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Lottery to allot houses for affected owners of Jhotwara road project, Real Estate News, ET RealEstate

Lottery to allot houses for affected owners of Jhotwara road project, Real Estate News, ET RealEstate
JAIPUR: After registering the project with Real Estate Regulatory Authority (RERA), the Jaipur Development Authority on Friday will draw a lottery to allot shop/houses to affected houses owners of Jhotwara elevated road project.

According to data, there are 657 structures, which will be affected. “The scheme for the affected owners will be developed on 26,051sqm land at a cost of Rs 6.5 crore. The lottery will be drawn tomorrow at 4 pm.” For the 2,450-metre long elevated road project, work in the 1,250-metre stretch cannot be initiated due to land availability.

An official said, “Till June, approximately Rs 60 crore had been spent on the project. The work of the entire project can be completed by December 2022.”

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