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Friday, March 8, 2013

EWS, infrastructure upgrade focus of DDA budget

The Delhi Development Authority passed its budget for the year 2013-14 on Tuesday. The budget concentrates on constructing housing for the economically weaker sections and upgrading infrastructure in the city.

Lieutenant-Governor Tejendra Khanna has asked the land agency to come up with a full monitoring chart giving targets, time lines and date of completion for all projects before its next meeting.

According to the budget, during the year 2013-14, a sum of Rs 3,029.41 crore is expected to be received from disposal of land and Rs 2,847.44 crore from the disposal of houses and shops.

Meanwhile, in the revised budget estimates for 2012-13, only a sum of Rs 715.06 crore will be received from disposal of residential, industrial, institutional and commercial land as against a budget estimate of Rs 2,211.83 crore.

“To meet the demand for residential, commercial and institutional land, development works have been taken up at Rohini, Dwarka, Narela, Jasola, Bakkarwala, Maidangarhi, Kirti Nagar, Paschim Viha and Alaknanda.

Expenditure in revised estimate 2012-13 has been assessed at Rs 2,156.37 crore, against provision of Rs 1,974.53 crore made in budget estimate 2012-13. During the next year in budget estimate 2013-14 a provision of Rs 2,543.05 crore has been made under this head,’’ a DDA official said.

DDA claimed that while at the beginning of the financial year 2012-13, 30,813 houses were in progress and 4,321 houses had already been put up for allotment by the housing wing. Around 4,855 EWS and 24,660 LIG flats were taken up for construction in Dwarka, Narela and Rohini and it is likely that these houses shall be awarded during the year 2013-14.

“Another 3,000 EWS houses in A-4 Kalkaji Extension, under in-situ development housing scheme, have been awarded and its construction is likely to commence in the year 2013-14,’’ a non-official DDA member Subhash Chopra said.

http://www.financialexpress.com/news/ews-infrastructure-upgrade-focus-of-dda-budget/1083593/0

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