This story is from January 19, 2020

JDA eyes Rs 122 crore from sale of land to industries

The Jaipur Development Authority (JDA) has decided to earn revenue after transferring its land to Rajasthan State Industrial Development & Investment Corporation Ltd (RIICO). The civic body is expecting to earn Rs 122 crore by selling its land to industries after it transferred approximately 62 hectares of land in Bagru.
JDA eyes Rs 122 crore from sale of land to industries
Jaipur Development Authority office
JAIPUR: The Jaipur Development Authority (JDA) has decided to earn revenue after transferring its land to Rajasthan State Industrial Development & Investment Corporation Ltd (RIICO). The civic body is expecting to earn Rs 122 crore by selling its land to industries after it transferred approximately 62 hectares of land in Bagru.
According to official, the decision was taken after the proposal received a nod from the Urban Development and Housing (UDH) minister Shanti Dhariwal.

The JDA will also prepare the list of properties which has been put under the hammer several times but could not find buyers.
As the real estate sector is going through a slump and the JDA is battling to meet its targets, zone commissioners of the civic body have been asked to earn revenue if they wanted better grades in the annual confidential report (ACR).
A JDA official said, “Zone commissioners will identify the reasons why these properties did not sell. Bigger plots, which are out of reach of buyers, will be reduced in size. To earn revenue, the zones will also focus on collection of lease money.”
The civic body will also run a special auction campaign to sell its property. The JDA will also introduce lotteries to sell its unsold plots in existing housing schemes.
As JDA has many schemes in far-flung areas, not many residents have applied to buy those in the past as the authority failed to provide even basic facilities.
Due to lack of power and water, the sites of these colonies continue to wear a deserted look. An official source said since 2005, the civic body has launched 31 housing schemes, but most of those are still unoccupied.
After the BJP government came to power, the JDA launched many housing schemes after a gap of four years. The cash-strapped body earned a revenue of Rs 700 crore from those schemes. However, this money was not spent on developing these colonies.
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