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Nagpur civic body signs MoU with South Korean company for developing low-cost houses

Nagpur In a major boost to Smart City project in the city, the Nagpur Municipal Corporation signed a memorandum of understanding (MoU) with Korea Land and Housing Corporation (KLHC) of South Korea in Mumbai on November 16.

KLHC will help NMC in developing some areas in Chinchbhuvan as Smart City. “It will provide all infrastructure facilities. The project will start with town planning scheme followed by future development of that area. Apart from funding, the Korean agency will share technical knowledge while NMC will do facilitation work,” Municipal Commissioner Ashwin Mudgal told TOI.

Source: Magic Bricks