138 flats allotted to beneficiaries under scheme 155, Real Estate News, ET Real Estate

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Indore, Indore Development Authority ,ida) on Monday allotted 138 flats in scheme 155 through lottery system.

authority chairman Jaipal Singh Chavda said that ida Nearby Scheme 155 had a total of 808 occupied flats in its buildings. Sangam Nagar in the low and middle income categories.

“The apartments are located in the heart of the city at a distance of about 3 km from the Super Corridor and about 4 km from Rajwada Palace,” he said, adding that the complex has a total of three gardens with facilities of lift, covered parking, inter alia- Along with boundary wall and fire protection system.

Authority CEO RP Ahirwar said, “The starting price of 2RK flats (total 35 units) starts from 9.74 lakhs, while 1BHK (total 565 units) and 2BHK (total 208 units) starts from Rs 15.35 lakhs and 20.09 lakhs respectively Is.” The IDA had organized a six-day fair on March 20 to sell its flats at five-year old rates.

A total of 178 applications were received by IDA for allotment of 2RK, 1BHK and 2BHK flats at the Mela. Of these, 138 applicants were allotted flats on Monday.

Ahirwar said, “Reservation letters for the allotted flats will be distributed by April 20. This can be used by the beneficiaries to get the possession for availing the loan.”

The CEO said that the remaining flats would be allotted through the same process in the next six months.

  • Published on April 18, 2023 at 11:00 am IST

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