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Home Jharkhand

Local investors want small plots and relaxation in payment schedule in Smart City

Lagatar News by Lagatar News
October 2, 2021
in Jharkhand, Lagatar News
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RAJ KUMAR

Ranchi, October 2: Investors want small plots and relaxation in period of depositing amount finalised after e-auctioning process for allotment of plots in Ranchi Smart City Project under development in 656 acre area in Dhurwa.

It came to fore during the state level investors meet organised at Hotel BNR Chanakya on Saturday to give first opportunity to local investors. Around 50 investors, accompanied by their associates participated in the meeting before the declaration of schedule for auctioning of 42 plots covering an area of 218 acre in the Smart city.

“I reside close to the Smart City and want to develop a school in Smart City but purchasing a 9 acre plot specified for residential is not possible for me. Can’t people like me get a 3-acre plot,” said Sunil Kumar Jaiswal, adding that CBSE gives affiliation to the school having 3 acre plot.

 

Managing director of Raj Hospital Yogesh Gambhir said, “There is a space for a 500-bed hospital project in the Smart City. In my opinion running a private hospital of more than 300 beds is not viable there. The cost of the plot specified for the same will come to Rs 70 crore and to make a hospital project viable, the amount that goes in the land should be less”.

“Apart from this, the time for payment has been kept at just 6 months. It is very less and not comfortable for local investors. At many places a long time duration is given for payment”, Gambhir added.

Director of Harmu Hospital, Dr Suhash Taterway, pointed out the loopholes in the medical college project in the smart city. Dr Taterway said that “Space specified for opening a medical college in the Smart City is 14 acre, while according to the guidelines of the Medical Council of India; at least 25 acre area is required to open a medical college. I think the State government does not have intention to open any private medical colleges,”

State Urban Development and housing Department Secretary Vinay Kumar Choubey speaking at the event

On which, State Urban Development and Housing Department Secretary Vinay Kumar Choubey said that the matter will be considered at a later stage.

“Development of Smart City will take time. The purpose of this meet is to take feedback from the investors. Suggestions and feedback have been well taken. It may be considered in a later stage,” Choubey said, indicating that presently nothing can be changed.

 

Earlier, investors were informed about the advantage of getting space in the Smart City, saying  that the real estate development will take place in the near future around the Smart City area having good connectivity with railways and airways.

CEO of Ranchi Smart City Corporation Limited, Amit Kumar, informed investors that the city will have 15000 houses of different categories. He said none of the residents will have to walk more than 400m to use the public transport system besides others.

Director of R.S.Agrawal Infratech Pvt Ltd Rohit Agrawal, who had taken plots in the Smart City, supported Kumar saying that the auctioning process is so easy and transparent that he had not seen the face of any one till the final letter of allotment reached home.

Managing Director of Beekay ,Vishnu Agrawal echoed the same saying that the way in which the process of development has started, Jharkhand could become one of the best states of the country. He also asked investors to extend their support.

 

 

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