Sunday, November 17News and updates from Kashmir

New Housing Policy Approved by Admin in Jammu Kashmir-1 Lakh Houses to be Built by 2025

The Jammu Kashmir Administrative Council (AC) met in Srinagar on Friday under the chairmanship of Lieutenant Governor, G C Murmu.Various issues including the new liquor policy was framed.

Also the admin has sanctioned the proposal of Housing and Urban Development Department for adoption and notification of J&K Housing, Affordable Housing, Slum Redevelopment and Rehabilitation and Township Policy, 2020.

An official statement issued by the Jammu Kashmir admin read that the policy has been approved under the “broader vision of meeting the growing requirement for affordable housing, slum redevelopment and rehabilitation and rental housing, for which an initial target has been set for construction of 1 lakh dwelling units over the next 5 years.”

“The policy envisages seven models of housing, ranging from in-situ slum redevelopment to integrated township, to cater to the need of every section of society.”

The statement further read that the fresh policy aims at promoting public-private-partnerships for affordable housing and slum rehabilitation projects, The Policy further proposes minimum relocation of existing slum dwellers so as to maintain sanctity of existing economic and social linkages developed over a period of time in these informal settlements.

“The policy also aims to provide Rental Housing in which EWS families will be given dwelling unit on license basis for occupation and use for a particular period on making initial deposit and monthly charges,” it added.

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