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punjab housing

In a bid to provide affordable housing, Punjab is to frame a policy for mega housing projects in the state.

The policy is to incorporate provisions, such as introducing 20% maximum permissible area for group housing in a project where group housing is proposed as part of plotted development.

However, this condition would not be applicable for projects that fall in the mixed land-use zone of a master plan i.e. if more than 20% of the area falls within the zone, the promoter can use the entire area as group housing.

In case the promoter proposes more than 20% area of the project under group housing, the entire additional area would be counted as saleable area of the total project.

Another provision of the proposed policy would be that the area under group housing would be considered part of the total area of the project for fulfilment of area norms. The area under group housing in a mixed development project may be allowed in more than one pocket. However, the area of each pocket shall not be less than five acres.

 

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