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Rajasthan government signed 27 MoUs under Housing for All scheme

Out of these 27 MoUs, 14 MoUs were for promoting housing projects with an investment of 9273 crore rupees.

Oct 14, 2015 13:30 IST
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Rajasthan government on 13 October 2015 signed 27 MoUs worth 12478 crore rupees under Housing for All scheme in housing, healthcare and education sectors in the presence of Union Minister for Urban Development Venkaiah Naidu and state Chief Minister Vasundhara Raje.

With this, Rajasthan became the first state to firm up private investments in affordable housing.

Out of these 27 MoUs, 14 MoUs were for promoting housing projects with an investment of 9273 crore rupees. These 14 housing related investment projects are expected to provide employment to 26650 persons. Total employment from the 27 MoUs signed today is expected to be 38950.

Tata Housing Development Company Ltd has committed to invest 2000 crore rupees in affordable and mixed use township over an area of 10.12 hectares. While, Mahima Real Estate Private Ltd has signed MoU with the state government to invest 1700 crore rupees in affordable housing and group housing.

Two more firms including National Building Construction Corporation (NBCC) and Wish Empire have undertaken to invest 500 crore rupees each in Rajasthan.

Other MoUs signed were related to Medical and Health Care, Education, Industry and Tourism in different parts of Rajasthan.

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