Jaipur Mukhyamantri Jan Awas Yojana Ceiling Bid Increased By 10%

In consideration of the rise in the cost of construction material, a decision has been made after deliberation at an appropriate level, to increase the bid ceiling from Rs 1,000 per square feet to Rs 1,100 per square feet.

0
64

Jaipur Mukhyamantri Jan Awas Yojana Ceiling Bid Increased By 10%

The urban development and housing department have increased the ceiling for bid for the Mukhymantri Jan Awas Yojana by 10 per cent. The government has sighted rise in the cost of construction material the reason for the increase.

Read Also: Rajasthan Govt To Impose Resumption Charges On Plots Not Having Minimum Construction

In consideration of the rise in the cost of construction material, a decision has been made after deliberation at an appropriate level, to increase the bid ceiling from Rs 1,000 per square feet to Rs 1,100 per square feet, said a senior urban development officer.

Under the scheme launched in 2015, affordable housing units have to be developed for Economically Weaker Sections (EWS) and Lower Income Groups (LIG) on land provided by housing board and urban bodies. The private builders are invited to bid for the construction under the prescribed ceiling limit.

Read Also: Rajasthan Completed Over 3 Lakh Houses Under PM Awas Yojana

The government scheme though was facing disinterest on part of private builders and many of the projects were unable to take off in the absence of bidders. Attempts were also made to compensate the builders by offering them relaxations in applicable charges.

Even a recent proposal floated by Rajasthan Housing Board (RHB) to construct around 4,000 such affordable housing flats was unable to attract the builders.

Read Also: Rajasthan Govt Relaxation To Construction Clause On Allotted Land

The recent decision though has come just in time before the Jaipur Development Authority (JDA) announces over Rs 100 crore projects for construction of another 4,000 flats under the scheme.

Read Also: Rajasthan Government To Reduce Number Of Floors Under Govt Scheme

Source Link- http://www.dnaindia.com/

LEAVE A REPLY

Please enter your comment!
Please enter your name here