Corporate Announcement
Security Code : 533166    Company : SUNDARAM    
 
Press Release / Media ReleaseDownload PDF Download XBRL
  Exchange Received Time  22/12/2017 12:01:14         Exchange Disseminated Time   22/12/2017 12:01:20              Time Taken   00:00:06
APPROVAL FOR TRANSFER OF NAGPUR PAPER MILL INDUSTRIAL LAND TO AFFORDABLE HOUSING SCHEME UNDER PRADHAN MANTRI AAVAS YOJNA

Sundaram Multi Pap Limited owns a paper mill land unit area of 1,09,000 square meter (10.90 hectare) at Nagar Parishad, Kanhan, Pimpri, Nagpur, Maharashtra, which falls under Nagpur Improvement Trust, Nagpur.

This paper mill land was under industrial zone, however company had made an application on September 28, 2017 to the office of Nagar Parishad, Kanhan, Pimpri, Nagpur, Maharashtra, for transferring the same land title from industrial land to residential land.

Under the government rule for Public Residential Development, Nagar Parishad, Kanhan, Pimpri, Nagpur, Maharashtra, has approved and accepted the proposal for transferring our Nagpur paper mill industrial land area i.e. 1,09,000 square meters into, residential land to be used for Affordable Housing Scheme under Pradhan Mantri Aavas Yojna (Residential and/or Commercial).
 

Disclaimer

Back To Announcements