Affordable housing policy for EWS and LIG

Q: Is the government going to take any step to implement provision of the new Affordable Housing Policy for LIG and EWS?

Anthony, Bangalore

18th February 2014

Residential Project Review in Bangalore

lower income groups

ews flats

affordable housing policy

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Replies (3)

The developers will get concessions on Floor Area Ratio (FAR). The center has sanctioned rs 1,334 crores out of Rs 2,000 crores for 24 housing schemes and refused to sanction more. :( :(

Dushyant, Bangalore

18th February 2014

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According to my knowledge, 13 lakh houses were sanctioned between 2010 and 2013, but only two lakh houses were built. By 2014-15, all the six lakh houses in various stages of construction would be completed and another 2.5 lakh houses will be built.

Rajkumar, Bangalore

18th February 2014

The Karnataka Housing Board (KHB) will be given the responsibility for allotting the property to eligible applicants. The remaining 60 percent land, developers will be free to sell at their own prices. The maximum household limit for EWS and LIG is Rs 8,000 and Rs 16,000 per month respectively.

Rajkumar, Bangalore

18th February 2014

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I heard that the state government have already cleared the Affordable Housing Policy. Similar policy has been implemented in Kerela, Punjab and Rajasthan

Somesh Venkatesh, Bangalore

18th February 2014

According to sources, the State government will soon implement the new Affordable Housing Policy. They are going to make it mandatory for private developers to construct houses for economically weaker sections (EWS) and lower income groups (LIG) in 40 per cent of their layouts.

Dushyant, Bangalore

18th February 2014

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