Surprise! Rajkot Municipal Corporation reduced the price of flats by 25%!

Earlier, a house buyer of Rs 24 lakh was given Rs. Will get after 6 lakh! For the first time in history, only 4 beneficiaries out of 12 MIG class flats

Rajkot: For the first time in Rajkot, the Municipal Corporation has taken a surprising decision in the housing scheme for the poor-middle class. After the construction of 1267 houses of Middle Income Group (MIG) class two and a half years ago, a flat of three bed hall kitchen with 60 sq.m. carpet cost Rs. Despite asking for applications three times at this price of Rs 24 lakh, the beneficiaries could not be found. 18 lakh has been proposed to the Standing Committee.

According to Manpa sources, two years ago, there were three draws between February 2020 and October 2021 in which 499 houses were allotted. However, only 4 out of those who got accommodation accepted the allotment letter. Due to this, a total of Rs. Out of the Rs 302 crore that was to be recovered, only Rs 36 crore has been recovered and the remaining Rs 270 crore is stuck in vacant houses.

Therefore, these flats located in Westzone location are now priced at Rs. It is proposed to give Rs 18 lakh instead of Rs 24 lakh. Not only that. They have got accommodation by accepting the price of Rs. 24 lakhs, giving them after the last two installments. 6 lakh will be deducted.

In addition to the higher cost of accommodation, there was also the question of income limit, according to which Rs. Consideration is also being given to reduce the minimum income limit to benefit more people by keeping the maximum income limit of Rs 8 lakh unchanged.