CommercialLatest Stories

Six Commercial Plots Secured in Pithampur’s Sector 7

Representative AI image INDORE: The Madhya Pradesh Industrial Development Corporation (MPIDC) has allocated land to six owners under the land pooling scheme, part of the development of the Sector 7 industrial belt in Pithampur. The allocation process involved 47 commercial plots valued at ₹47 crore, following an invitation for applications from landowners. Two owners opted for alternative locations, which will be allotted later, while seven others who could not attend will be included in a lottery supervised by officials. Himanshu Prajapati, executive director of MPIDC Indore, stated, “Any remaining compensation will be promptly settled with the allocation of residential plots…

CommercialLatest Stories

MPIDC Secures Approval for 300 Hectares in Indore-Pithampur Corridor

Representative image INDORE: The Madhya Pradesh Industrial Development Corporation (MPIDC) has secured agreement from landowners for approximately 300 hectares as part of the land pooling initiative for the planned 19.60 km Indore–Pithampur Economic Corridor, marking a major milestone in this high-value infrastructure project. The estimated cost of the corridor exceeds Rs 2,400 crore and is designed to enhance connectivity between Indore and Pithampur, a key industrial hub in the state. Officials stated that the corridor encompasses a total planning area of 1,177 hectares, comprising 954 hectares of private land across 17 villages and 222 hectares of government land. To date,…

IndustryLatest Stories

MPIDC Allocates 23 Plots in Pithampur Sector 7 Land Pooling

Representative image created by AI INDORE: On Monday, the Madhya Pradesh Industrial Development Corporation (MPIDC) allocated commercial and residential plots to 23 landowners whose land was pooled for the new Sector 7 industrial area in Pithampur. A total of approximately 9.5 hectares, consisting of 10 commercial and 427 residential plots, were assigned to landowners, valued at around Rs 49 crore. These plots were registered from September 1, 2022, to December 31, 2022. The industries department is aggregating land from private owners to develop Indore’s latest industrial expansion—Sector 7 in Pithampur—covering about 2,090 hectares, of which 600 hectares is government land,…