In the new draft policy, the minimum area for a plotted colony has been fixed at five acres and the minimum area required for group housing is two acres only, said Punjab Housing and Urban Development Minister Aman Arora.
In order to make housing for lower-middle and lower-income families a reality and resuscitate the real estate sector in the state, Punjab Housing and Urban Development (H&UD) Department will soon come up with a new affordable housing policy.
The draft of the new ‘Affordable Housing Policy’ has been uploaded on the official website for seeking suggestions from the public.
Punjab Housing and Urban Development Minister Aman Arora on Saturday said the department has formulated ‘Punjab Affordable Housing Policy-2022’ of which a draft has already been uploaded on the official website www.puda.gov.in for seeking suggestions from the general public.
Arora said that in the new policy, the minimum area for a plotted colony has been fixed at five acres and the minimum area required for group housing is two acres only. The saleable area has been increased to 65 per cent as compared to 55 per cent in normal colonies to provide plots at affordable rates to common man and saleable area is being given on the total plot area of the project irrespective of any master plan road passing through the plot area.