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firstBHK.com > News > Agreements to be signed by the Centre under ARHC scheme with states

Agreements to be signed by the Centre under ARHC scheme with states

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A senior official stated on Tuesday that the centre will be signing the agreements with the states under Affordable Rental Housing Complexes (ARHC) scheme within a month to develop and construct affordable living spaces for the sake of poor and migrant individuals in metropolitan areas.

Agreements to be signed by the Centre under AHRC scheme with states

Durga Shanker Mishra, the Union Housing and Urban Affairs Secretary said approximately 32,000 flats are available under the scheme whereas Faridabad holds around 1,000 dwelling units told in online media conference which took place in Delhi. He added within a month the memoranda of agreement shall be signed with the states. Like-wise apart from government funded flats, the plots which are unoccupied can be developed to construct flats under the scheme, however states have to decide to “use permission” strategically in their respective plan to legalize the same.

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As the ARHC scheme, launched under the Pradhan Mantri Awas Yojana-Urban, will be helpful for the needy people and migrant labourers. Before a month ago, the ministry provided basic instructions to implement ARHC in the country whereas the secretary said that the government aims to complete the target by constructing or retrofitting the housing units under the ARHC scheme till 2022.

While he also added that expression of interest (EOI) has been delivered to the states and union territories, including that the rent will be decided by local authorities.

Nirmala Sitaraman, the Union Finance Minister in the month of May declared that the scheme to be launched for offering the homes to labourers/urban poor at low affordable rent.

Source: PTI

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Disclaimer: The views expressed above are for informational purposes only based on industry reports and related news stories. firstBHK.com does not guarantee the accuracy, completeness, or reliability of the information and shall not be held responsible for any action taken based on the published information.
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