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
Infrastructure Urban

CFI Appoints New National Council for FY27 and FY28

The Construction Federation of India (CFI) has announced its newly elected National Council and office bearers for a two-year term covering FY27 and FY28. M. V. Satish, Advisor to CMD and Lead Ambassador for Middle East, L&T, has been elected President; Priti Patel, Chief Strategy & Growth Officer, Tata Projects, has been appointed Vice President; and Ajit Bhate, Managing Director, Precast India Infrastructures, has taken charge as Treasurer.The newly formed National Council brings together senior leaders from major EPC and infrastructure companies, reflecting CFI’s continued focus o..

Next Story
Infrastructure Urban

India REIT Market Gains Momentum with Strong Returns

India’s Real Estate Investment Trust (REIT) market is witnessing strong growth, emerging as a competitive investment avenue both domestically and across Asia. According to a recent ANAROCK report released at EXCELERATE 2026 by NAREDCO Maharashtra NextGen, the sector is evolving into a mature asset class driven by solid fundamentals, regulatory backing and rising investor confidence.The introduction of Small and Medium REITs (SM REITs) in 2025 has further widened access through fractional ownership, unlocking a potential monetisation opportunity of Rs 670–710 billion. Indian REITs have deli..

Next Story
Infrastructure Energy

G R Infraprojects Secures Rs 4,130 Million BESS Contract From NTPC

G R Infraprojects said it has secured a contract from NTPC to supply and implement a battery energy storage system (BESS) valued at Rs 4,130 million (mn). The company reported the order was awarded as part of NTPC's ongoing efforts to enhance grid flexibility and energy storage capacity. The contract represents a notable addition to the firm's project pipeline and underscores demand for utility scale storage solutions. The award is expected to strengthen G R Infraprojects' presence in the energy infrastructure sector and to contribute to the firm's order book and future revenues, subject to st..

Advertisement

Subscribe to Our Newsletter

Get daily newsletters around different themes from Construction world.

STAY CONNECTED

Advertisement

Advertisement

Advertisement