Rajasthan first state to firm up private investments in affordable housing; 4 MoUs signed
Tata Housing Development Company Ltd has committed to invest Rs.2,000 cr in affordable and mixed use township over an area of 10.12 hectares. Mahima Real Estate Private Ltd has signed MoU with the state government to invest Rs.1,700cr in affordable housing and group housing followed by National Building Construction Corporation (NBCC) and Wish Empire who have undertaken to invest Rs.500 cr each in Rajasthan.
The 14 housing related investment projects are expected to provide employment to 26,650 persons. Total employment from the 27 MoUs signed today is expected to be 38,950.
Other MoUs related to Medical and Health Care, Education, Industry and Tourism in different parts of Rajasthan.
Speaking on the occasion, Shri M.Venkaiah Naidu complimented Rajasthan for being in the forefront of implementing new urban sector initiatives. He said that the MoUs mobilizing investments in affordable housing will act as light house to others. Shri Naidu further said that Rajasthan was the first state to submit AMRUT action plan to the Ministry of Urban Development, first to identify 40 cities for taking up housing projects under Housing for All Mission in urban areas and the first state to ensure complete convergence in implementing Smart City Mission, Atal Mission (AMRUT), Heritage Mission and Housing Mission.
Shri Naidu noted that there is a new churning and new beginning by urban local bodies and the States since the launch of Smart City Mission and a new enthusiasm to address the challenges of urbanization in the country.
The Minister said that recasting of country’s urban landscape is a challenging task given the inadequacy of basic infrastructure in urban areas which also offered immense investment opportunities. The Minister gave details of the benchmarks and actual availability in respect of basic services pointing out gaps in the range of 31% in respect of toilets and to a high of 96% in case of reuse and recycling of urban waste.
Gaps
in availability of infrastructure in urban areas:
S.No |
Indicator |
Benchmark |
National average |
1 |
Coverage of water supply connections |
100% |
50.20% |
2 |
Per capita supply of water |
135 litres per capita Per day |
69.20 lpcd |
3 |
Extent of metering of water connections |
100% |
13.30%
|
4 |
Extent of non-revenue water(water being supplied without recovery of charges) |
20% |
32.90% |
5 |
Availability of water supply |
24 hours |
3.10 hours |
6 |
Cost recovery in water supply services |
100% |
38.80% |
7 |
Coverage of toilets |
100% |
69.50% |
8 |
Coverage of sewerage network services |
100% |
12.20% |
9 |
Adequacy of sewage treatment capacity |
100% |
5.30% |
10 |
Extent of reuse and recycling |
20% |
4.00% |
11 |
Door to door collection of solid waste |
100% |
35.00% |
12 |
Segregation of municipal solid waste |
100% |
10.80% |
13 |
Quantity of waste being processed |
80% |
14.50% |
14 |
Scientific disposal of solid waste |
100% |
9.70% |
15 |
Coverage of storm water drainage network |
100% |
45.80% |
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