Shelter @ Speed of
Snail ? [ S 3 ]
Economic Times ( 22 Sept ) carries following news
report titled :
Govt Unveils New Policy to Spur ‘ Housing for All ‘
Public – private partnership policy aims
to attract private investments , use idle lands to meet target
For private investments in affordable housing , the
policy comprises :
# 2 PPP models for Private Lands
# 6 PPP models for Government Lands
The six models using
government lands are:
1. DBT MODEL:
Under this option,
private builders can design, build and transfer houses built on government
lands to public authorities. Government land is to be allocated based on the
least cost of construction. Payments to builders will be made by the public
authority based on progress of project as per agreed upon milestones and buyers
will pay to the Government.
2. MIXED- DEVELOPMENT CROSS –SUBSIDIZED HOUSING :
Government land to be
allotted based on number of affordable houses to be built on the plot offered
to private builders, cross subsidizing this segment from revenues from high end
house building or commercial development.
3. ANNUITY-BASED
SUBSIDIZED HOUSING:
Builders will invest
against deferred annuity payments by the Government. Land allocation to
builders is based on unit cost of construction.
4. ANNUITY-CUM-CAPITAL
GRANT BASED AFFORDABLE HOUSING:
Besides annuity
payments, builders could be paid a share of project cost as upfront payment.
5. DIRECT RELATIONSHIP
OWNERSHIP HOUSING:
As against government
mediated payments to builders and transfer of houses to beneficiaries in the
above four models, under this option, promoters will directly deal with buyers
and recover costs. Allocation of public land is based on unit cost of construction.
6. DIRECT RELATIONSHIP
RENTAL HOUSING:
Recovery of the costs
by builders is through rental incomes from the houses built on government
lands.
=======================================================
BACKGROUND :
BACKGROUND :
#
" Housing for All "
mission was launched in June 2015
, to construct 200 Lakh houses
by 2022
#
As of Sept 2016 , construction of 9 lakh houses was approved by the Ministry of
Housing
#
Of these , some 72,000 houses
were under construction across 7 states
# As
on Sept 2016, only 2,883 houses
have been completed ( 1719 in Gujarat / 718 in
Chhattisgarh / 446 in Tamil
Nadu )
# Out of 36 States plus UT , 15 have not even sent their proposals to the Ministry !
At
this rate , by 2022 , I
expect following situation :
#
5 Lakh .... under construction
#
25,000.... completed
# 5,000 .... allotted
=======================================================
QUESTIONS :
# Has there been dramatic
improvement / progress in last one year , since Sept 2016 ?
# With 5 years left ( 2015-2022 target period ) , is there
even a slim chance that the
new policy can
enable us to wave some kind of a MAGIC WAND
to construct 200
lakh
houses , instead of my
projection of 5 lakh ?
# Although this NEW POLICY has incorporated most of my suggestions
from Email :
A
Dream House by 2020 ? [ 01 Sept 2015 ]
what “ issues “ remain
unanswered in the NEW POLICY ?
# How can these “ Unanswered
Issues “ get addressed ?
=======================================================
ANSWER :
I wish the Policy Makers had taken a few
minutes to carefully read my following E Mails :
=======================================================
=======================================================
=======================================================
=======================================================
=======================================================
=======================================================
Dear Shri Hardeep Singh Puriji :
Having taken over the portfolio of Housing and Urban Affairs , only recently ,
you may not have had a chance to read my earlier emails
I urge you to do so
=======================================================
22 Sept 2017
www.hemenparekh.in
/ blogs
With Regards,
hemen
parekh
(
M ) +91 - 98,67,55,08,08
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