Shimla: Those nourishing the dream of owning a sweet home in the heavenly abode of the Himalayas might have to face disappointment owing to the high demand of property in the state. Despite the sky-rocketing real estate prices in Himachal Pradesh, people are queuing up to grab a piece of land there.

A demand survey conducted by the Himachal Pradesh Housing & Urban Development Authority (HIMUDA) brought the fact to light that 14,000 acre of land would be needed to provide flats or plots to applicants in ten districts. However, HIMUDA can provide only 213.12 acre, which it has bought Sirmour and Solan districts for Rs 26.80 crore. Since the Authority paid a huge sum to buy the plots, it is obvious for them to sell the plots at a higher cost.

With HIMUDA receiving 70,000 applications, tough times seem to be ahead not only for the customers but for the Authority as well.

Though the applicants have shown preferences in 58 cities of ten districts ion the state, Shimla has emerged to be the most coveted destination with 8,182 people in queue.

According to the officials, the authority received 70,885 applications for flats or plots in Shimla, Solan, Sirmour, Mandi, Kullu, Hamirpur, Kangra, Bilaspur, Chamba and Una.

Out of the 213.12 acre of land under HIMUDA, 62.11 acres in Jurja, 53.14 acres in Moginand, 86.8 acres in Trilokpur in Nahan district and 120.19 acres of land is available in Sheel Rahu and Bhareti of Solan district.

The authority has yet not been able to obtain land in the rest of the eight districts.
CEO of HIMUDA, B D Joshi said, “The Authority is in the process of purchasing land.”

The Authority has earned nearly Rs 35 crore till now in the process as it received Rs 5,000 with each application. 

(JPN/Bureau)