Udaipur: IFS officers' top investment destination
Forest officers in the state prefer to invest in Jagatpura and Housing Board schemes in Jaipur. It is Udaipur, however, that comes across as a preferred destination for investment in real estate by the officers of the Indian Forest Service (IFS) cadre outside the city.
Around three-dozen forest officers have declared their properties and assets as directed by the state government. Half of them own property in Jagatpura and a Housing Board scheme in Jaipur or have investments in Udaipur. Other colonies in Jaipur where IFS officers have invested in flats or own houses in Jaipur are in Malviya Nagar, Vaishali Nagar and the Sikar Road.
Two out of three officers own more than a property. Several officers, however, have made vague disclosures by omitting the present value, exact location or dimension of the property vested with their family. It starts from the top of the hierarchy. The principal chief conservator of forests in Rajasthan, RN Mehrotra has two properties, both residential; one in Noida and the other on Sikar Road in Jaipur. In both cases, the present valuation of the properties has not been provided. Udaipur-based chief conservator of forests and wildlife, Nihal Chand Jain owns eight properties, residential and agriculture, within his family. The combined present value of the assets as submitted by the officer is around Rs1.7 crore. This includes two 10 bigha agriculture properties in Udaipur and Rajsamand valued at Rs5 lakh and Rs2 lakh respectively. Pavan K Upadhyay is the owner of six properties, two of them, agriculture land, both of which have been inherited. The combined value of his property stock is more than Rs1 crore.
Forest conservator, AS Chauhan, has disclosed stake in eight properties in spread over in Ajmer, Udaipur and Beawar. His declaration, however, remains silent on the measurement and exact location of most properties.
Shailaja Deval, deputy conservator of forests in Udaipur, has stakes in three agriculture properties, all of them in Udaipur. One of the properties purchased in Dhaiyawad measures 35 bigha.
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