Work to begin on Vertical Housing Colony Srinagar within 2 months

KL Report

SRINAGAR

Minister for Urban Development & Urban Local Bodies, Nawang Rigzin Jora Monday announced that work on the maiden integrated Vertical Housing Colony in Srinagar would begin within next two months. He said Chief Minister Omar Abdullah would be requested to lay the foundation stone of the ‘Shehjar’ Apartments.

The Minister was speaking at a function organised in connection with the formal allotment of residential flats at ‘Gulposh’ Apartments, near J&K Bank Bemina being constructed by Srinagar Development Authority (SDA).

Allotment of 60 flats at ‘Gulposh’ Apartments was made through draw of lots in presence of the Minister for which SDA had received 85 applications.

The Minister on the spot issued Letters of Intent (LoI) to the successful applicants to ensure utmost transparency in the allotments.

Jora said as already envisaged around 400 more residential flats are being constructed by SDA at Bemina under ‘Shehjar’ Apartments project for which country’s premiere financial institution HUDCO has been co-opted as architectural consultant. He said SDA would also be availing financing for the ambitious project from HUDCO.

The Minister said that HUDCO has already submitted to SDA preliminary drawings of ‘Shehjar’ Apartments, and they have been asked to make some modifications in the same so that the vertical colony comes up as per the traditional Kashmiri architecture and in tune with the weather conditions of the Valley.

Giving a resume of Shehjar Apartments project, the Minister said that besides constructing around 400, two bedroom and three bedroom residential flats, the Vertical Housing Colony, spread over around 100 kanals of land, shall also be provided with 40 ft wide main road and 30 ft wide internal roads transecting various apartment blocks. The Vertical Colony would be provided with adequate underground and surface parking facility, parks, community hall, children’s play area, tennis court, amphitheatre, health club, community market, food court and other amenities for the residents.

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