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Union ministry recommends DDA to undertake the development of LIG flats

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Delhi Development Authority must concur to construct 40,000 units per year for less-income groups (LIG) who will find hard to pay high; this was directed by the Union Urban Development Ministry. As per to the plan, people who will have to or else move to slum must be given a small apartment on rental basis before they are forced to purchase the apartment. This will be achievable with Central Govt. financial support and also helps in to check slum inhabitants.
Urban Development Secretary said to the www.propertykhazana.com that, “Plan is in final stage and on an average of at least 40,000 people migrate to Delhi for their livelihood. Increase of slums has to be checked and this move can be of great help in doing so. DDA has no impasse of resources; therefore taking up this proposal is not a hard task. They can pay a small rent as they will not be having funds, but this plan is to encourage them to possess the property”, he added.
The advice is because it will force the rent payers to be the proprietor of the property afterward. CEO of JLLM said to www.propertykhazana.com that, “Slum inhabitants can be allocated with a proper living spaces as the left over units can be sold out at reasonable rates. It can be a useful model for the slum people.” The Government is giving developers substantial incentives through single-window approvals, decreased taxation and Infrastructure enablement if they are ready to construct reasonable residences. DDA had an aim to develop 6,000 apartments for the slum dwellers and this has met with an excellent response.
Source: NBTVLIVE

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