Builders in Gurugram yet to receive licences for affordable housing projects

Builders in Gurugram yet to receive licences for affordable housing projects
11/01/2019 , by , in News/Views

None of the 60-odd developers, who had applied to build affordable housing projects in Gurugram and Manesar under DTCP’s (department of town and country planning) scheme, have received licences for these projects till date.

DTCP had launched the scheme on land totalling 1,650 acres in the two cities, targeting three lakh affordable housing units.

City developers believe there is a demand for affordable housing, and an increase in supply will attract buyers, reviving the moribund real estate sector. Accordingly, they sought the state government’s support, and single-window clearance to speed up the process.

Haryana amended its Affordable Housing Policy 2013 in October 2017, to extend an existing cap of 300 acre for affordable housing projects in Gurugram district to 1,935 acre.

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