Centre plans rental housing policy for migrant population
NEW DELHI: Considering that a sizeable chunk of migrant population in cities either don’t want to buy or can’t purchase a house, the government has prepared a policy to increase formal rental housing stock. These will be in the form of hostels, paying guest accommodations and dormitories under the Social Rental Housing (SRH) scheme.
The scheme, aimed at helping poor and labourers besides those, who come to stay in urban areas for short periods for various reasons including studies, short term employment, will get direct support from both Centre and state governments besides market driven rental housing. The urban ministry is finalising the proposal of National Rental Housing Policy, which will be taken to the Cabinet for its approval.
Sources said housing minister M Venkaiah Naidu has asked officials to firm up specific and innovative rental models that can help more number of people. ETRealty (TOI) has learnt that though the scheme was initially proposed as a part of the Housing for All mission, later it was dropped. “But a parliamentary committee had highlighted the need to have rental policy to cater to the need of people, who come to cities for employment and don’t settle there forever,” said an official.