Rajasthan Govt provides relaxation for building affordable houses
Real Estate

Rajasthan Govt provides relaxation for building affordable houses

The Rajasthan government has provided relaxation to the developers developing affordable houses under the public-private partnership (PPP) mode in the state.

The decision was taken after the speed to build affordable houses comprising the economically weaker section (EWS) and lower-income group (LIG) slowed down due to current policies, which became a barrier in attaining the goal of 4,200 homes. Along with giving setback relaxation to build multi-storied affordable homes on private land, the government has also given relaxation in granting permissions.

An official told the media that for a building having a height up to 45 meters, the developers would be given a 6 m setback. For this, there will not be any need to ask for approval from the state government. Also, the urban improvement trusts (UITs) and development authorities (DAs) can give a height approval up to 30 m and 40 m respectively at its level without asking for a higher nod.

On May 31, 2017, an order was released in this respect. In this, listed architects were authorised to approve the projects. But, on July 17, 2018, an order was released in which UITs and DAs were given rights to give height permissions, instead of architects due to which the process was delayed.

In a recent order released, the project approved between 2017 and 2018 by the architects will not need the state government’s clearance again. The state government aims to achieve the construction work after taking a loan from the Housing and Urban Development Corporation Ltd (HUDCO).

After the successful allottees of Chief Minister Jan Awas Yojana and the affordable housing scheme failed to deposit installments during the pandemic, many projects were delayed. The projects will be achieved after taking the loan. The department will take a loan of Rs 200 crore to achieve these projects. While Rs 160 crore will be spent to build the pending 19,244 homes under Jan Awas Yojana, Rs 40 crore will be spent on developing 4,112 affordable houses.

Image Source

Also read: CREDAI demands to have a relook at affordable housing

Also read: Telangana governor asks developers to make affordable housing

The Rajasthan government has provided relaxation to the developers developing affordable houses under the public-private partnership (PPP) mode in the state. The decision was taken after the speed to build affordable houses comprising the economically weaker section (EWS) and lower-income group (LIG) slowed down due to current policies, which became a barrier in attaining the goal of 4,200 homes. Along with giving setback relaxation to build multi-storied affordable homes on private land, the government has also given relaxation in granting permissions. An official told the media that for a building having a height up to 45 meters, the developers would be given a 6 m setback. For this, there will not be any need to ask for approval from the state government. Also, the urban improvement trusts (UITs) and development authorities (DAs) can give a height approval up to 30 m and 40 m respectively at its level without asking for a higher nod. On May 31, 2017, an order was released in this respect. In this, listed architects were authorised to approve the projects. But, on July 17, 2018, an order was released in which UITs and DAs were given rights to give height permissions, instead of architects due to which the process was delayed. In a recent order released, the project approved between 2017 and 2018 by the architects will not need the state government’s clearance again. The state government aims to achieve the construction work after taking a loan from the Housing and Urban Development Corporation Ltd (HUDCO). After the successful allottees of Chief Minister Jan Awas Yojana and the affordable housing scheme failed to deposit installments during the pandemic, many projects were delayed. The projects will be achieved after taking the loan. The department will take a loan of Rs 200 crore to achieve these projects. While Rs 160 crore will be spent to build the pending 19,244 homes under Jan Awas Yojana, Rs 40 crore will be spent on developing 4,112 affordable houses. Image Source Also read: CREDAI demands to have a relook at affordable housing Also read: Telangana governor asks developers to make affordable housing

Next Story
Real Estate

Mahindra Lifespaces Bags Rs 12.5 billion Redevelopment in Mulund

Mahindra Lifespace Developers (MLDL), the real estate and infrastructure development arm of the Mahindra Group, has been appointed as the preferred developer for the redevelopment of a premium housing society in Mulund (West), Mumbai. The project will be developed across a 3.08-acre land parcel, with an estimated development value of approximately Rs 12.5 billion. Strategically located, the site enjoys proximity to major connectivity points—just 1.4 km from the upcoming Mumbai Metro Line 5 and 0.8 km from the Goregaon-Mulund Link Road. It also offers seamless access to the Eastern Expre..

Next Story
Infrastructure Urban

Snowman Adds Warehouses in Kolkata and Krishnapatnam

Snowman Logistics, India’s leading integrated temperature-controlled logistics company, has announced the commencement of operations at its two new state-of-the-art, owned cold storage facilities in Kolkata and Krishnapatnam. With these additions, the company’s total pallet capacity has reached 1,50,754, spanning 43 warehouses in 20 cities across the country. The newly operational Kolkata facility offers a storage capacity of 5,630 pallets, while the Krishnapatnam facility holds 3,927 pallets. These warehouses are equipped with advanced automation and infrastructure designed to enhanc..

Next Story
Resources

Noesis Enables IHCL Hotel Deal in Udupi–Manipal Corridor

NOESIS Capital Advisors, India’s leading hotel investment advisory firm, has successfully facilitated a landmark hospitality transaction in the Udupi–Manipal region of Karnataka. The deal involves the acquisition of a nearly completed, 130-key upscale hotel that will operate under one of the premium brands of IHCL, reinforcing NOESIS’ position as a preferred partner for strategic hospitality transactions across India. Strategically located on the Udupi–Manipal Highway, the 1.03-acre property will cater to business travellers, pilgrims and families visiting Manipal University. With..

Advertisement

Advertisement

Subscribe to Our Newsletter

Get daily newsletters around different themes from Construction world.

STAY CONNECTED

Advertisement

Advertisement

Advertisement

Advertisement

Talk to us?