Rajasthan Housing Board Decided Not To Increase Reserve Price Of Land
As there is no hope of the revival of real estate market, the Rajasthan Housing Board (RHB) this year has decided not to increase the reserve prices of its land. In fact, the RHB has also proposed to slash reserve prices of many housing colonies.
According to sources, the proposal will be tabled in the board meeting scheduled to be held in the first week of September.
A proposal to sell surplus (extra) flats on 5 to 15% discount rates to the consumers will also be tabled. The move comes due to realty slump and after buyers failed to show interest in RHB houses, with more than 22,000 houses unsold.
Sources in the department said, after discount, the consumers can purchase RHB houses at Rs 5-6 lakh lower rates. A committee comprising RHB chief engineer has recommended selling these flats on instalments and on discounts to clear the existing stock. However, this would not be applicable on new schemes, sources said.
This year, RHB shortlisted properties (flats of different sizes) in for selling over the counter.
Unlike the earlier system of allotting houses through draw of lots, wherein buyers had to wait for months, people can purchase RHB houses and take possession in a single day, after depositing the house cost at the counter. Not many people came forward to buy these flats. This is why the proposal to sell these flats on discounted rates has been floated, said the source.
The proposal to pave the way for regularisation of total 81 colonies developed on the land acquired by RHB, will also be tabled. RHB will provide no objection certificate (NOC) to the Jaipur Development Authority (JDA) to hold camps to regularise these colonies.
Earlier, the state government had announced to provide relaxation in regularisation fee for residents who apply by June. However, many residents staying n these colonies failed to take advantage of the scheme due to the lackadaisical approach of RHB officials.
A source at JDA said, there are 81 colonies, which are developed on the land acquired by the RHB. In a recent letter written to RHB, we have mentioned providing NOC details of 47 colonies, if not 81. However, nothing has been done so far.
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