Ahmedabad: Private & public firms to develop affordable homes

Friday, 17 January 2014 - 2:13pm IST | Place: Gandhinagar | Agency: DNA

The state government will rope in pubic and private developers to build affordable houses for the lower and middle income groups in urban areas of the state.

The government plans to provide houses having carpet area of 25-30 square metres (sq mt) to those having income of less than Rs1 lakh. Similarly, citizens having income of between Rs1 lakh and Rs2.5 lakh will be provided houses measuring 31 sq mt to 50 sq mt. For the middle income group, i.e. for citizens having annual income of Rs2.50 lakh to Rs5 lakh, houses having carpet area of 51 to 65 sq mt will be provided.

The government said that it has decided to involve public and private developers for building the houses for speedy execution of the plans. The government has finalised three models under which the developers would be roped in.

Under the first model, a public agency will be involved in the development of affordable houses.

Under the second model, private developers will be roped in for building houses on land owned by the government or housing board. The developer offering maximum built up area will be selected through tendering process under this model.

As far as third model is concerned, the private developers will be encouraged to build affordable homes on privately owned land. Officials claimed that this model is generating very good response from developers.

In the run-up to the December 2012 assembly elections, the BJP had announced construction of 50 lakh houses in the state in five years. The government had announced a host of policies to encourage development of affordable houses in a bid to achieve the ambitious target. Even the Gujarat Housing Board, which was more or less dormant for many years, announced several residential projects in Ahmedabad and other cities to help the government achieve the target.

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