Page 11 - HUDCO-SHELTER-APR21

THEME PAPER

Figure 4: Prefabrication technology for low cost housing

Source - Google image

value of land and housing for categories. In Punjab, for available off the shelf, for
urban poor has been made example, for all residential creating affordable housing
possible through comprehensive projects of 40 hectares and stock.
urban development and re- above, 10% of the area under Making Landowners Integral
development programmes residential use is earmarked for part of Affordable Housing
launched by the government. construction of housing for the
For sourcing land, it will be vital
poor, provided minimum area of
Creating Land Banks Creating to make land owners, co-
colony is 40 Hectares. In
land bank is another option for partners in the development
addition, 10% of flats are to be
promoting cost-effective and process. Globally, nations have
reserved for these categories, if
affordable housing in urban used this process by pooling raw
the number of flats exceeds 100.
centres. In this process, land is land; undertaking planning and
In case of Haryana all
sourced from different schemes development of the land so
developers are required to
and pooled to create a land bank pooled; making provision of the
provide 20 percent of total plots
for creating affordable housing. basic infrastructure and services;
for the EWS category. Similar
Provision already exists in return majority (70% appx.) of
provisions need to be made in all
different planning laws to land to the landowners for sale.
state laws to create a land bank,
earmark certain percentage of Landowners are required to pay
from where developed land,
plots/ area of the scheme for part of the unearned profit
with all approvals, can be made
creating housing for EWS/LIG accruing from difference

April 2021 Volume 22 No. 1- SHELTER 9