AFFORDABLE HOUSING POLICY - 2009 (WITH FOCUS ON EWS & LIG HOUSING)

The policy shall have the following objectives: (a) To reduce the housing shortage, especially in EWS/LIG

categories. (b) To take up large scale construction of Affordable Housing(c) To bring down the cost of EWS & LIG houses to affordable

limits. (d) To promote investments in housing in Urban Sector on PPP

Model.

Objectives

(e) To involve Private developers in the construction of EWS/LIG categories of houses by offering various attractive incentives. (f) To create Rental Housing as transit accommodation for migrants to urban areas, and (g) To check creation of slums.

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Various Models of Affordable Housing. Model No-1: Mandatory Provisions Model No-2: Private developers on land owned by them Model No-3: Private developers on acquired land Model No-4: Private developers on Government land: (For

Rental housing or outright sale basis) Model No-5: Slum Housing

Highlights of Policy

PROGRAMMES OF AFFORDABLE HOUSING General Housing Schemes for the Urban Poor

a) General / Self financing / Specific Registration Schemes of RHB.

b) Affordable Housing in Partnership (Government of India scheme)

c) Incentive Schemes for the private sector d) Housing under new township policy (proposed) e) Allotment / Regularization of plots to urban poor by urban

local bodies. f) Rental housing. g) Rajiv Avas Yojna.

Schemes for Urban Slums

Basic Services for Urban Poor Scheme of Government of India under Jawahar Lal Nehru Urban Renewal Mission (JNNURM).

Integrated Housing and Slum Development Programme (IHSDP) of Government of India.

Affordable Housing in Partnership (Government of India scheme)

Rajiv Avas Yojana (GOI scheme). Rental Housing

Model No 1 MANDATORY PROVISIONS Rajasthan Housing Board (RHB)

Min. 50% EWS/LIG and 20% for MIG-A

JDA/JoDA/UITs & Municipal bodies (ULBs) Min. 25% EWS/LIG and 20% for MIG-A

Private Developers (Townships & Group housing schemes) 15% of plots in townships & 5% of FAR in group housing for EWS/LIG

MODELS OF AFFORDABLE HOUSING

Minimum 40% (maximum up to 100% of land area) land to be earmarked for EWS/LIG & remaining land allowed for MIG/HIG/commercial purposes.

Land use analysis Roads - 20 to 25% Parks - 10% Amenities - 10 to 15%

Ground Coverage Residential

Maximum 50% for EWS/LIG plot area and 35% for MIG/HIG/CommercialCommercial 5% additional (5% of minimum 40% reserved for EWS/LIG) in EWS/LIG Plot area (10% in MIG/HIG Plot area which will be part of 35% ground coverage allowed).

Model No 2 PRIVATE DEVELOPER ON PRIVATE LAND (WITH INCENTIVES TO OFFSET LAND COST FOR EWS/LIG)

Time allowed for completion of the project.Time allowed for completion of the project would be as follows:- EWS/LIG houses/flats 200 nos. - 01 year

EWS/LIG houses/flats 400 nos. - 02 years, EWS/LIG houses/flats 600 nos. & above 03 years.

Note:- The period of completion shall be counted from the date of final approval issued by the Urban Local Body.

Additional FAR to be allowed If EWS/LIG flats are constructed by developer on the minimum 40%

of total built up area (as per permissible FAR) he will get double of the normal FAR on the full land of the scheme.

Transferable Development Rights (TDR) :If The developer is unable to use the additional FAR so unutilized FAR will be allowed to him in the form of TDR . Allowable TDR should normally be in the same sector/area/zone of master plan having more or less equivalent value of land.

Regarding Subsidy Amount under GOI Schemes :-Land cost is to be taken as ZERO by giving extra incentives by Government and cross subsidizing by developer.

Sale Price of EWS/LIG flats:-

Sale price of EWS flats will be calculated maximum@ Rs. 750.00 / sq.ft. It will be maximum Rs.2.40 lacs per flat with maximum super built up area of 325 sq.ft

Sale price of LIG flat will also be calculated @ Rs 750.00/sq ft. on the super built up area. It will be maximum Rs 3.75 lacs per flat with super built up area of 500 sq ft.

ULBs to identify private lands for acquisition and set apart for construction of houses to the developer

Developer to pay for acquisition cost +10% Land owners whose lands already under acquisition to be allowed

projects under Affordable Housing Policy like in Model 2 52% of land to be used for EWS/LIG/MIG-A as per Model 2 Remaining 48% land allowed for HIG and other category flats

Model No-3 PRIVATE DEVELOPER ON ACQUIRED LAND

For rental housing or outright sale basis ULBs to offer government land for EWS/LIG though open bidding

process Free government land for developers offering maximum number

of free EWS/LIG flats (at least 50% EWS) Free to use remaining land with 10% for commercial

Model No-4 PRIVATE DEVELOPER ON GOVERNMENT LAND

Basic Services for Urban Poor Scheme (BSUP) under Jawahar Lal Urban Renewal Mission of Government of India.

Integrated Housing and Slum development programme (IHSDP Scheme) of Government of India.

Rajiv Avas Yojana Public – Private Partnership in slum housing (Mumbai Model)

Several incentives – FAR 4.0 (TDR Facility also available) 10% of land for commercial High rise permitted on developers’ segment

Model No-5 SLUM HOUSING MODEL

Eligibility for Developers:- (i) Experience in building construction works for at least 3 years. (ii) Total net worth (Reserve & Capital) of last three years should be

equivalent to at least 10% of the project cost (excluding land cost). (iii) For applying under model no.2, the developer should hold at least 5.0

acres of land in the concerned town or should have the ability to pay compensation for acquired land under model no.3.

(iv) The developer should have executed minimum 2.0 acres of Residential or other type of Development in a single project during the last 3 years.

(v) Joint venture or Special Purpose Vehicle by private developers will also be eligible under the Policy.

PROCEDURE AND GENERAL GUIDELINES

Eligibility for Beneficiaries/Applicants:-

Criteria laid down by Government of India

(A) To beneficiaries

Land cost - nil Ceiling cost of EWS flats - Rs. 1.90 lacs* Ceiling cost of LIG flats - Rs. 3.25 lacs* Super Built up area of EWS - 325 sqft (2 rooms, kitchen, WC bath) Super Built up area of LIG - 500 sqft (3 rooms, kitchen, WC bath & Balcony) Super Built up area of MIG-A - minimum 600 sq. ft. Bank loan to be made available to beneficiaries Stamp duty for EWS flat - Rs. 10.00 per flat. Stamp duty for LIG flat - Rs. 25.00 per flat. Interest subsidy of 5% in EMIs (up to loan of Rs. 1.00 lacs) under ISHUP

scheme.

INCENTIVES

(B) To Developers

Cost of external development charges - Zero Agriculture land use conversion charges - Zero Building plan approval fee - Zero Total FAR allowed 2x FAR + 0.5x FAR (timely

completion) Commercial area allowed - 5% in EWS/LIGH area (10% of

the total area) Permitted to plan 60% of the area for MIG-A/MIG-B/HIG flats for cross

subsidizing cost of low cost housing. After submission of plans for execution of scheme, developer will be

allowed to start construction of houses after 30 days. (within building parameters) - fast track approval.

INDICATIVE BUILDING PLAN OF EWS FLAT

INDICATIVE BUILDING PLAN OF LIG FLAT

Sintex Industries, Jaipur – 432 units

Sidhi Vinayak Affordable Homes, Jaipur- 1072 units

Bakliwal Builders, Kota – 512 units (LIG)

Patni Builders Pvt. Ltd. Chaksu- 1880 units