Lands allotted to seven firms for resorts, parks

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In another major step for exploring the State’s tourism potential and brining socio-economic benefit to the community, the Odisha Government has allotted lands to seven projects in diverse sectors according to an official release on Thursday.

The lands for the projects were sanctioned in a land allotment committee meeting held under the chairmanship of Chief Secretary Aditya Prasad Padhi wherein Tourism Secretary Vishal Kumar Dev presented the investment proposals.

While giving nod to the proposals, Padhi directed to fix commencement and commissioning timeline against each project. The allottees were asked to commission the projects within three years from the date of taking over possession of the land.

Dev said, “The lands have been allotted for seven projects in different parts of the State after due diligence and technical assessment for land requirement. These projects will bring in an investment of Rs 354.34 crore. The projects will be developed over a total area of around 79.5 acres, out of which Government has decided to allot around 42.5 acres. Some project proponents have arranged balance land on their own privately.

These projects, apart from creating direct employment opportunities, also have potential for large indirect employment.”

The projects include a golf resort at Satpada, Puri to be developed by the Mayfair Hotels & Resorts Ltd with an investment of Rs 125 crore;  Gopalpur Palm Resort at Udayapur, Ganjam to be developed  by the Swosti Vacations Club Pvt Ltd with an investment of Rs 64.58 crore; a 4-star hotel at Trisulaia, Cuttack to be developed by the Lalchand Resort Pvt Ltd with an investment of Rs 54.50 crore; a resort at Gopalpur to be developed by the Luxurio Assets Pvt Ltd with an investment of Rs 49.80 crore; a resort at Tampara, Ganjam to be developed by the Lifeline Multi Venture Pvt Ltd with an investment of Rs 49.80 crore; a water park at Basantpur near Sambalpur to be developed by the Aquamagic Water Amusement Park with an investment of Rs 7.50 crore; and a Theme Park & Resort near Rourkela to be developed by the Krishna Holdings with an investment of Rs 3.16 crore.

Daily Pioneer
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