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Indore Development Authority game for land to international cricket stadium Back To Main

28-Sep-2012

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INDORE: Madhya Pradesh Cricket Association (MPCA) has asked for 35 acre of land on super corridor for developing state-of-the-art international stadium, said IDA CEO Deepak Singh adding the authority is willing to give land for the proposed sport complex.

Union minister and MPCA president Jyotiraditya Scindia during his recent visit to the city had hinted at developing new international stadium on the super corridor.

"The MPCA has given us in writing showing interest in land on super corridor for development of their new international stadium," said Singh, adding that soon they would issue notice for sale of land as per their guidelines and the MPCA can get that land by paying prescribed amount.

He said the IDA already has proposal to develop sport complex on 100 acre of land, out of which 35 acre of land is on the super corridor and remaining 65 acre is beyond that which the IDA has to acquire. In case of sport complex, the IDA do not has option to give certain portion of developed saleable land to farmer against their land. Thus the IDA will have to acquire the land by paying compensation. "The money that we will get from the MPCA against 35 acre of land will be used for acquisition of remaining 65 acre of land for proposed sport complex," said Singh, adding that arrival of MPCA at proposed sport complex will also inspire others to participate in proposed sport complex. They expect that arrival of the MPCA will add value to their proposed sport complex. The IDA is also planning to market it at the upcoming investors summit.

The IDA will also showcase its super corridor and medical hub at the investors' summit. "Big hospital groups like Apollo, Forties etc has shown interest in medical hub and we are expecting few more players at investors' summit," he said, adding that they are expecting good response to their proposed projects from investors at the summit.