NIT TO PUMP `400 CRORE INTO CON­VERT­ING GOKULPETH MAR­KET INTO 21-FLOOR SHOP­PING MALL

Shopping Center News - - NEWSMAKER NATIONAL -

The Nag­pur Im­prove­ment Trust (NIT) plans to re­vamp the hap­haz­ard Gokulpeth mar­ket by con­struct­ing a shop­ping mall with two floor base­ment park­ing and G+21 floors. In­stead of seek­ing funds from the State govern­ment, the civic agency pro­poses to de­velop the pro­ject on de­sign, build, ͤnance, op­er­ate and trans­fer (DBFOT) ba­sis as re­ported by Times of In­dia.

NIT has al­ready floated an ex­pres­sion of in­ter­est, invit­ing pri­vate com­pa­nies to de­velop the pro­ject. A pre-bid meet­ing was con­ducted on Jan­uary 21, 2018 and the last date for sub­mit­ting the ten­der was Fe­bru­ary 9, 2018.

“All ef­forts are be­ing taken to de­velop the pro­ject in a time-bound man­ner. We are hop­ing for a good re­sponse from pri­vate com­pa­nies for the pro­ject. We have pre­pared a ten­ta­tive plan for the pro­ject. De­vel­op­ers can also come up with their own plan. The con­di­tion is to ac­com­mo­date ex­ist­ing lease­hold­ers of shops al­lot­ted by NIT and also Nag­pur Mu­nic­i­pal Cor­po­ra­tion (NMC),” Deepak Mhaisekar, NIT Chair­man, was quoted by the na­tional daily as say­ing.

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