Chandigarh, March 24 The Haryana Cabinet on Tuesday approved an amendment to the Affordable Housing Policy-2013 and decided to increase the allotment rates for apartment units under affordable group housing projects by 10-12 per cent.
The Cabinet, which met here under the chairmanship of Chief Minister Nayab Singh Saini, approved the amendment in the Affordable Housing Policy-2013 as amended from time to time under section 9A of the Haryana Development and Regulation of Urban Areas Act, 1975, an official statement said.
The rates of allotment of apartment units are prescribed in Clause 5(i) of the Affordable Housing Policy-2013.
These rates were approved in 2013, and later revised in 2021 and 2023, it added.
It said that representations have been received from the industry, bodies like the BRICS Chamber of Commerce and Industries, etc., for an increase in the allotment rates, due to increased project costs, increased land costs, increased costs of other building materials, as well as high labor costs, making it difficult for developers to build affordable units.
"The representation has been examined, and to extend the benefits of the Affordable Group Housing (AGH) policy to the targeted beneficiaries, it is felt that in order to encourage affordable group housing projects, the allotment rates for apartment units under AGH projects across the State of Haryana may be increased on average by 10 to 12 per cent from previous rates," the statement said.
In Gurugram, the maximum allotment rate per square foot will increase from ₹5,000 to ₹5,575.
For Faridabad and Sohna, the maximum allotment rate per square foot will now be ₹5,450, while it will be ₹5,050 for other high and medium potential towns in the state and ₹4,250 for low potential towns, the statement said.
These rates may be applicable to all licenses granted under the Affordable Housing Policy-2013, which are yet to make allotments.
In cases where applications have already been invited, a differential amount will be demanded from the successful candidates, but the draw will be conducted on the basis of applications already received.
In case any applicant is not interested in participating in the draw on revised rates, then the amount already deposited with the application will be refunded to such applicants without any deduction, and a public notice in this regard shall be issued by the developer.
In another decision, the Haryana cabinet accorded approval to the Policy regarding the utilization of land earmarked for mixed land use in various department plans of the state.
The provision of mixed land use zones has been made in a few development plans, wherein residential, commercial, public and semi-public as well as industrial use are proposed, the statement said.
Since the percentage of uses allowed in such mixed land use zones has not been prescribed in the respective development plans, the permissions for setting up different permissible projects therein could not be granted and are pending with the department. Hence, the Cabinet has approved a comprehensive policy to address the issue, it added.
According to the newly formulated Policy, the residential, commercial and institutional uses in mixed land use zones will be permitted irrespective of any percentage cap against the net planned area of the relevant sector/zone.