|Chhattisgarh Housing Board (CHB) will build about 2500 houses of different types at the proposed site of the new capital.|
|The board was likely to spend more than Rs 300 crore on the project, the first housing project in Naya Raipur.|
|"The board has finalised the design for the project and has selected land in the proposed new capital site," Chhattisgarh Housing Board chairman Subhash Rao told Business Standard.|
|The board was working to finalise the price of different models of the houses to be built under the project.|
|The land selected by the state-run housing board was near Rakhi village adjacent to the proposed Mantralaya premises.|
|The houses were priced in the range of Rs 2.5 lakh to Rs 30 lakh, Rao said.|
|The board would construct 400 separate houses in the area to rehabilitate the people of Rakhi village that government would acquire for the new capital project.|
|Rao said booking for the new houses would start from next month.|
|Construction work would take off by October this year.|
|The board aimed to complete the project in two years.|
|With the state-run housing board getting the government¿s nod to start construction work for the residential premises, it had now formally started work on the new capital project.|
|The New Raipur Development Authority (NRDA) was finalising the draft for inviting tenders for roads construction in the area.|
|Earlier, some private housing companies including Sahara City and Omaxe Limited had planned to construct residential premises in the area.|
|The state government refused to grant them permission.|
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