+
HIMUDA Approves Rs 2.51 Billion Annual Work Plan
ECONOMY & POLICY

HIMUDA Approves Rs 2.51 Billion Annual Work Plan

The Himachal Pradesh Housing and Urban Development Authority (HIMUDA) approved an annual work plan and budget estimate of Rs 2.51 billion (Rs 2.51 bn) focusing on housing and infrastructure projects, including a provision of Rs 520 million (Rs 520 mn) for land procurement for future housing and urban development. The approval took place during its 59th meeting chaired by Housing and Town and Country Planning Minister Rajesh Dharmani on Monday. The minister directed members to expedite execution of ongoing and proposed development projects while ensuring transparency, efficiency and resident?focussed service delivery.

He reviewed progress of housing and infrastructure projects across the state and underlined the need for timely completion to meet growing demand and preserve project momentum. He said strategic land acquisition would strengthen HIMUDA's capacity to undertake planned development in coming years and create a pipeline for future schemes. The Board approved a one-time settlement policy for the HIMUDA colony at Rakkar phase-IV in Una district to provide relief to eligible allottees and resolve long?standing issues.

It was informed that against budget estimates of Rs 1.17 billion (Rs 1.17 bn) for the financial year 2025–26, HIMUDA achieved a turnover of Rs 2.00 billion (Rs 2.00 bn), a result the Authority said reflected improved financial management and operational efficiency. To strengthen institutional capacity the Board approved amendments to the Contractor Enlistment Rules to align them with practices of the Himachal Pradesh Public Works Department. These measures aim to streamline procurement, improve contractor standards and accelerate project delivery.

The Board also sanctioned steps to give a modern corporate look to the HIMUDA head office at Nigam Vihar, Shimla to improve the working environment and public service delivery. Officials said upgraded infrastructure and clearer processes would support faster decision making and better citizen engagement without compromising accountability. The combined measures are expected to bolster the Authority's readiness to meet future housing needs and deliver urban development more effectively.

The Himachal Pradesh Housing and Urban Development Authority (HIMUDA) approved an annual work plan and budget estimate of Rs 2.51 billion (Rs 2.51 bn) focusing on housing and infrastructure projects, including a provision of Rs 520 million (Rs 520 mn) for land procurement for future housing and urban development. The approval took place during its 59th meeting chaired by Housing and Town and Country Planning Minister Rajesh Dharmani on Monday. The minister directed members to expedite execution of ongoing and proposed development projects while ensuring transparency, efficiency and resident?focussed service delivery. He reviewed progress of housing and infrastructure projects across the state and underlined the need for timely completion to meet growing demand and preserve project momentum. He said strategic land acquisition would strengthen HIMUDA's capacity to undertake planned development in coming years and create a pipeline for future schemes. The Board approved a one-time settlement policy for the HIMUDA colony at Rakkar phase-IV in Una district to provide relief to eligible allottees and resolve long?standing issues. It was informed that against budget estimates of Rs 1.17 billion (Rs 1.17 bn) for the financial year 2025–26, HIMUDA achieved a turnover of Rs 2.00 billion (Rs 2.00 bn), a result the Authority said reflected improved financial management and operational efficiency. To strengthen institutional capacity the Board approved amendments to the Contractor Enlistment Rules to align them with practices of the Himachal Pradesh Public Works Department. These measures aim to streamline procurement, improve contractor standards and accelerate project delivery. The Board also sanctioned steps to give a modern corporate look to the HIMUDA head office at Nigam Vihar, Shimla to improve the working environment and public service delivery. Officials said upgraded infrastructure and clearer processes would support faster decision making and better citizen engagement without compromising accountability. The combined measures are expected to bolster the Authority's readiness to meet future housing needs and deliver urban development more effectively.

Related Stories

Gold Stories

Next Story
Real Estate

Peninsula Land launches 19 luxury villas in Pune

Pune’s residential landscape is witnessing a shift as premium homebuyers increasingly seek larger spaces, privacy and independent living options beyond high-rise apartments. Addressing this demand, Peninsula Land Limited, part of the Ashok Piramal Group, has launched AshokVillas, an exclusive collection of 19 premium furnished villas in Gahunje, Pune.The development combines the independence of a standalone home with the convenience and security of a managed residential community. Designed around low-density horizontal living, AshokVillas offers residents private spaces while providing acces..

Next Story
Infrastructure Urban

MyBranch Expands South India Network with 16 Workspace Centres

MyBranch has expanded its South India presence with a 50,000 sq ft flexible workspace network comprising 16 centres across 14 cities in Andhra Pradesh, Karnataka, Tamil Nadu and Telangana.The expansion reflects growing demand for flexible office infrastructure as businesses establish regional teams, satellite offices and operations beyond traditional metropolitan markets. MyBranch’s network spans Bengaluru, Coimbatore, Guntur, Hanamkonda, Hubballi, Hyderabad, Madurai, Mangaluru, Rajahmundry, Salem, Tirupati, Vellore, Vijayawada and Visakhapatnam, with a large office space in Chennai also und..

Next Story
Building Material

Walplast Launches Moisture-Resistant Gypsum Plaster Solutions

Walplast Products Pvt. Ltd. has expanded its HomeSure GypEx portfolio with the launch of GypEx MoistShield and GypEx Gold, two gypsum plaster solutions designed to address moisture-prone applications and improve plastering efficiency.The new products have been developed in response to the growing demand for faster construction processes, improved material performance and consistent surface quality. The solutions aim to simplify interior plastering while addressing specific application requirements across construction environments.“Through HomeSure GypEx MoistShield and GypEx Gold, we are exp..

Advertisement

Subscribe to Our Newsletter

Get daily newsletters around different themes from Construction world.

STAY CONNECTED

Advertisement

SPECIAL OFFER
QR Code