Mohali : The Punjab Industries Department has sought partnership in the information technology (IT) project of the Greater Mohali Area Development Authority (GMADA). The project is being set up on 1,800 acres of land next to the upcoming international airport. “Since the project will have 40 per cent industrial component, it will be beneficial for the Industries Department to participate in the project as similar projects are being planned in Ropar, Rajpura and other parts of the state,” principle secretary Industries SS Channy wrote in a communiqué to the secretary of the Housing and Urban Development, Dr SS Sandhu. Sources in the housing department said the proposal of the Industries Department would be taken up in the next meeting of the board of members of GMADA. Participating in the project will mean that the Industries Department will have to partner in acquiring 1,800 acres of land. The land is expected to cost around Rs 2,700 crore. GMADA Chief Administrator VP Singh said any decision on the request of the Industries Department would be taken at the highest level. Incidentally, GMADA is set to notify the Section 4 of the Land Acquisition Act as part of the land acquisition proceedings. The expected land acquisition rate is expected to be around Rs 1.50 crore, as has been in case of Aerocity. “ By all terms, it will be the largest acquisition in Chandigarh’s periphery in the last decade,” pointed out a GMADA official.
The sources said it was due to the overwhelming response of the Aerocity project, located perpendicular to the proposed IT city, that the Industries Department was keen on tapping the industrial component. This was primarily due to its strategic location near the upcoming international airport. Unlike phase 1 and phase 2 of the Rajiv Gandhi Chandigarh Technology Park of the UT Administration, Manimajra, that offered around 350 acres of land, the integrated IT park would offer plots of varying sizes in 1,800 acres of land. Apart from the IT component, the city would offer limited residential and commercial components.
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