21 housing schemes application to be launched soon by JDA

http://www.gurukripa-properties.com/news.html

http://www.gurukripa-properties.com/news.html

The Jaipur Development Authority (JDA) is planning to once again invite applications to sell the vacant plots.

In 2014 and 2015, JDA had launched 21 housing schemes in its periphery and there it had developed plots of 160 square metres and 250 square metres. However, due to higher reserve price 70% of the successful applicants refused to purchase the plot due to higher reserve price.

“JDA is planning to invite applications to allot vacant plots in all the schemes.” a senior official of JDA said, As per the records, successful applicants of Uday Vihar and Abhinav Vihar and Rohini did not purchase the plots.

Residents believed that JDA’s fixed reserve price is higher for bigger plots when compared to market price. “Plots sized equal to or less than 90 square metres are allotted on comparatively less reserve price. Plot size between 90 square metres and 160 square metres are allotted on same reserve price and 260 square metre plot size is allotted on higher reserve price. This is the reason buyers are apprehensive to purchase bigger plots,” said Neeraj Sharma, a property dealer.

Moreover, the private developers are selling plots in the same area on a lower price. An official said, “No development in the JDA’s previous housing colonies is one of the major reasons behind the allottees withdrawing. Moreover, the colonies proposed are far from cities and people cannot expect any kind of development there in the near future.”