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Urban rental housing policy to come up before Union Cabinet: Venkaiah Naidu

Policy aims at meeting growing housing needs of migrants, students, single working women

Press Trust of India  |  New Delhi 

Information and Broadcasting Minister Venkaiah Naidu. Photo: PTI
Information and Broadcasting Minister Venkaiah Naidu. Photo: PTI

A on urban rental housing will soon come up before the Union for approval, Housing and Urban Poverty Alleviation Minister said on Thursday.

The aims at meeting the growing housing needs of migrants, students, single working women and others, he said.

"We have formulated a 2017 which will come up soon before the Union for approval. The consultation process is over and the draft is ready," Naidu told a press conference in New Delhi.

The assumes significance as 30 per cent of the urban population lives in rental accommodation and one-third of urbanisation is driven by migration.

On the other side, according to the 2011 census, over 11 million houses were lying vacant.

"We are keen on promoting a rental housing stock through the social rental housing with government support and market- driven rental housing without direct government support," Naidu said, without elaborating any further.

The Minister said the would also supplement the Centre's 'Housing for All' by 2022 mission.

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Urban rental housing policy to come up before Union Cabinet: Venkaiah Naidu

Policy aims at meeting growing housing needs of migrants, students, single working women

Policy aims at meeting growing housing needs of migrants, students, single working women
A on urban rental housing will soon come up before the Union for approval, Housing and Urban Poverty Alleviation Minister said on Thursday.

The aims at meeting the growing housing needs of migrants, students, single working women and others, he said.

"We have formulated a 2017 which will come up soon before the Union for approval. The consultation process is over and the draft is ready," Naidu told a press conference in New Delhi.

The assumes significance as 30 per cent of the urban population lives in rental accommodation and one-third of urbanisation is driven by migration.

On the other side, according to the 2011 census, over 11 million houses were lying vacant.

"We are keen on promoting a rental housing stock through the social rental housing with government support and market- driven rental housing without direct government support," Naidu said, without elaborating any further.

The Minister said the would also supplement the Centre's 'Housing for All' by 2022 mission.
image
Business Standard
177 22

Urban rental housing policy to come up before Union Cabinet: Venkaiah Naidu

Policy aims at meeting growing housing needs of migrants, students, single working women

A on urban rental housing will soon come up before the Union for approval, Housing and Urban Poverty Alleviation Minister said on Thursday.

The aims at meeting the growing housing needs of migrants, students, single working women and others, he said.

"We have formulated a 2017 which will come up soon before the Union for approval. The consultation process is over and the draft is ready," Naidu told a press conference in New Delhi.

The assumes significance as 30 per cent of the urban population lives in rental accommodation and one-third of urbanisation is driven by migration.

On the other side, according to the 2011 census, over 11 million houses were lying vacant.

"We are keen on promoting a rental housing stock through the social rental housing with government support and market- driven rental housing without direct government support," Naidu said, without elaborating any further.

The Minister said the would also supplement the Centre's 'Housing for All' by 2022 mission.

image
Business Standard
177 22