Housing and Space Management

Housing And Space Management 3(2+1)

Lesson 31: Government, Semi – Government Housing Schemes In India

Special Action Plan For Urban Families

• Government has set a goal to provide housing for all and to facilitate the construction of twenty Lakh additional housing units annually.
• Based on the average cost of EWS and LIG housing units of Rs. 35000 and Rs. 1 Lakh respectively the investment requirement for 7 Lakh new units would be of the order of around Rs. 4000 crore.
• The extend of funding from institutional finance is proposed to be 70 per cent and the balance 30 per cent is proposed to be met partly as subsidy from Central/State Governments and partly as beneficiary contribution in cash, kind and labour.
• Investment expected from the institutional financing bodies would be of the order of Rs. 2800 crore.