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Govt launches new housing scheme,Before its last budget

Posted by BrickAcres on February 26, 2016
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Akali Dal-BJP government announced a slew of decisions, including
housing facility for lower/middle income group. The cabinet meeting
was called to discuss policy decisions before passing the last
budget of this tenure of the government in its session beginning on
March 8.

Calling it as an affordable housing policy, the government said that
it will have incentives in the form of reduced change of land use
(CLU), external development charges (EDC) and licence fee. “Promoters
can now construct affordable houses for economically backward strata
of society. Maximum area under the affordable housing scheme would not
exceed 10% of total gross area and minimum area proposed is five acre
contiguous and compact chunk of land. All such projects would be
necessarily required to be completed within five years from date of
issue of license to avail these benefits,” the government said.

As per new policy, it would be mandatory for real estate developer to
provide the facility of one built up community hall, not less than
3,000 square feet, for every five acre of land, besides one nursery
school of not less than 3,000 square feet in the prescribed area of
the scheme. Super area of the flats would range from 750 square feet
to 900 square feet, it added.

In order to bill Amritsar as a tourist destination ahead of elections,
the government also announced to construct a 1947 Partition museum,
city museum, cottage emporium of other states, coffee shop on PPP
mode. “The Town Hall building became vacant after municipal office
was shifted to new building,” the cabinet note said. The government
reiterated its committment to provide free pilgrimage to people
desirous of visiting holy places like Nanded Sahib, Ajmer Sharif,
Varanasi, Mata Vaishno Devi and others, at a cost of Rs 46.5 crore.

The cabinet also gave approval to accept the recommendations of
cabinet sub-committee to form a uniform policy for creation of steel
silos for storage of food grains in the state.

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