According to an official release here, Ministry of Housing and Urban Poverty Alleviation (HUPA) has asked the states to evolve affordable housing policies to comprehensively address issues affecting the creation of affordable housing stock by laying out an enabling environment for various stakeholders to participate in housing projects for EWS and LIG.
Action taken in this regard and experiences of 10 states in promoting affordable housing stock will be discussed at a national workshop, 'Model State Urban Housing and Habitat Policy: Decisive Roadmap for Achieving Housing for All', on October 27 in New Delhi.
The governments of Andhra Pradesh and Telangana which, at the workshop, will give an account of the initiatives being taken by them, have both proposed total waiver of Stamp Duty for affordable housing projects, the statement said.
In the Draft Affordable Housing Policy of Andhra Pradesh, presented to the Ministry of HUPA, the state government has also proposed waiver of land conversion fee, infrastructure development charges, building plan approval fee, registration fee and betterment charges to promote affordable housing for EWS and LIG besides relaxation in Floor Area Ratio (FAR).
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To encourage private investment in affordable housing, it has proposed twice the normal FAR besides 0.50 per cent additional FAR for timely completion of such projects, the statement said, adding that both states have proposed earmarking of 25 per cent of government land available with urban local bodies for housing for EWS and LIG.
The two states also envisaged single-window clearance for approving housing projects in 60 days, the statement added.
In its policy, Telangana has also proposed construction by state agencies of houses/flats on rental-cum-ownership basis on the lines of Singapore Model by adopting new initiatives like 'Equity Building' and 'Rent Cum Ownership' basis, especially for low income segments.