Multiplex at Shyamla Hills soon
THE MULTI-CRORE multiplex project at Shyamla Hills is likely to roll out in a couple of months. Once completed, the project will add another aesthetic dimension to the burgeoning metro.india Updated: May 01, 2006 23:22 IST
THE MULTI-CRORE multiplex project at Shyamla Hills is likely to roll out in a couple of months. Once completed, the project will add another aesthetic dimension to the burgeoning metro.
The MP Road Development Corporation’s (MPRDC’s) ambitious project provisions a multiplex, a star hotel and club at Shyamla Hills.
“The empowered committee headed by Chief Secretary Rakesh Sahni has approved the final bidding document for the project about 3-4 days ago,” MPRDC Managing Director Mohammad Suleman told the Hindustan Times today.
He added the final bids would be invited from entrepreneurs in about a week’s time, and subsequently implementation of the project would be initiated.
He informed that the pre-qualification bids had already been invited and about seven short-listed entrepreneurs have been invited for the final bidding.
Most of the short-listed entrepreneurs are from metros like New Delhi and Mumbai while one is from Hyderabad. There is one party from neighbouring Indore, too. Suleman stated that the financial bids would take a month at the most and the construction work would begin soon afterwards.
The pre-qualification bids had been approved almost five months ago but since then there had been a little headway on the project in absence of a clear policy on the matter.
However, the State Housing and Environment Department drafted a policy for all re-densification projects and that policy came into effect from December 9, 2005 onwards. Subsequently, the MPRDC project, which had gone into a sort of moratorium for lack of any formal guidelines from the State Government, has returned to life.
The MPRDC, at one point, was even planning to get the final approval for the project from the State Cabinet. However, that could have been a problem in future as all other similar projects would have had to get the Cabinet’s nod for implementation.
But now with the policy in place, there were specific guidelines available and uniformity in norms and regulations governing such projects.
On the issue of several shanties on the proposed site, Suleman mentioned that if the slums were relocated in accordance to financial implications the entire land would be utilised or else only the PWD land, sans the portion encroached upon by slums, would be used.
“Depending on all modalities it would be decided whether the entire land was needed or just the portion belonging to PWD,” Suleman maintained.