The UT Government’s ambitious initiative to address the growing housing needs through the development of new colonies under the Public Private Partnership mode has unfortunately reached a standstill. Despite repeated announcements and the identification of substantial land parcels across the UT, the lack of concrete proposals from private developers underscores a critical flaw in the strategy adopted by the authorities. It is evident that the Housing Board’s shift from the traditional Engineering, Procurement and Construction mode to the PPP model was driven by the intent to leverage private capital and expertise. However, the transition appears to have been executed without a thorough assessment of market appetite or developer concerns. Even after extending the deadline for submission of Expressions of Interest, not a single credible proposal has emerged-despite initial pre-bid enthusiasm. This disconnect between Government planning and private sector response raises important questions.
The identified land parcels-spanning districts such as Jammu, Pulwama, Bandipora, Kathua, Srinagar, Ganderbal, and Poonch-suggest that the Government has done substantial groundwork in terms of resource allocation. Yet, the failure to attract developers even with land provided free of encumbrances indicates that deeper issues are at play. These may include unclear profit-sharing models, regulatory uncertainty, poor project viability in remote locations, or a lack of confidence in bureaucratic efficiency and approvals. The decision to now engage a Transaction Advisor for drafting fresh proposals and a DPR is a step in the right direction-but also a delayed one. With no timeline committed, there is a risk of further erosion in public trust, especially as the housing shortfall continues to grow.
To revive this initiative, the Government must urgently revisit its PPP framework, and consult developers to understand their concerns. Transparency, assured approvals, risk-sharing mechanisms, and incentives could make the projects more attractive. Affordable housing is a critical need in J&K, and the repeated policy misfires cannot continue. The Government must ensure that its vision does not remain confined to files and announcements, but translates into tangible shelter for its citizens. Without course correction, the dream of mass housing in J&K may remain just that-a dream.
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