Rajasthan Government Announces Relaxations for Builders

The Rajasthan State government has relaxed its policies for builders as regards limits on housing for economically weaker sections and lower income groups. Builders can now utilize land for additional construction in the wake of the relaxation policy. The policy stipulated that builders launching schemes of group housing with 5000 square meter area would have to reserve 5% of construction area of 15% of constructed units for the above mentioned two groups. 

The amendment to the policy states that houses for LIG and MIG can be reserved in one housing scheme with a quota for both, allowing him to realize greater value on prime land while using the other scheme for EWS and LIG housing.  The policy amendment came in the wake of representations by builders who claimed that such restrictions imposed a heavy burden on the buyers who directly subsidized housing for EWS and LIG. Besides, the policy proved a stumbling block for approvals by civic bodies. Another obstacle was that the rich would not want to stay in the same complex housing EWS and lower income groups since exclusivity was the buzz word. So far the implementation remained on paper since builders simply gave a written undertaking without actually taking any steps to develop flats for EWS or LIG.

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oject uses nature as an inspiration and provides harmony of environment and buildings. A five star hotel is also proposed inside the project area, with international tie up. Jain Group is famously associated with Best Western, the world’s largest hotel chain and it plans about 15 hotels throughout India by the end of 2015.

A project by the group in Siliguri costing about Rs. 200 crores is also on the cards with possession expected to be given to buyers by the end of this year.