The Rajasthan Housing Board is planning to launch residential projects in smaller towns such as Bhindar, Salumbar, and Nimbahera in the coming year. The upcoming projects will be implemented in 17 cities across 14 districts of the state. Additionally, a shopping complex with 132 showrooms will be built at Pratap Nagar in Jaipur. While the 4,500 residential units have been evenly distributed across different categories, from Economically Weaker Section (EWS) to High-Income Group (HIG), the board is also set to build upmarket dwellings such as independent villas and complexes with 3BHK and 4BHK flats in Jaipur.
The Rajasthan Housing Board is planning to launch residential projects in smaller towns such as Bhindar, Salumbar, and Nimbahera in the coming year. The Urban Development and Housing (UDH) Minister, Shantilal Dhariwal, launched 4,500 residential units last week, with many of them slated for smaller towns in the state.
The Housing Commissioner, Pawan Arora, revealed that the board had previously launched an app to monitor accommodation demands in towns and cities, which helped them identify several small cities to launch residential projects this year. The upcoming projects, which will be implemented in 17 cities across 14 districts of the state, were launched by Dhariwal at his residence on Wednesday morning. Additionally, a shopping complex with 132 showrooms will be built at Pratap Nagar in Jaipur.
While the 4,500 residential units have been evenly distributed across different categories, from Economically Weaker Section (EWS) to High-Income Group (HIG), the board is also set to build upmarket dwellings such as independent villas and complexes with 3BHK and 4BHK flats in Jaipur. These projects will offer furnished and ready-to-move flats, with amenities such as security, clubhouses, and various forms of entertainment. The villas will come in two sizes (135 square meters and 105 square meters), while the 4BHK flats will measure 231.8 square meters. The 3BHK flats will be available in three sizes, with measurements of 231.8 square meters, 176.58 square meters, and 144.86 square meters.
The prices for the villas will range from Rs 1.35 crore to Rs 1.59 crore, while the 4BHK flats will cost approximately Rs 1.2 crore. The three types of 3BHK flats will cost around Rs 98 lakh, 76 lakh, and Rs 61 lakh, respectively. The housing board has managed to establish itself as financially self-sustainable over the last four years.
The Rajasthan Housing Board's decision to launch residential projects in smaller towns is a wise move. Many people in these areas struggle to find decent housing due to the lack of affordable options. By offering a range of residential units across different categories, the board is catering to the needs of a wider range of people. The launch of the shopping complex in Jaipur is also a positive development, as it will create jobs and provide a new commercial hub for the city's residents.
Moreover, the board's decision to offer upmarket dwellings in Jaipur will attract high-income earners who are looking for luxurious and comfortable living spaces. The inclusion of amenities such as security, clubhouses, and entertainment facilities will make these projects even more attractive to potential buyers. However, it is important to note that these prices may be out of reach for many people, especially those in the lower-income brackets.
In conclusion, the Rajasthan Housing Board's plan to launch residential projects in smaller towns is a welcome development. It will provide much-needed housing options for people who have been struggling to find affordable and decent housing. The inclusion of upmarket dwellings in Jaipur will also cater to the needs of high-income earners. However, it is important to ensure that these projects do not exacerbate the existing housing crisis by pricing out those in the lower-income brackets.
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