2,500 houses to flag off New Raipur

Chhattisgarh Housing Board (CHB) will build about 2500 houses of different types at the proposed site of the new capital.

The board was likely to spend more than Rs 300 crore on the project, the first housing project in Naya Raipur.

"The board has finalised the design for the project and has selected land in the proposed new capital site," Chhattisgarh Housing Board chairman Subhash Rao told Business Standard.

The board was working to finalise the price of different models of the houses to be built under the project.

The land selected by the state-run housing board was near Rakhi village adjacent to the proposed Mantralaya premises.

The houses were priced in the range of Rs 2.5 lakh to Rs 30 lakh, Rao said.

The board would construct 400 separate houses in the area to rehabilitate the people of Rakhi village that government would acquire for the new capital project.

Rao said booking for the new houses would start from next month.

Construction work would take off by October this year.

The board aimed to complete the project in two years.

With the state-run housing board getting the government¿s nod to start construction work for the residential premises, it had now formally started work on the new capital project.

The New Raipur Development Authority (NRDA) was finalising the draft for inviting tenders for roads construction in the area.

Earlier, some private housing companies including Sahara City and Omaxe Limited had planned to construct residential premises in the area.

The state government refused to grant them permission.