 comments)
. Plan To Turn Kolkata's 186-year-Old Mint Into India's First Currency Suseum Stalls (0 comments)

Monday December 29th
. Rs 1,947 cr For Kolkata Airport's Makeover (0 comments)
. Jai Balaji Gets 750 acres For Integrated Steel ,Power And Cement Plant In Purulia (0 comments)
. Garbage Power In Civic Recycle Bin (0 comments)
. Tourism Plan To Save Wetland,Develop Eco-Tourism To Stop Illegal Constructions,Civic Body Tells Govt (0 comments)

Sunday December 28th
. Govt May Adopt Indonesian Model For Affordable Housing, Hints Panel (0 comments)
. Housing Projects Hit Hard In West Bengal And Particularly In Greater Kolkata (0 comments)
. Genpact To Return Unused Land In Bengal (0 comments)

Saturday December 27th
. Kolkata Airport Modernisation Project To Get New Wings (0 comments)
. Panel For Bifurcation Of Six Districts Of The State (0 comments)
. `In Sync With Industry Sentiments': CM of CREDAI, Kumar Gera In An Interview (0 comments)
. Forest Dwellers Of Bengal Will Get Rights Of The Forest Land Under Their Possession (0 comments)
. Banks Begin To Revalue Properties As Prices Fall (0 comments)

Friday December 26th
. Prop For Select Home Loans, Govt Offer A 5 per cent Interest Subsidy On Loans Up To Rs 1 Lakh (0 comments)
. No Cheer For Realty: With Most Developers Losing Up To 79% Of Their Market Capitalization This Year (0 comments)
. Govt Will Not Recruit Anybody On Contractual Basis,All Recruitment From Now On Will Be Permanent: CM (0 comments)

Thursday December 25th
. Kolkata's Realty Players Diversifying Into Education (0 comments)
. Unreal Realty: Cos Rejig Office Space To Cut Costs (0 comments)
. Relief For Realty And The Housing Sectors Likely in 2nd Package: Nath (0 comments)
. Govt Likely To Tighten SEZ Approval Norms (0 comments)

Older Stories...


All trademarks and copyrights on this page are owned by their respective companies. Comments are owned by the Poster. The Rest (c) GurgaonSCOOP.com and QBTPL.
submit story | create account | faq | search