Page 58 - HUDCO NASA DESIGN TROPHY 2020

APPROACH

REVERSE MORTGAGE OWNERSHIP MODEL LEASE /RENTAL MODEL
The property shall stand mortgaged Is valid for transfer of title through The prospective Lessee/ Tenant can
to financial institutions, which will pay ‘Sale Deed/Transfer Deed’.Allottees reside in the apartment on lease/ rent
a lump-sum or monthly installments will directly purchase the apartment from the Promoter/ Developer for the
to the Allottees for a predetermined from the promoter/ developer, and agreed period, on mutually agreed
period of time. become the owner of the apartment. terms.
NORMS FOR SENIOR CITIZEN HOUSE

Senior citizen houses can be developed with appropriate green Green building principle
spaces to promote social relation. Building more than one floor There should be maximum use of non- polluting and renewable
must be provided with lifts. energy sources

Sliding windows and doors should be used and easy to grip knobs Lifts and ramps
and handles are provided. Door opening should not be less than
900 mm in width. All lifts must have audio and video signages and signaling systems
Mandatory ramps to be incorporated the building to provide for
Furniture should be light weight , sturdy and without sharp edge. wheelchair access
Bathroom
Lighting and ventilation Wash basin should be have grab rails and tiles should be anti-skid.
Power backup should be mandatory in bathroom and kitchen Bathroom door should have opening from outside

Fitness facility Corridor
Jogging and walking track with non-slippery and non- skid surface Steps should not be introduced in corridors

44 | HUDCO NASA DESIGN TROPHY | 2019-20