New housing policy approved for J&K
ROADS & HIGHWAYS

New housing policy approved for J&K

Photo: For representational purpose

The Jammu and Kashmir Government has approved the proposal for setting up affordable houses, slum redevelopment, rehabilitation and township policy for 2020.

The Administrative Council, which met here under the chairmanship of Lieutenant Governor GC Murmu, accorded sanction to the proposal of the Housing and Urban Development Department for adoption and notification of J&K Housing, Affordable Housing, Slum Redevelopment and Rehabilitation and Township Policy, 2020.

The policy envisages seven models of housing – ranging from in-situ slum redevelopment to integrated township – to cater to the need of every section of society.

The new policy aims at promoting public-private-partnerships (PPP) for affordable housing and slum rehabilitation projects and provides a platform for operation and maintenance (O&M) of integrated or special townships in a cooperative manner.

It further proposes the minimum relocation of existing slum dwellers so as to maintain the sanctity of existing economic and social linkages developed over a period of time in these informal settlements.

Additionally, the policy also includes provisions for fast track approvals of housing in Economically Weaker Section (EWS) and Low Income Group (LIG) categories. Besides, it provides for their incentivisation in the form of exemptions from building permit fee, land use conversion and external development charges.

The policy also aims to provide rental housing, in which EWS families will be given dwelling unit on license basis for occupation and use for a particular period on making initial deposit and monthly charges.

The policy has been approved under the broader vision of meeting the growing requirement for affordable housing, slum redevelopment and rehabilitation and rental housing, for which an initial target has been set for construction of 1 lakh dwelling units over the next five years.

Photo: For representational purposeThe Jammu and Kashmir Government has approved the proposal for setting up affordable houses, slum redevelopment, rehabilitation and township policy for 2020.The Administrative Council, which met here under the chairmanship of Lieutenant Governor GC Murmu, accorded sanction to the proposal of the Housing and Urban Development Department for adoption and notification of J&K Housing, Affordable Housing, Slum Redevelopment and Rehabilitation and Township Policy, 2020.The policy envisages seven models of housing – ranging from in-situ slum redevelopment to integrated township – to cater to the need of every section of society.The new policy aims at promoting public-private-partnerships (PPP) for affordable housing and slum rehabilitation projects and provides a platform for operation and maintenance (O&M) of integrated or special townships in a cooperative manner.It further proposes the minimum relocation of existing slum dwellers so as to maintain the sanctity of existing economic and social linkages developed over a period of time in these informal settlements.Additionally, the policy also includes provisions for fast track approvals of housing in Economically Weaker Section (EWS) and Low Income Group (LIG) categories. Besides, it provides for their incentivisation in the form of exemptions from building permit fee, land use conversion and external development charges.The policy also aims to provide rental housing, in which EWS families will be given dwelling unit on license basis for occupation and use for a particular period on making initial deposit and monthly charges.The policy has been approved under the broader vision of meeting the growing requirement for affordable housing, slum redevelopment and rehabilitation and rental housing, for which an initial target has been set for construction of 1 lakh dwelling units over the next five years.

Next Story
Infrastructure Energy

REC Transfers HVDC Project to Power Grid

REC Limited has successfully handed over the Special Purpose Vehicle (SPV) for a High-Voltage Direct Current (HVDC) transmission project to Power Grid Corporation of India Limited (PGCIL). This strategic move aligns with the nation's objectives to strengthen its power transmission network. Key Highlights: Project Overview: The HVDC project, under the inter-state transmission system (ISTS) initiative, is a critical component of India's push toward robust and efficient electricity transmission. It aims to handle bulk power transfer across long distances while ensuring minimal losses. Role of RE..

Next Story
Infrastructure Transport

NF Railway Collaborates with IIT Guwahati

The Northeast Frontier (NF) Railway has signed strategic Memorandums of Understanding (MoUs) with IIT Guwahati to foster technological advancements and improve railway operations in the region. This partnership focuses on innovative solutions to enhance safety, efficiency, and sustainability in rail infrastructure. Key Highlights: Purpose of MoUs: The collaboration aims to leverage IIT Guwahati's expertise in technology and research for implementing cutting-edge solutions across railway operations. Key areas of focus include: Automation and digitization in maintenance. Sustainability initiati..

Next Story
Infrastructure Transport

Danapur Division Modernization Plans Revealed

The Railway Board has unveiled ambitious plans for the expansion and modernization of the Danapur Division, a critical hub under the East Central Railway. The initiative focuses on infrastructure development, enhanced passenger amenities, and operational efficiency. Key Highlights: Scope of Modernization: The Railway Board's blueprint emphasizes: Upgrading existing infrastructure to accommodate more passenger and freight traffic. Improving station facilities, such as platforms, waiting areas, and connectivity. Introducing advanced signal systems for safer and smoother operations. Freig..

Hi There!

"Now get regular updates from CW Magazine on WhatsApp!

Join the CW WhatsApp channel for the latest news, industry events, expert insights, and project updates from the construction and infrastructure industry.

Click the link below to join"

+91 81086 03000