Tag: Jaipur

IndustryLatest Stories

RIICO Offers Affordable Undeveloped Land to Attract Investors in Rajasthan

Representative image JAIPUR: Investors can now acquire undeveloped and semi-developed industrial land at reduced costs. In a recent directive, RIICO announced that the pricing will be based on the basic land cost (DLC), along with development and administrative fees. This shift away from transparent auctions aims to draw investors to remote industrial regions where demand is low and land remains unused. However, the directive applies universally to all industrial zones, including urban locations. According to RIICO’s July 15 order, the government intends to offer more affordable land to industries, with undeveloped and semi-developed land serving this purpose. Industries Minister Rajyavardhan…

IndustryLatest Stories

Ashiana Housing Allocates ₹425 Crore for FY26 Plans

NEW DELHI: Ashiana Housing is set to allocate ₹425 crore for senior living initiatives during FY26. This budget will cover landowner payouts, construction, execution costs, and other project expenses. A substantial part of this budget is targeted at expanding their senior living offerings, with plans to enter the Mumbai, Bengaluru, and Delhi-NCR markets. In FY25, the company invested ₹213 crore in senior living and recorded a booking value of ₹382 crore. “This year, we aim to launch five new phases in our existing senior living projects, which will encompass roughly 5.71 lakh sq ft of saleable area,” stated Ankur Gupta,…

InfrastructureLatest Stories

Nine Unsafe Buildings Demolished by Civic Bodies in Jaipur

JAIPUR: To curb monsoon-related incidents, the Jaipur Municipal Corporation-Heritage (JMC-H) and Greater Jaipur Municipal Corporation (JMC-G) took decisive action by demolishing nine unsafe structures on Monday in areas including Tripolia Bazaar, Maniharon Ka Rasta, and Tagore Path. In the JMC-H zone, a section of an unstable building in Ward 72’s Maniharon Ka Rasta was torn down and sealed. Similar actions took place at Nataniyon Ki Haveli in Tripolia and Khejron Ka Rasta. In the JMC-G zone, bulldozers were employed to dismantle five perilously weak buildings in Mansarovar. “We have identified 126 dilapidated structures in the Heritage zone, 48 of which…

CommercialLatest Stories

Incuspaze Leases 300,000 Sq Ft Office Space in Jaipur

NEW DELHI: Incuspaze, a provider of flexible office spaces, has acquired 300,000 sq ft across three properties: The Edge on Tonk Road, Sitapura Campus in Sitapur, and GT Landmark in Malviya Nagar, Jaipur. Sanjay Chatrath, co-founder and managing partner of Incuspaze, stated, “With India experiencing a rise in Global Capability Centre (GCC) activities beyond major metros, cities like Jaipur are crucial for the next phase of enterprise decentralization and digital transformation.” As part of its 2024 growth plan, the company has entered major metros such as Bengaluru, Chennai, Mumbai, and Pune, while expanding in Delhi NCR and Lucknow, aiming to…

IndustryLatest Stories

Rajasthan’s Township Policy Focuses on Affordable Housing, Green Growth

JAIPUR: Chief Minister Bhajan Lal Sharma announced the Rajasthan Township Policy 2024 The newly launched policy aims to build townships that are not just structures but ecosystems that promote green living, inclusivity, and growth. “This policy outlines Rajasthan’s urban future,” Sharma remarked in an official statement. The policy mandates that all residential townships must include parks, green zones, and public utility spaces, with 7% of land designated for parks and playgrounds and 8% allocated for community services and utilities. Additionally, rainwater harvesting and wastewater recycling systems will be mandatory for all new developments. A significant aspect of the policy is…

InfrastructureLatest Stories

Rajasthan to Study Feasibility of Satellite Towns Near Jaipur

Representative image created by AI JAIPUR: The state government is conducting feasibility studies to develop satellite towns following a recent Budget announcement, as stated by Urban Development and Housing Minister Jhabar Singh Kharra. “We are in discussions with a multinational company to establish satellite towns around Jaipur. We aim to complete the feasibility within a few months,” Kharra remarked. Senior officials from the Urban Development and Housing department indicated that these planned townships aspire to mirror projects like Gujarat’s GIFT City and Hyderabad’s HITEC City. The targeted small towns include Bassi, Bagru, Chomu, and Kotputli. An official noted, “The concept…

Latest StoriesRegulatory

ED: Debock Industries Owner Invested Crime Proceeds in Real Estate

AI-generated Representative Image JAIPUR: The owner of Debock Industries Ltd has been investing over Rs 100 crore in real estate, utilizing proceeds from a financial fraud. The acquisitions include villas, housing schemes, hotels, and resorts equipped with wedding banquet halls. This information was disclosed by officials from the Enforcement Directorate (ED), who are investigating the money laundering case concerning the group. As the raids unfolded on Saturday, an ED officer stated, “We have seized Rs 78 lakh, property papers for 150 bighas of land, along with incriminating documents and evidence against the company.” “They were developing a resort near Chaksu…

IndustryLatest Stories

Jaipur: Pay Urban Development Tax Online with JMC-Greater

JAIPUR: To enhance revenue generation, JMC-Greater is now offering residents the option to pay their urban development (UD) tax online or request home collection services. Starting July 1, the JMC-G will also conduct tax collection camps in all wards on a rotational basis. Officials have stated that property owners can call the toll-free number 1800-572-8545, which is managed by the corporation’s authorized firm, to arrange for a collection agent to visit their home. Additionally, UD tax payments can be made through any UPI application using the QR code printed on the UD tax bill. At the collection camps, property owners…

Latest StoriesResidential

Jaipur to Hold Lottery for 3 Residential Schemes on July 2

JAIPUR: The Jaipur Development Authority (JDA) is set to conduct the lottery for allotting plots in three residential schemes—Ganga Vihar, Yamuna Vihar, and Saraswati Vihar—on Wednesday. This marks the first time JDA will live stream the entire lottery process. According to JDA commissioner Anandhi, “The event will take place at the Citizen Service Centre of JDA headquarters. We will stream the entire lottery live on JDA’s YouTube channel and Facebook page.” JDA has received more than 82,000 applications for a total of 765 plots across these three schemes. Published On Jul 2, 2025 at 09:29 AM IST Join our community…