Economic Times ( 22 Sept ) carries following news
report titled :
Govt Unveils New Policy to Spur ‘ Housing for All ‘
Public – private partnership policy aims to attract private
investments , use idle lands to meet target
For private investments in affordable housing , the
policy comprises :
# 2 PPP models for Private Lands
#
6 PPP models for Government Lands
The six models
using government lands are:
1. DBT MODEL:
Under this option, private builders can design,
build and transfer houses built on government lands to public authorities.
Government land is to be allocated based on the least cost of construction.
Payments to builders will be made by the public authority based on progress of
project as per agreed upon milestones and buyers will pay to the Government.
2. MIXED- DEVELOPMENT CROSS –SUBSIDIZED HOUSING :
Government
land to be allotted based on number of affordable houses to be built on the
plot offered to private builders, cross subsidizing this segment from revenues
from high end house building or commercial development.
3. ANNUITY-BASED SUBSIDIZED HOUSING:
Builders will invest against deferred annuity
payments by the Government. Land allocation to builders is based on unit cost
of construction.
4. ANNUITY-CUM-CAPITAL GRANT BASED AFFORDABLE HOUSING:
Besides annuity payments, builders could be paid a
share of project cost as upfront payment.
5. DIRECT RELATIONSHIP OWNERSHIP HOUSING:
As against government mediated payments to builders
and transfer of houses to beneficiaries in the above four models, under this
option, promoters will directly deal with buyers and recover costs. Allocation
of public land is based on unit cost of construction.
6. DIRECT RELATIONSHIP RENTAL HOUSING:
Recovery of the
costs by builders is through rental incomes from the houses built on government
lands.
=================================
BACKGROUND :
BACKGROUND :
# " Housing for All " mission was
launched in June
2015 , to
construct 200 Lakh houses
# As of Sept 2016 , construction of 9 lakh houses
was approved by the Ministry of
# Of these , some 72,000 houses were under
construction
across 7 states
# As on Sept 2016,
only 2,883 houses have been
completed ( 1719 in
Gujarat / 718 in
Chhattisgarh / 446 in Tamil Nadu )
# Out of 36 States plus UT , 15 have not even sent
their proposals to
the Ministry !
At this rate , by 2022 , I expect following situation :
# 5 Lakh ....
under construction
# 25,000.... completed
# 5,000 ....
allotted
=================================
QUESTIONS
:
#
Has there been dramatic improvement / progress
in last one year , since Sept 2016 ?
#
With 5 years left ( 2015-2022
target period ) , is
there even a slim
chance that the
enable us to wave some kind of a MAGIC
WAND to construct 200 lakh
houses , instead of my projection of 5 lakh ?
# Although this NEW POLICY has
incorporated
most
of my suggestions from Email :
ADream House by 2020 ? [ 01 Sept 2015 ]
what “ issues “ remain unanswered in the NEW POLICY ?
# How can these “ Unanswered
Issues “ get
addressed ?
=================================
ANSWER :
I wish the Policy Makers had taken a few minutes to carefully read
my following E Mails :
=================================
·
Quantum Jumpof 50 Million Houses ? [ 13 Feb 2016 ]
=================================
·
Poor Planning for Urban Poor ? [
24 May
2016 ]
=================================
·
3 D Printed Office ? [ 27 May
2016
]
=================================
·
Housingfor All ? Status Report [ 09 Sept 2016 ]
=================================
·
Good Policy : Devil is in details [ 10 Dec
2016 ]
=================================
·
Future Home is Here [ 02 March
2017
]
Dear Shri Hardeep Singh Puriji :
Having taken over the portfolio of Housing and Urban Affairs
, only recently , you may not have had a chance to read my earlier emails
Rather poor state of affairs! If the government changes in 2019, the new government will be blamed for this.
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