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GUDA Ahemedabad to reserve 5 percent of Land for Middle-class Housing

No Comments Sub Category:Municipality,Realty News Posted On: Aug 01, 2011

Houses for the middle-income group will have a wall-to-wall carpet area of up to 816 square feet, a preferred standard measurement approved by the Union ministry of housing. If one calculates the additional super built-up area, it would be 1,101 square feet.The municipal corporation or urban development authorities deduct 40% from a land owner for civic services. This includes 15% for roads; 5% for open spaces and gardens; 5% for social infrastructure like schools, hospitals, and post-offices. The remaining 15% is reserved in equal measure for sale for residential, commercial and industrial purposes.

Gandhinagar Urban Development Authority (GUDA) has suggested that 5% of 40% land that the government mandatorily takes from all properties – for social and civic infrastructure - be reserved for middle-class housing. The buyer will bear just the construction cost for such apartments and would be able to forget about the land cost. This arrangement is equivalent to slashing a good 60% from the present cost of a 2-BHK apartment.

GUDA has reasoned that spiraling costs are squashing the hopes of many prospective home buyers in the middle-class segment who have a buying capacity between Rs 7 lakh and Rs 20 lakh. A random draw can then be carried out for the allotment of these houses.

Officials have also suggested that given the prevalent land availability between Ahmedabad and Gandhinagar, a cluster of 5,000 houses can be made. “The construction can be based on a PPP model. This way, prices would ebb and not be a burden for the developer,” adds the official.

“We have suggested that 5% land reserved for industrial purpose be set aside for middle-class housing as there is hardly any industrial development between Ahmedabad and Gandhinagar,” the official said. “The second suggestion is to deduct 45% land instead of 40% from the land owner, but allow the owner an FSI on the original 40% deduction. This way, the owner will not have to compromise on his rightful FSI.” GUDA has sent the suggestion to the town-planning committee appointed by the urban development department.

Times of India

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