The housing ministry is in talks with the rural development ministry over the move and a decision on it was expected soon, the official said, on condition of anonymity.
The proposed plan is expected to give a momentum to the Pradhan Mantri Awas Yojana (Urban).
The housing ministry aims to provide houses to all urban poor by 2022. The shortage of houses is pegged at around 1.2 crore in 4,041 statutory urban local bodies in the country.
Besides, the land price is very high in developed cities, leading to higher cost of projects which hits the affordability factor, the official added.
The initiative will also bring down the congestion level in the cities and make houses available for low-paid migrant workforce who look for rental accommodation in nearby villages of large urban centres, according to the official.
As the areas are in the outskirts of cities, it does not fall under the jurisdiction of urban local bodies and there has also been unregulated construction in such places, the official said, adding that the planned housing projects will provide people better living conditions.
Disclaimer: No Business Standard Journalist was involved in creation of this content
You’ve reached your limit of {{free_limit}} free articles this month.
Subscribe now for unlimited access.
Already subscribed? Log in
Subscribe to read the full story →
Smart Quarterly
₹900
3 Months
₹300/Month
Smart Essential
₹2,700
1 Year
₹225/Month
Super Saver
₹3,900
2 Years
₹162/Month
Renews automatically, cancel anytime
Here’s what’s included in our digital subscription plans
Exclusive premium stories online
Over 30 premium stories daily, handpicked by our editors


Complimentary Access to The New York Times
News, Games, Cooking, Audio, Wirecutter & The Athletic
Business Standard Epaper
Digital replica of our daily newspaper — with options to read, save, and share


Curated Newsletters
Insights on markets, finance, politics, tech, and more delivered to your inbox
Market Analysis & Investment Insights
In-depth market analysis & insights with access to The Smart Investor


Archives
Repository of articles and publications dating back to 1997
Ad-free Reading
Uninterrupted reading experience with no advertisements


Seamless Access Across All Devices
Access Business Standard across devices — mobile, tablet, or PC, via web or app
