Key Facts
Himachal Pradesh Housing and Urban Development Authority (HIMUDA) is set to accelerate its development projects following the approval of a Rs 251 crore annual action plan. The decision was taken during the 59th board meeting chaired by Urban and Rural Planning Minister Rajesh Dharmani in Shimla.
Details of the Board Meeting
The board reviewed the progress of ongoing projects and directed HIMUDA to ensure transparency, efficiency, and public interest in all project work. Minister Dharmani emphasized the need for a transparent auction process for residential and commercial properties, simplification of procedures to enhance ease of doing business, and development of affordable housing. The meeting also approved a one-time settlement policy for HIMUDA colony at Rakkar Phase-4 in Una district, providing relief to eligible allottees and resolving pending cases.
Financial Highlights
- Annual action plan: Rs 251 crore approved for the current fiscal year.
- Land purchase budget: Rs 52 crore allocated for acquiring land for future projects.
- Business turnover: HIMUDA achieved a turnover of Rs 200 crore in FY 2025-26 against a budget estimate of Rs 117 crore, reflecting improved financial health.
Impact and Future Plans
The approved budget will strengthen HIMUDA's planned development projects through systematic land acquisition. The board also approved amendments to contractor registration rules, aligning them with Himachal Pradesh Public Works Department regulations. Additionally, a proposal to modernize the HIMUDA headquarters at Nigam Vihar in Shimla was cleared, aiming to improve the work environment and service delivery.
What Readers Should Know
HIMUDA CEO Surendra Vashisht presented detailed information during the meeting. Other attendees included Housing Secretary Amarjeet Singh, HIMUDA Vice President Yashwant Chhajta, Special Secretary (Finance) Vijay Vardhan, and board members Jitendra Chandela, Pradeep Surya, and Engineer Rajesh Baniyal. The board's decisions are expected to expedite housing and urban development projects across the state.
FAQ
What is the total value of the annual action plan approved by HIMUDA?
The board approved an annual action plan and budget estimate of Rs 251 crore.
Which colony in Una district will benefit from the one-time settlement policy?
The one-time settlement policy has been approved for HIMUDA colony at Rakkar Phase-4 in Una district.
How much land purchase budget has been allocated for future projects?
A provision of Rs 52 crore has been made for land purchase for future projects.