PRINCE KUMAR
Ranchi, Nov 27: Ranchi Smart City Corporation is once again going to organize an investors’ meet for the e-auction of 218 acres of land. The investors’ meet will be held in Bhubaneswar and Patna on November 29 and December 2 respectively.
Earlier on October 2, the corporation had invited investors to Hotel BNR Chanakya, Ranchi. The last date for registration is 6th December. Many investors have also registered to participate in the e-auction. At the same time, at the India International Trade Fair held at Pragati Maidan, Delhi, more than 40 people have shown interest in investing in Smart City.
In the first phase of e-auction, out of 656 acres of smart city area, 58 acres of land have been auctioned. This time 218 acres of land including 42 plots are going to be auctioned.
There are 16 plots available for the commercial sector with a total area of 66.78 acres, 10 plots for educational purposes with a land area of 64.57 acres. On the other hand, there are 14 plots in the mix-use sector with a total of 61.68 acres of land and two plots in the Public – Semi-Public Sector with a total of 25 acres of land.
The corporation has marked 21 percent of the land in the smart city for educational institutions. It has also been announced to give land to the top 500 educational institutions of the country at one rupee token money, but in the first phase auction, no big educational institution came forward to invest.
On the other hand, the investors of the state who are willing to open educational institutions, are looking for a small plot to open educational institutions. The State investors are also seeking relaxation in conditions for opening hospitals and medical colleges. The corporation expects that after the investors’ meet in Bhubaneswar and Patna, some big investors will come to invest in the projects of educational institutions and schools.
