MP Housing Board Plans Over Rs 3,000 Crore Housing and Commercial Projects in Bhopal, Jabalpur, Gwalior

Bhopal: The Madhya Pradesh Housing Board is preparing to develop residential and commercial projects worth more than Rs 3,000 crore in three major cities of the state: Bhopal, Jabalpur and Gwalior.

The projects aim to provide more than 2,000 affordable and luxury homes, along with over 1,000 shops, showrooms and office spaces. The board is focusing on redevelopment and redensification so that available land can be used better to develop urban facilities.

Among these, the Professor Colony project in Bhopal will be the largest, with estimated spending of more than Rs 2,000 crore. In Jabalpur, a Rs 480-crore mixed residential-commercial scheme at Dhanwantari Nagar has been approved, while work is under way on the Gwal Sagar project in Gwalior. The projects are also to be showcased at the upcoming Urban Conclave. The tender for the Jabalpur project will be issued soon. Efforts are also being made to launch the Bhopal and Gwalior schemes soon.

Bhopal: New Detailed Project Report for Professor Colony

The Professor Colony project in Bhopal had reached the National Green Tribunal (NGT) because it is close to Chhota Talab. The Collector's office has now been removed from the project, and a revised detailed project report (DPR) is being prepared. Facilities such as wide roads and parks will be developed along with residential buildings.

The DPR for the Central Vista project in Bhopal, estimated at about Rs 1,500 crore, has also been prepared. It is expected to give momentum to residential and commercial development plans in the capital.

Jabalpur: Tall Buildings Proposed at Dhanwantari Nagar

The board has approved the Rs 480-crore scheme at Dhanwantari Nagar in Jabalpur. The mixed project will be developed over about 6.36 acres and will have 1, 2, 3 and 4 BHK flats, a shopping complex, shops and office space.

Buildings up to 60 metres tall are proposed, which will be among the tallest in the city. The plan includes 38 large office halls and 112 shops. More than 1,000 parking spaces are proposed.

Gwalior: Project Worth More Than Rs 300 Crore

Spending on the Gwal Sagar project in Gwalior is estimated at more than Rs 300 crore. A residential scheme is also being prepared in the bypass area. The board has already approved Suryanagar Phase-2. These schemes will increase housing options and also create new space for commercial activity.

High-Rise Buildings Planned

Housing Board chairman Om Jain said the board is working speedily on high-rise buildings in line with the Chief Minister's wishes. He said the tallest building in Jabalpur will come up at Dhanwantari Nagar and will be a milestone for the city's development. Its tender will be issued soon.

He added that preparations are also under way to launch big residential and commercial projects in Bhopal and Gwalior soon.