Himachal Pradesh development Corporation plans land-pool policy
Real Estate

Himachal Pradesh development Corporation plans land-pool policy

The Himachal Pradesh Urban Development Authority (Himuda) is considering implementing a land-pooling policy. It has purchased 1,731 bigha of land in the state for Rs 156 crore and will now develop it to generate revenue rather than purchasing more.

It proposes to develop and market projects on the land of willing private owners without actually acquiring the land. Suresh Bhardwaj, the minister of urban development and housing, said at a meeting on Saturday about improving Himuda's financial situation that the agency will name colonies after tourist destinations such as Shimla, Solan, and Dharamshala to boost their brand value.

Himuda, according to Bhardwaj, should work differently than other government departments and complete its work on time, which will help the agency revamp. Bhardwaj formed a committee of Himuda officials to recommend ways to improve the company's financial situation, and he demanded that its Shimla projects be properly accounted for.

According to the minister, Himuda will follow new procedures in the future when purchasing land. It has approached industries and the horticulture department about leasing large swaths of land, as well as planning a one-stop-shop for allottees and other stakeholders. To record complaints, the agency will have a dedicated WhatsApp number.

Officials from HIMUDA, led by vice-chairman Praveen Sharma, presented a detailed proposal to improve the authority's operations.

Image Source

The Himachal Pradesh Urban Development Authority (Himuda) is considering implementing a land-pooling policy. It has purchased 1,731 bigha of land in the state for Rs 156 crore and will now develop it to generate revenue rather than purchasing more. It proposes to develop and market projects on the land of willing private owners without actually acquiring the land. Suresh Bhardwaj, the minister of urban development and housing, said at a meeting on Saturday about improving Himuda's financial situation that the agency will name colonies after tourist destinations such as Shimla, Solan, and Dharamshala to boost their brand value. Himuda, according to Bhardwaj, should work differently than other government departments and complete its work on time, which will help the agency revamp. Bhardwaj formed a committee of Himuda officials to recommend ways to improve the company's financial situation, and he demanded that its Shimla projects be properly accounted for. According to the minister, Himuda will follow new procedures in the future when purchasing land. It has approached industries and the horticulture department about leasing large swaths of land, as well as planning a one-stop-shop for allottees and other stakeholders. To record complaints, the agency will have a dedicated WhatsApp number. Officials from HIMUDA, led by vice-chairman Praveen Sharma, presented a detailed proposal to improve the authority's operations. Image Source

Next Story
Infrastructure Urban

Infrastructure Opportunity Outlook by IMPACCT.Info

India’s infrastructure pipeline is witnessing dynamic activity across stages — from immediate bidding to future planning. IMPACCT segments these into three categories: Immediate, 3–6 Month, and Future Opportunities, enabling businesses to identify, prepare, and participate in high-value tenders and projects across sectors...To read the full article Click Here..

Next Story
Real Estate

Serene Communities, Prathima Group Invest Rs 4 billion in Hyderabad

Serene Communities by Columbia Pacific, India’s largest senior living operator, has partnered with Prathima Group to develop two senior living projects in Hyderabad, marking its entry into Telangana. The collaboration represents an investment of Rs 4 billion, combining Serene’s international expertise with Prathima’s local development experience. The first project, Serene BILVANI One, launched in Shankarpally, is Hyderabad’s first premium senior living community. Designed for independent and active ageing, it features senior-friendly architecture, barrier-free design, and wellness..

Next Story
Infrastructure Urban

India remains our most important market

Foundamental, the world’s leading venture capital platform focused on the project economy, has launched its third fund to strengthen its presence in India, APAC, and other global markets. Led by Berlin-based Managing Partners Shubhankar Bhattacharya and Patric Hellermann, Fund III aims for a final close by the end of 2025. In an exclusive interaction with CW, Bhattacharya shares insights on the fund’s mandate, India’s role in their strategy, and the opportunities they see in the construction-tech and project-based sectors. Can you briefly explain Fund III’s mandate and how In..

Advertisement

Subscribe to Our Newsletter

Get daily newsletters around different themes from Construction world.

STAY CONNECTED

Advertisement

Advertisement

Advertisement

Talk to us?