AP plans Integrated townships plan to tide over the shortage of affordable housing

Hyderabad: The Andhra Pradesh government has devised a model `integrated townships plan’ to tide over the shortage of affordable housing in the state. According to state housing minister, a recent survey had indicated that nearly 1.76 lakh houses are needed to be built for urban people in the state.  State housing minister C Shilpa Mohan Reddy said that the biggest barriers to realtors in providing affordable housing were skyrocketing of prices of land and raw materials, and over-taxing of housing that accounts for almost one-third of the cost.

At a one-day seminar on ‘Housing For All’ organised by the Confederation of Indian Industry (CII) Reddy said that as part of this plan the state government was in the process of allotting 100 acres of land in each of the municipal corporations, 50 acres in each of the municipalities, and 10 acres in each mandal.
Apart from this, the state government is constructing 26,000 flats in and around Hyderabad and 50,000 flats across the state under its own `Rajiv Swagruha scheme’.The state government had also taken up a massive housing scheme for those living below the poverty line (BPL) under the `Indiramma Program‘. About 81 lakh houses have been sanctioned in rural and urban areas for BPL families, of which about 27 lakh houses have already been completed.

The biggest barriers to realtors providing affordable housing were skyrocketing of prices of land and raw materials, and over-taxing of housing. If taxing of housing is made more rational and transparent, and levied through a single-window, then it will help the developers a great deal in providing affordable housing.

Reference:

AP plans integrated townships to provide affordable housing

Advertisements

Leave a Reply

Fill in your details below or click an icon to log in:

WordPress.com Logo

You are commenting using your WordPress.com account. Log Out / Change )

Twitter picture

You are commenting using your Twitter account. Log Out / Change )

Facebook photo

You are commenting using your Facebook account. Log Out / Change )

Google+ photo

You are commenting using your Google+ account. Log Out / Change )

Connecting to %s