This project is likely to fuel economic activities and employment in the area and create a modern city with state-of-the-art infrastructure, incorporating advanced seismic technology.
Himachal Pradesh Housing and Urban Development Authority (HIMUDA) has received approval from its board to acquire land to establish a new township, “Mountain City”, near Jubbar-Hatti Airport in the suburbs of Shimla, to decongest the state capital.
This project is likely to fuel economic activities and employment in the area and create a modern city with state-of-the-art infrastructure, incorporating advanced seismic technology. The estimated cost of this project is ?1,373 crore, a statement said.
For the allottees who had encountered disputes regarding payment dues, the board approved a one-time settlement (OTS) policy, offering these individuals an opportunity to settle their dues at a significantly reduced rate.
This policy will ease the financial burden on the public and provide HIMUDA with consolidated resources that can be reinvested for the greater good of the public.
Presiding over the 52nd meeting of the board of directors (BoD) of HIMUDA, chief minister Sukhvinder Singh Sukhu emphasised the importance of adopting the latest construction techniques and leveraging information technology platforms to enhance its presence and service to the public.