New Delhi, April 21: Minister of Housing and Urban Poverty Alleviation Venkaiah Naidu asserted that the Government has done more for meeting the housing needs of urban poor during the last three years than what was done in the previous ten years proving that it is a ‘Government with a difference’ as desired by the people.
Naidu stated that to enable inclusive development benefitting the urban poor, Prime Minister Narendra Modi launched ‘Pradhan Mantri Awas Yojana (Urban) ‘to ensure Housing for All by 2022. The Minister urged the States and UTs to ensure that Real Estate Rules and other institutional infrastructure were in place by the stipulated time failing which they would come under public pressure.
Naidu stated that to promote private investments in affordable housing on a large scale, his Ministry is considering to extend central assistance of Rs.1.50 lakh per each eligible beneficiary belonging to Economically Weaker Sections under projects taken up even on private lands. So far, the Ministry has approved construction of 5,83, 427 houses under Affordable Housing in Partnership component of PMAY(Urban) only with State Governments partnership.
Elaborating on the strategy to meet the Housing for All target by 2022, He informed that 15 States and UTs are being targeted to meet the target by 2019. These are: Kerala, Himachal Pradesh, Jammu & Kashmir, Arunachal Pradesh, Manipur, Meghalaya, Nagaland, Sikkim, Tripura, Andaman & Nicobar Islands, Chandigarh, Dadra and Nagar Haveli, Daman & Diu and Puducherry. Other large States have been asked to submit housing proposals by end 2018 so that construction of houses could be completed by the targeted 2022.
The Minister further informed that within 22 months of launch of PMAY (Urban), 97,489 houses have been constructed for urban poor. Stressing on the need for promoting rental housing stock to meet the housing needs in the context of urbanization being a continuous process and driven by migration, Naidu informed that a National Urban Rental Housing Policy would be soon announced to meet the needs of migrant workers, students, single working women etc. The policy outlines measures to be taken to encourage investments in Social Rental Housing with government support and Market Driven Rental Housing without government support. The Minister said rental housing would be an effective complement to the Housing for All mission.
He informed that the remaining 32 Sections of Real Estate Act, 2016 have been notified last night relating to registration of ongoing projects that have not received Completion Certificate, penalties for non-compliance etc which would be effective from first of next month. He said that under the Act, projects and Real Estate Agents have to be registered with Regulatory Authorities within three months thereafter.