Government plans to increase the availability of Low-cost-housing for lower & middle income group.

Q: Govt. new policy to redevelop private housing colonies / old housing colonies...

Jyothi J, Ahmedabad

6th November 2014

Real estate News in Ahmedabad

middle income group

gujarat housing board

real estate news ahmedabad

ahmedabad development authority

ahmedabad municipal corporation

slum clearance board

lower income groups

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Replies (1)

Hi jyothi,
The state government is working on a new policy under which it will give incentives for redevelopment of old housing colonies built by Gujarat Housing Board, Slum Clearance Board; and civic bodies such as Ahmedabad Municipal Corporation (AMC) and Ahmedabad Urban Development Authority (AUDA).

Jack , Ahmedabad

6th November 2014

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@ Jyothi,

Government plans to come up with a policy for redevelopment of old, dilapidated housing colonies under Public Private Partnership (PPP). The aim is to increase the availability of low-cost housing for lower and middle income groups, said sources in the state government. Government may promote similar redevelopment projects for affordable housing.

Devesh Kumar, Ahmedabad

6th November 2014

Hi Jyothi,

As per my knowledge, the dilapidated colonies will be replaced by multi-storied high-rises in which the residents of the old colonies will also get new houses without any additional cost . At the same time, the developer will earn by selling the remaining housing units and also the commercial space developed on the site of old housing colonies.

Nandakishore, Ahmedabad

6th November 2014

Hi All,

As per my knowledge, the state government plans to announce special FSI (floor space index) and other financial incentives for such ‘redevelopment’ projects. “New GDCR (General Development and Control Regulations) will be announced for the proposed policy for redevelopment of old housing colonies.

Harmeet Kaur,

6th November 2014

Hi Jyothi,

According to me, the housing board and other government-owned public housing agencies have built huge low-rise colonies with huge open land on prime locations such as 132-ring road in Ahmedabad, where there is huge scope for redevelopment . This is really one of the best initiatives taken by Govt.

Gurmeet,

6th November 2014

Hi Guys,

As per my knowledge, government will give incentives for developing civic infrastructure for such redevelopment projects. It will help in controlling the horizontal development of cities and put checks on the need for new land. So government will need not to invest a lot of money in such projects but there will be mutual benefit for both private developer & residents.

Vikas Modi, Ahmedabad

8th November 2014