Poll dates any day, UPA clears building of 1 million houses
The UPA government today cleared a scheme to build a million “affordable” houses across the country over four years to bridge the glaring gap in home-ownership and kick start the sputtering economy. The scheme — to be notified next month — was cleared today, barely days before the Election Commission is expected to notify the elections and bring the code of conduct into effect.
A meeting of the Cabinet Committee on Economic Affairs (CCEA) gave the go ahead for construction of a million houses in partnership with the private sector over the next four years.
The scheme, though targeted at housing for middle and low-income families, will also have 2.5 lakh houses for the economically weaker section (EWS).
The houses will have a plinth area of 300-1,200 sq ft and will be sold at a predetermined price that is expected to be lower than the market price.
To read the full article, click here..
To read the ePaper, visit: http://epaper.indianexpress.com
A meeting of the Cabinet Committee on Economic Affairs (CCEA) gave the go ahead for construction of a million houses in partnership with the private sector over the next four years.
The scheme, though targeted at housing for middle and low-income families, will also have 2.5 lakh houses for the economically weaker section (EWS).
The houses will have a plinth area of 300-1,200 sq ft and will be sold at a predetermined price that is expected to be lower than the market price.
To read the full article, click here..
To read the ePaper, visit: http://epaper.indianexpress.com
Labels: economically weaker section, Election Commission, elections, low-income families, million houses, Poll dates, state housing boards, UPA government
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11:05 AM
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