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Jaipur: When it comes to parking money in real estate, the babus in state government head north.
Some of the most influential IAS and IPS officers in Rajasthan have invested in properties in Gurgaon and Noida, besides Delhi.
In the declaration of immovable properties filed by officers posted in Rajasthan, many have found Gurgaon and Noida to be a lucrative realty market.
Around a dozen officers have invested and seen their property prices soar over the years in the aforementioned towns.
According to the declaration, IG (training) Nina Singh, who has been cleared for deputation in Delhi, owns a residential property in Gurgaon (Haryana), the value of which has been estimated at Rs1.3 crore. Similarly, Subhash Chandra Garg, join secretary to the Government of India, possesses a duplex house in Gurgaon that has been valued at Rs1.2 crore.
Back home, additional chief secretary (rural development and Panchayati Raj) CS Rajan, chairman (Indira Gandhi Nahar Department) Pradeep Sen and secretary, ministry of overseas affairs, Rajeev Maharishi, have also purchased valuable properties in Gurgaon.
Sources said that investment is a personal decision and is guided by individual preference. “Several officers made use of government schemes to invest in housing projects planned for the bureaucrats in Delhi and the towns adjacent to it,” an official said.
For instance, the central government employee welfare housing organisation (CGEWHO) launched a housing project in Noida where IAS officer Rakesh Shrivastava has booked a house. Like him, senior cop Dharam Chand Jain has a flat in Green Woods housing project launched by government officers’ welfare society.
Bureaucrats like IG (Jodhpur Range) Dharam Chand Jain, principal secretary (Tourism) Rakesh Srivastava and principal secretary (Devasthan) Malovika Pawar have invested in G Noida. Railways ADGP (Rajasthan) Suresh Choudhary has investments in Sahara Mall along and a flat in DLF City here.
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