Vacant Government Buildings To Be Converted Into Rental Housing
Real Estate

Vacant Government Buildings To Be Converted Into Rental Housing

The state government decided to roll out a rental housing scheme for the urban poor by converting vacant and unutilised government buildings into dwellings under the Affordable Rental Housing (ARH) vertical of Pradhan Mantri Awas Yojana-Urban 2.0 (PMAY-U 2.0). Additional chief secretary Usha Padhee asked departments to identify assets and share details with the Odisha Urban Housing Mission. The aim is to generate long-term rental income from idle properties while addressing housing shortages.

Padhee has asked the Home, Agriculture, Finance, Food Supplies, Panchayati Raj, Water Resources, ST and SC Development, Health and Cooperation departments and other wings to list vacant houses and buildings under their control that can be converted. The instruction covers both state and central government properties. Identified sites will be assessed for inclusion in project pipelines.

Officials noted that housing is central to urbanisation, affecting health, education and economic opportunity, and that earlier policies had focused on ownership models. PMAY-U 2.0 has introduced Affordable Rental Housing to address the needs of urban migrants, industrial and informal sector workers and working women who require secure affordable accommodation but cannot own immediately. The vertical aims to expand access to rental solutions for these groups.

Implementation will follow two models: converting government funded vacant buildings into rental housing through public private partnership arrangements and allowing private and public entities to construct, operate and maintain units for economically weaker section and low income group families, recovering investments through rental income over time. Unutilised assets will be repaired, restored and retrofitted with funding under the ARH vertical. Initial rent will be fixed by the local authority based on a survey and rent enhancement will be permitted biennially by eight per cent up to a maximum aggregate increase of 20 per cent over five years. The initiative is expected to transform idle public assets into long-term rental income generating housing while supporting workforce stability and local economies and reducing informal settlements.

The state government decided to roll out a rental housing scheme for the urban poor by converting vacant and unutilised government buildings into dwellings under the Affordable Rental Housing (ARH) vertical of Pradhan Mantri Awas Yojana-Urban 2.0 (PMAY-U 2.0). Additional chief secretary Usha Padhee asked departments to identify assets and share details with the Odisha Urban Housing Mission. The aim is to generate long-term rental income from idle properties while addressing housing shortages. Padhee has asked the Home, Agriculture, Finance, Food Supplies, Panchayati Raj, Water Resources, ST and SC Development, Health and Cooperation departments and other wings to list vacant houses and buildings under their control that can be converted. The instruction covers both state and central government properties. Identified sites will be assessed for inclusion in project pipelines. Officials noted that housing is central to urbanisation, affecting health, education and economic opportunity, and that earlier policies had focused on ownership models. PMAY-U 2.0 has introduced Affordable Rental Housing to address the needs of urban migrants, industrial and informal sector workers and working women who require secure affordable accommodation but cannot own immediately. The vertical aims to expand access to rental solutions for these groups. Implementation will follow two models: converting government funded vacant buildings into rental housing through public private partnership arrangements and allowing private and public entities to construct, operate and maintain units for economically weaker section and low income group families, recovering investments through rental income over time. Unutilised assets will be repaired, restored and retrofitted with funding under the ARH vertical. Initial rent will be fixed by the local authority based on a survey and rent enhancement will be permitted biennially by eight per cent up to a maximum aggregate increase of 20 per cent over five years. The initiative is expected to transform idle public assets into long-term rental income generating housing while supporting workforce stability and local economies and reducing informal settlements.

Related Stories

Gold Stories

Next Story
Infrastructure Urban

KONE Opens India's First Digital Experience Centre in Pune

KONE, a global elevator and escalator manufacturer, has inaugurated its first Digital Experience Centre (DEC) in India, located in Pune. The facility aims to showcase how artificial intelligence (AI), connectivity and data-driven technologies can enhance customer experiences and improve building operations.The centre was inaugurated by Jussi Herlin, Executive Vice Chair, KONE Corporation; Philippe Delorme, President and CEO, KONE; and Nandan Nilekani, Co-founder and Chairman of the Board, Infosys.Designed as an interactive customer environment, the facility demonstrates digital solutions cover..

Next Story
Infrastructure Urban

CII GreenCo Launches Circularity Guidelines for Indian Industry

The Confederation of Indian Industry (CII) GreenCo Council has launched the CII GreenCo Circularity Guidelines – Pilot Version at the 17th CII GreenCo Waste & Resource Management Summit 2026 in Chennai. The initiative aims to strengthen resource efficiency, waste reduction and circular economy practices across Indian manufacturing and process industries.The guidelines introduce a structured framework with circularity indices covering raw materials, consumables, packaging and other resource inputs. These indicators will help industries assess existing practices, identify opportunities to ..

Next Story
Infrastructure Energy

Global Electronics Association Launches IPC-1783-CO2E Standard

The Global Electronics Association has introduced IPC-1783-CO2E, a new international standard aimed at improving consistency, transparency and comparability in product carbon footprint reporting across the electronics manufacturing industry.The standard, titled International Standard for Data Collection and Reporting of CO2 Equivalent (CO2e) Emissions for the Electronics Manufacturing Supply Chain, provides industry-specific guidance for collecting, estimating and reporting carbon emissions data.With increasing regulatory requirements and customer expectations, electronics manufacturers face c..

Advertisement

Subscribe to Our Newsletter

Get daily newsletters around different themes from Construction world.

STAY CONNECTED

Advertisement

SPECIAL OFFER
QR Code