LMC will soon start the construction of housing apartments and commercial buildings on its vacant land, with the project receiving green signal from the state government.
Additional municipal commissioner, Amit Kumar said, “The state government has approved LMC’s proposal to build and sell apartments as well as commercial units. It will help the corporation increase its revenue in the coming years. Though construction of the flats and its occupancy after sale will take time, we have already identified the land for constructing the apartments.”
LMC has identified a vacant space in Indiranagar, where it will construct around 100 middle income group (MIG) flats. The 500sq metre land was taken into LMC custody after conducting an anti-encroachment drive to remove the illegal occupants.
