Gujarat’s New Policy: Freehold Status for Housing Colonies
GANDHINAGAR: The Gujarat government’s new urban housing policy, under revision for the first time in a decade, includes relaxed redevelopment rules and the transition of housing board colonies to freehold status. This more liberal policy aims to encourage affordable housing by revitalizing old colonies established by local or state authorities, as well as aging private societies. The urban development and housing department is currently drafting the policy, which is anticipated to be released soon. “We have created a new draft policy following initial consultations with stakeholders and plan to unveil it for public feedback shortly,” a knowledgeable source stated. “The…