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Bhubaneswar Development Authority allots apartments for Middle-Income Group

The Bhubaneswar Development Authority (BDA) has initiated the allotment process of houses at its Daya Enclave housing project, which is located on the outskirts of the city. The BDA is offering 128 units of two BHK apartments for the Middle-Income Group. Prospective buyers are required to visit the official website of the BDA and register to participate in the lottery system for the allotment of houses. The registration will continue until July 7, and the houses will be allotted based on the defined rules.

The project consists of four residential blocks comprising 128 two BHK apartments and other amenities such as a community hall, parking facilities, garden, play area, and power back-up facility, among others. The BDA has two types of apartments with a set price of Rs 51.6 lakh and Rs 49.6 lakh, respectively. Prospective buyers are required to pay a security deposit of Rs 2 lakh, and the rest of the amount in two different installments.

BDA vice-chairman Balwant Singh confirmed to reporters that the online registration for the allotment of houses in the project will continue till July 7 and that they will look at the response of the buyers and allot the houses based on the defined rules. 

A project of this nature, catered to the Middle-Income Group by the BDA comes almost after a seven-year hiatus.  The previous project was constructed in 2016. At that time, the BDA had offered two housing projects for this category named Paikarapur Phase I and Paikarapur Phase II.

Locals, however, are not impressed with the price points. They feel the Rs 50 lac price tag is unaffordable for most individuals that fall within the MIG criteria and private developers are offering similar options at the same price point. They are urging the government to reduce prices to make the project more attractive.

There is a growing demand for affordable housing in Bhubaneswar, and the BDA's initiative is a welcome move. However, the price of the apartments may not be affordable for many in the middle-income group. It is essential to consider the affordability of housing projects for the target audience to ensure that they can benefit from such initiatives.

 

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