Agreement signed between JDA & JMRC to resolve issues

Jaipur: An agreement was signed between JDA and JMRC on Thursday to resolve the long-pending dispute of Metro Enclave located on B2 Bypass. JMRC Director (Company Affairs) Mahesh Bhuradia and JDA Secretary Ujjwal Rathore signed the agreement in presence of Principal Secretary of UDH, Kunji Lal Meena. The agreement was finally executed after a series of deliberations were held over terms & conditions between the two govt bodies. Officials informed that JMRC will soon transfer the land of JDA, following which, lease deeds will be issued to investors. “JDA will pay Rs 318 cr to JMRC in lieu of transfer of land. JMRC was allotted 1.48 L sqmtrs,” informed an official.