The recent amendment to the affordable housing policy in Haryana has made available a land parcel of 810 acres for the affordable housing projects in Gurgaon. From a maximum of 300 acres that was available in the past, the total land under the segment now rose to 810 acres, an increase of over 500 acres. Earlier, there was cap of 10 acres per sector, and a total of 300 acres, in Gurgaon. With the amendment, DTCP has removed the limit on both, with the limit per sector increased to 15 acres. The amendment has also reduced the minimum land criteria from 5 acres per sector to 4 acres. With this, 72,500 new units are expected to be added soon to the affordable housing category, whose numbers currently stand at around 35,000, at different stages of construction. As per the DTCP notification, in case a portion of the total 15 acres in a sector marked for the category is found to be redundant due to grant of first and second license, relaxation of 20% on the minimum area norm of 5 acres will be considered, said an official spokesperson.
📅Published on:
27 October 2017
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