New housing policy approved for J&K
ROADS & HIGHWAYS

New housing policy approved for J&K

Photo: For representational purpose

The Jammu and Kashmir Government has approved the proposal for setting up affordable houses, slum redevelopment, rehabilitation and township policy for 2020.

The Administrative Council, which met here under the chairmanship of Lieutenant Governor GC Murmu, accorded sanction to the proposal of the Housing and Urban Development Department for adoption and notification of J&K Housing, Affordable Housing, Slum Redevelopment and Rehabilitation and Township Policy, 2020.

The policy envisages seven models of housing – ranging from in-situ slum redevelopment to integrated township – to cater to the need of every section of society.

The new policy aims at promoting public-private-partnerships (PPP) for affordable housing and slum rehabilitation projects and provides a platform for operation and maintenance (O&M) of integrated or special townships in a cooperative manner.

It further proposes the minimum relocation of existing slum dwellers so as to maintain the sanctity of existing economic and social linkages developed over a period of time in these informal settlements.

Additionally, the policy also includes provisions for fast track approvals of housing in Economically Weaker Section (EWS) and Low Income Group (LIG) categories. Besides, it provides for their incentivisation in the form of exemptions from building permit fee, land use conversion and external development charges.

The policy also aims to provide rental housing, in which EWS families will be given dwelling unit on license basis for occupation and use for a particular period on making initial deposit and monthly charges.

The policy has been approved under the broader vision of meeting the growing requirement for affordable housing, slum redevelopment and rehabilitation and rental housing, for which an initial target has been set for construction of 1 lakh dwelling units over the next five years.

Photo: For representational purposeThe Jammu and Kashmir Government has approved the proposal for setting up affordable houses, slum redevelopment, rehabilitation and township policy for 2020.The Administrative Council, which met here under the chairmanship of Lieutenant Governor GC Murmu, accorded sanction to the proposal of the Housing and Urban Development Department for adoption and notification of J&K Housing, Affordable Housing, Slum Redevelopment and Rehabilitation and Township Policy, 2020.The policy envisages seven models of housing – ranging from in-situ slum redevelopment to integrated township – to cater to the need of every section of society.The new policy aims at promoting public-private-partnerships (PPP) for affordable housing and slum rehabilitation projects and provides a platform for operation and maintenance (O&M) of integrated or special townships in a cooperative manner.It further proposes the minimum relocation of existing slum dwellers so as to maintain the sanctity of existing economic and social linkages developed over a period of time in these informal settlements.Additionally, the policy also includes provisions for fast track approvals of housing in Economically Weaker Section (EWS) and Low Income Group (LIG) categories. Besides, it provides for their incentivisation in the form of exemptions from building permit fee, land use conversion and external development charges.The policy also aims to provide rental housing, in which EWS families will be given dwelling unit on license basis for occupation and use for a particular period on making initial deposit and monthly charges.The policy has been approved under the broader vision of meeting the growing requirement for affordable housing, slum redevelopment and rehabilitation and rental housing, for which an initial target has been set for construction of 1 lakh dwelling units over the next five years.

Next Story
Real Estate

Serene, Gardencity to Develop Rs 3 Billion Senior Living Project in Bengaluru

Serene Communities, a leading senior living brand, has partnered with Gardencity Realty to develop a premium senior living community in Budigere, one of Bengaluru’s fastest-growing residential micro-markets. The project will span approximately 300,000 sq ft, with a Gross Development Value of about Rs 3 billion, and will add roughly 250 senior-friendly residences to the city’s growing retirement housing segment.The launch forms part of Serene Communities’ national expansion strategy. The company has 11 new projects under development with a planned investment of Rs 25 billion that will add..

Next Story
Real Estate

Alliance City Developers Marks Major 2025 Milestones in Vile Parle

Alliance City Developers Realtors has announced significant project milestones and expansions in 2025, underscoring what the company terms a transformational year. The developer completed multiple residential projects and launched two premium developments in Vile Parle (East), one of Mumbai’s most sought-after neighbourhoods.During the year, Alliance Legacy in Matunga (East) received its Occupancy Certificate (OC), while Alliance Eternis in Borivali (West) and Alliance Vista in Vile Parle (East) were granted Completion Certificates (CC), marking final project delivery. Alliance Abhimanyu is ..

Next Story
Infrastructure Energy

Moro Hub and PwC Middle East Partner to Accelerate Smart City Solutions

Moro Hub, a subsidiary of Digital DEWA, the digital arm of Dubai Electricity and Water Authority (DEWA), has announced a strategic collaboration with PwC Middle East to advance Smart City, Integrated Command Centre (ICC), Critical Infrastructure Monitoring and Internet of Things (IoT) initiatives across the region. The partnership brings together Moro Hub’s digital infrastructure and IoT capabilities with PwC’s global expertise in digital trust, smart city strategy and cybersecurity to support the UAE’s vision for intelligent and sustainable cities.“Our collaboration with PwC Middle Ea..

Advertisement

Subscribe to Our Newsletter

Get daily newsletters around different themes from Construction world.

STAY CONNECTED

Advertisement

Advertisement

Advertisement

Advertisement

Open In App