1300 Low-Cost Houses in Shantinagar Odisha Under Smart City Mission

Latest Housing News, Schemes & Projects | By Rajkumar

The construction of 13,00 low cost houses under Smart City Mission has been approved by the government to fulfil the dream of lower section in Shantinagar Odisha.

A P Padhi, the chief secretary of empowered committee on infrastructure (ECI), allowed the smart city authorities to float tender to attract private players to develop the project as the affordable housing scheme in the public-private partnership (PPP) mode.

These low cost houses would be constructed in Shantinagar through PPP mode. Land for the construction of housing units would be provided by the state government.

This is the first affordable housing project under Smart City Mission. The officer informed that around 7 lakh would be spent for construction of a single house, it would cost only Rs 1.5 lakh for a beneficiary to get the house. While the Centre government would grant Rs. 1 lakh for each housing unit, the remaining amount would be spent by the state government and private developer.

The genuine beneficiaries for the project would be selected by Bhubaneswar Municipal Corporation and these beneficiaries would be selected from among BPL (below poverty line) category.

As per the policy of the PPP project, the private development who would partner with state government for constructing affordable housing units, would allowed to use 35% of the total space for commercial developments.

The ECI also approved a proposal of the Bhubaneswar Municipal Corporation (BMC) to set up six hospitals (low cost) in the city under the PPP mode. While all the hospitals will have a total of 800 beds, at least 359 will be reserved for the BPL card holders.

To increase urban mobility in Balasore, the panel decided for plying of town buses in Balasore municipality area under the Jawaharlal Nehru National Urban Renewal Mission. Balasore is among the nine urban places of the state included under Centre’s ambitious Atal Mission for Rejuvenation and Urban Transformation (AMRUT) scheme.

This apart, the chief secretary-led committee also approved a proposal for construction of 23 rice storage godowns in different parts of the state.

Source: https://realty.economictimes.indiatimes.com/news/residential/1300-low-cost-houses-to-come-up-in-odishas-shantinagar-under-smart-city-mission/56095467

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