The department of town and country planning (DTCP), Gurugram, has given the go-ahead for 19 new, affordable housing projects, which are likely to be launched on land released as part of the increased allotment for the affordable housing segment. In the recent past, DTCP has received 69 applications for affordable housing licences in Gurugram after the state amended its Affordable Housing Policy 2013 in October 2017 to extend an existing cap of 300 acre in Gurugram district to 1,935 acre. During this period, projects of around 11,000 new housing units were launched in Gurugram, of which around 5,000 are in the affordable category. Of the total applications, DTCP has cleared 19 and issued licences to the builders. Demand is being driven by the vast majority of the salaried class. Of the 26,000 new units launched in NCR last year, 47% are in the affordable segment. Based on the earlier cap, DTCP had issued affordable housing licences for societies covering just 300 acre, on which around 46,000 units are being built in sectors along the Northern Peripheral Road (NPR), also known as Dwarka Expressway, and in the Southern Peripheral Road (SPR).
📅Published on:
23 January 2019
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