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Gandhinagar all set to get a ‘vibrant’ trade centre

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Express news service

Posted: Feb 03, 2008 at 0135 hrs IST

Gandhinagar, February 2 In a bid to add an element of corporate culture to the state capital, the Narendra Modi Government has mooted a proposal to create a distinct "Vibrant Gujarat Trade Centre" in Gandhinagar, under which leading industrial houses will be allotted plots of land to construct corporate offices.

In fact, some of the major corporate houses, including Adani Group, Essar, DLF, Reliance, Rahejas and Torrent have already expressed willingness to open their offices at the proposed Centre in Sector 11, a senior official in the State Industries department told Express Newsline on Saturday. The government is developing the area into a commercial zone where at least half-a-dozen business and commercial complexes have already come up.

According to a Government Resolution (GR) issued by the Roads and Building department, the industrial houses wanting to set up their offices at the proposed trade centre will have to form their own society registered under the Registration Act. This society having members from corporate houses will be handed over plots at the prevailing market prices. The government has fixed 1,000 square metres as a minimum ceiling of a plot, and maximum of 10,000 square metres for prospective clients.

The society to be formed by corporate houses will have to create and maintain all necessary infrastructure and common facilities like roads, water, drainage and parking and club house at the proposed trade centre on their own, as the government will not bear any expenditure on this. The land on which this infrastructure is to be created will be in the possession of the Roads and Building department, said the resolution.

A senior official said that the government had set up a three-member committee comprising Secretaries of the Finance, Urban Development and R & B departments to decide market prices of the land to be allotted for the purpose.

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