- January 14, 2017
- Posted by: amdaindia
- Category: Urban News
The state government of Odisha recently approved a proposal for construction of 1,300 low-cost houses under the Smart City Mission.
The empowered committee on infrastructure (ECI) led by Chief Secretary A P Padhi allowed the smart city authorities to float a tender to attract private players to develop the project as the affordable housing scheme in the public-private partnership (PPP) mode. “The low-cost houses would come up in Shantinagar,” said state PPP cell head P K Jena.
The state government would provide around 10 acres of land on the periphery for development of the housing project.
While around seven 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 would grant Rs 1 lakh for each housing unit, the remaining amount would be spent by the state government and private developer, said an officer, adding, the scheme would be the first housing scheme under the Smart City Mission.
After completion of the project, the Bhubaneswar Municipal Corporation would select beneficiaries from among the below poverty line (BPL) category under the project.
According to sources, the private player that would partner with the state government to develop the housing units would use 35% of the total space for commercial projects.
Source : urbannewsdigest