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NEW AFFORDABLE HOUSING POLICY TO RESUSCITATE REAL ESTATE SECTOR: AMAN ARORA


Chandigarh,(Gurpreet) In order to promote affordable housing for lower-middle & lower-income families and resuscitate the real estate sector in the state, Punjab Housing and Urban Development (H&UD) department will soon come up with a new Affordable Housing Policy. The draft of the new affordable housing policy has been uploaded on the official website for seeking suggestions from public.

Revealing this, Punjab Housing and Urban Development Minister Mr. Aman Arora said that Chief Minister S. Bhagwant Mann led Punjab Government will not leave any stone left unturned to fulfill the common man's aspirations to own a dream house.

The H&UD department has formulated "Punjab Affordable Housing Policy-2022", of which, draft has already been uploaded on the official website www.puda.gov.in for seeking suggestions from the general public. Those desirous may submit their suggestions till October 29, 2022, he added.

In the new policy, Mr. Aman Arora informed, the minimum area for a plotted colony has been fixed five acres and the minimum area required for group housing is 2 acres only. The saleable area has been increased to 65 per cent as compared to 55 per cent in normal colonies to provide plots at affordable rates to common man and saleable area is being given on the total plot area of the project irrespective of any master plan road passing through the plot area.

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