Allotment of MIDC flatted estate may be delayed further

NASHIK: Maharashtra Industrial Development Corporation’s (MIDC) flatted estate building project at Ambad , which houses 200 outlets, is likely to be delayed another three months as the model code of conduct has come into force with the announcement of Lok Sabha elections.

Industrial associations have expressed disappointment at the slow pace of work by MIDC.

The regional office of MIDC sent a proposal to slash rates of the outlets to the board of directors of MIDC, but with the imposition of the code of conduct, a decision in the matter is likely to be deferred and that may delay allotment of outlets by about three months.

The flatted estate project is ready and lying idle for the past one-and-a-half year. MIDC is yet to start allotment of outlets. “We had finalised rates of outlets at the flatted estate building, but there had been demand by industries to slash rates. Accordingly, we revised the rates and sent a proposal to the head office of MIDC in Mumbai, which has sent it to the board of directors that will decide on the issue,” said sources MIDC.

The official added that MIDC will start allotment of outlets once approval from the board of directors of MIDC comes.

“We have been demanding allotment of outlets at the flatted estate building, but MIDC is going very slow. The flatted estate building is ready and idle for the past one-and-a-half years, but nevertheless allotment of outlets is yet to begin,” Manish Rawal, chairman, infrastructure committee of Nashik Industries & Manufacturers’ Association (NIMA) said.

The rates need to be slashed, but the authority is taking so much time. Actually, MIDC should have slashed rates of outlets and started allotment before the Lok Sabha elections dates were declared on Sunday evening, he added.

MIDC has built flatted estate building in Ambad industrial estate of MIDC in the city, which houses total 200 outlets in different sizes ranging from 500 sq ft to 2,000 sq ft. Earlier, MIDC had quoted Rs 5,000 per sq metre, but industrial associations had urged the authority to reduce the rates.