LUCKNOW: On Tuesday, the state cabinet approved a new policy to implement affordable housing initiatives under the Pradhan Mantri Awas Yojana-Urban 2.0, including affordable housing in partnership (AHP) and affordable rental housing (ARH) components.
The initiative aims to provide accessible housing for middle-income and economically weaker sections of society. Beneficiaries will receive financial aid of Rs 1.5 lakh from the Centre and Rs 1 lakh from the state government.
Additionally, developers of approved projects will benefit from exemptions on land-use change charges, map approval fees, and external development fees. Beneficiaries will also enjoy reduced stamp duty rates.
Under the ARH model-2, rental housing will be developed by both private and public entities to support the urban poor, working women, employees in industrial sectors, as well as families from economically weaker sections (EWS) and lower-income groups (LIG). These institutions will oversee the operation and maintenance of these housing facilities.
Meanwhile, Finance Minister Suresh Kumar Khanna reported complaints about unauthorized occupancy in several housing units built under the Kanshiram Awas Yojana across various districts of the state.
