NEW DELHI: In a fillip to its flagship Housing-For-All programme , the Modi government has identified vast tracts of land in eight cities belonging to sick public sector undertakings (PSUs) to be monetised or leased for low cost houses for the poor. These cities include Gurgaon, Hyderabad, Pune and Ranchi.Working on PMO directives, the ministry of housing and urban affairs has finalised a public private partnership model to provide affordable housing . In many states, the beneficiaries have been identified but land remains an issue,” said a senior official.A four-member committee constituted in May has finalised a working model. Infrastructure facilities and open spaces to be mandatorily provided have been identified. The developer would maintain the houses till they are allocated.Sources said the National Buildings Construction Corporation ( NBCC ) has been tasked with identification of sick PSU land and framing a model memorandum of understanding and other contracts.State governments would facilitate affordable housing projects through single window clearances and fast track approvals, waivers and reductions wherever possible.

Source: Economic Times July 10, 2017 18:32 UTC