Haryana revises allotment rates for apartment units under affordable group housing projects

The spokesperson said that representations were received from industrial bodies like BRICS Chamber of Commerce and Industries etc. for increase in the allotment rates owing to increased cost of land, building materials labour etc. making it difficult for the developers to build affordable units

The council of ministers on Tuesday approved an amendment in the Affordable Housing Policy of August 19, 2013, as amended from time to time under section 9A of Haryana Development and Regulation of Urban Areas Act, 1975.

The spokesperson said the new rates will be made applicable on all licenses granted under Affordable Housing Policy-2013, which are yet to make allotments. (HT Photo for representation)

An official spokesperson said the rates of allotment of apartment units stands prescribed in clause 5(i) of the 2013 policy. These rates were approved in 2013 and subsequently revised in 2021 and 2023. The spokesperson said that representations were received from industrial bodies like BRICS Chamber of Commerce and Industries etc. for increase in the allotment rates owing to increased cost of land, building materials labour etc. making it difficult for the developers to build affordable units.

The spokesperson said the representation was examined and to extend the benefits of Affordable Group Housing (AGH) policy to the targeted beneficiaries, it was felt that in order to encourage affordable group housing projects, the allotment rates for the apartment units under AGH projects across Haryana be increased on an average by 10% to 12%.