Indore’s development runway: Make the Super Corridor a CBD like BKC and New Noida

CBD i.e. Central Business District is the developed part of the city which is the centre of business activities. In India, Chandra Kurla Complex of Mumbai, GIFT City of Ahmedabad and New Noida after Greater Noida in Noida are big examples of this. The world’s largest CBD city is Midtown Manhattan.

Apart from this, Chicago, Mexico, Moscow, Sydney, Melbourne, Rio-de-Janeiro, Shanghai, Singapore are also in this list. The same dream was seen while building the super corridor for Indore. Now the foundation stone of the economic corridor is being laid. The draft plan is going to be released this month. The concept is to take Indore’s development to a high flight.

The runway should be built in this 31 km area. The 19 km long M corridor and the 12 km long Super Corridor will be connected to Korea Highway and Pithampur Sector. There is a plan to develop it like a Superonline Corridor.

Indore; Super Corridor / Economic Corridor

Draft plan ready, area also marked: Efforts to speed up new construction 10 times in two years by increasing connectivity

60% additional development completed

1. The draft plan of the Economic Corridor which has become a Super Corridor is also ready.

2. The area is prescribed. The boundaries are also fixed. 3. 60 percent of the internal development related to the super corridor is complete. There is no problem in the infrastructure. The planning is done on the lines of CBD. There is also water, electricity and sewerage line.

4. The north-west area of ​​the city is full in every way. The land is vacant right now. Hence there is no problem in development. The need is to implement the planned plan on time.

Super Corridor Major IT, Education Campus here • TCS to camp on 100 acres with an investment of 500 crores, each mall worth 1000 crores, more than 5000 jobs.

Discussions with farmers have been held and the plan for the economic corridor has been prepared. The government has given permission for the land acquisition process. Discussions have also been held with farmers regarding this. Here we will have to build a business hub, fintech and global city, co-working space connectivity and new constructions. If work is done according to this strategy, then according to Nartapana Trade, Goa is likely to develop 10 times faster.

* Infosys, a company with an investment of 800 crores, has a campus spread over 10 acres, exports of 700 crores, employment of more than 1300 people, the company is expanding.

* Technology work started with an investment of 200 crores, exports worth 150 crores, employment opportunities for more than 500 people • 17 acres of land given to L&T IT wing, work will start soon • Preparations are on to bring hotels of Taj Group of Raza Group, Dubai as well. There are more than 3000 students in Picamposis.

Mumbai: BKC

became a symbol of Indian business on the global stage

Developed on the lines of the Central Business District, the Bandra-Kurla Complex has become a symbol of business and financial activity as well as employment, innovation and Indian business at the global level. Modern infrastructure and economic activities are attracting companies.

40 thousand rupees

The price of working space along with land here is up to Rs. per square foot

employment opportunities

BKC has emerged as a major business center. There are high end salary jobs as well as middle and lower salary jobs here. There is three times more employment here than direct employment.

Initial plan

The Bandra-Kurla Complex was conceived in the 1970s in response to the shortage of space at Nariman Point. The plan was prepared by the Mumbai Metropolitan Region Development Authority.

Choose location

The barren and flood-prone land near the river between Bandra and Kurta was developed as a commercial area.

Development process

The authority started development in 1977. The first phase started in the 1980s. Banks, corporate houses, embassies, stock exchanges were built here. The complex is built on about 900 acres of land.

Ahmedabad: Gift City

Competition from Dubai, Singapore, London to become financial hub

Smart City is India’s first operational smart city. Its main objective was to create a world-class financial, IT and FinTech hub that can compete with the world’s leading financial hubs like Dubai, Singapore and London.

600 billion

Dollar transactions are taking place, becoming a hub for foreign exchange transactions.

Employment opportunities

More than 28 thousand professionals are working here. There are offices of 580 institutions. There are offices of 14 Indian banks, 5 global banks, 25 insurance companies including Google, Morgan Stanley.

Initial plan

Gujarat International Finance Tec-City (GIFT City) was conceived in 2007 to take Gujarat’s image as a good industrial state to the global level.

Choose location

In order to create an investment environment and generate large number of jobs, it was decided to build GIFT City within a radius of 8 km from Gandhinagar.

Development process

It was planned by East China Architectural Design and Research Institute. The first phase started in 2011. Construction was done on 886 acres. After the expansion plan, the area will become 3400 acres.

Noida: Global City

After Noida, preparation for New Noida and Finance City

Noida, an important city of Delhi NCR, is in the news recently due to the construction of Jewar Green Field Airport. Master Plan-2041 has been approved to make New Noida a global city. Finance City is also taking shape. American, Korean and Japanese cities will be established here.

64362 crores

Investment worth Rs. came from this commercial hub in last five years

Initial plan

The development of Noida started in 1976. First of all, the plan for Greater Noida was made by including the land of 37 villages. Greater Noida Phase 2 i.e. New Noida has been planned.

Employment opportunities

4.48 lakh jobs have been created in 4 years.

Here 17% space has been kept for residential, 10% commercial, 25% industrial, 13.2% for road, metro and train and 22.5% for greenery.

choose location

144 villages of Gautam Buddha Nagar, Bulandshahr, Hapur, Dholna will be acquired in New Noida. It will be built for a population of 37 lakh in 17 years.

Development process

In the first phase, about 9000 hectares of land will be acquired. 3 thousand hectares will be developed by 2027. It will be developed in Dadri and Bulandshahr areas near Delhi. Noida is a developed city. New Noida will be developed as a high-tech city.

Source: https://sampratiproperties.com/indores-development-runway-make-the-super-corridor-a-cbd-like-bkc-and-new-noida/