24 states, UTs to implement affordable rental housing scheme

Two dozen states and UTs have come on board to implement the scheme for Affordable Rental Housing Complexes, aimed at providing affordable rental accommodation to the working class in cities and towns. The housing and urban affairs ministry on Wednesday launched a portal for implementation and getting updated progress of the scheme.

Officials said that now the municipal bodies can float Expression of Interest from private players who are keen to maintain and manage the vacant housing complexes built with the government and rent them out at a rate to be fixed by the respective authorities.

Launching the portal, Union minister Hardeep Singh Puri said that the government is extending many incentives, including 50% free floor space index, concessional project finance and free-ofcost trunk infrastructure facilities to push participation in scheme for urban poor and migrants. He said, “I’ll personally write to CMs of states that are yet to sign it.”

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