Policy for affordable housing, rental accommodation soon: Punjab Govt

For the benefit of scores of students and elderly seeking affordable rental accommodation in the state, Punjab government is working on twin polices of affordable housing site and rental accommodations across the state. As part of the concept for affordable housing, the thrust will be on making smaller plots beginning with 100 square feet available to general public. Apart from the state’s own area development authorities, private developers will also be given special incentives to expedite such projects.

The development authorities will provide water supply, smart water meters, promotion of solar power, use of tertiary treated water, rain water harvesting, and green cover will be ensured. Additional chief secretary housing and urban development Vini  Mahajan said, “The policies are under consideration and will be finalised before March 31. “In case of affordable rental housing, the state government’s role would be to come up with an enabling policy which can then be taken forward by the private developers. The other policy will focus on providing house to all with basic amenities in urban areas.”