Local Government Department plans affordable housing scheme - ECAS Punjab

Local Government Department plans affordable housing scheme

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Tribune News Service

Chandigarh, August 19

Days after Punjab's Housing Department tweaked its 'Affordable Housing Policy', giving additional incentives, including allowing more flats, increased saleable area, less parking and better floor area ratio (FAR), the Punjab Local Bodies Department has come up with its own affordable housing projects.

The urban local bodies would identify land for raising affordable housing and divide it into two categories — 60 sq metre apartments for economically weaker section (EWS) and 110 sq metre apartments for middle income group (MIG). A senior government functionary said the total applications received and availability of land would determine the cost of the project. Those applying for apartments under EWS should have an annual household income of less than Rs 3 lakh.

The department has allowed floor area ratio of 3.50 for project area between 1 acre and 5 acre. A density of 900 persons per acre or 225 units per acre has been allowed with maximum coverage of 65 per cent. Under the scheme, Rs 155 crore has been released for construction of 96,738 houses.

On the other hand, the Punjab Housing Department has allowed residential and mixed land use zones in master plans as well as up to an area of 3 km around municipal limit, situated outside master plan. A minimum of 5 acres is required for plotted/mixed plotted colony, while for the purpose of developing group housing, two acres is required.

from The Tribune https://ift.tt/2Qb0ZxL

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