Slum Clearance board to build 8.29 lakh homes under housing for all scheme

C Shivakumar @ Chennai:

Tamil Nadu Slum Clearance Board, the state level nodal agency for implementing the Pradhan Mantri Awas Yojana (PMAY), has sought permission from the state government to build 8.29 lakh homes in the 666 urban local bodies in the state under the four components of the scheme.

It is learnt that Slum Clearance Board was implementing the scheme under three components which include insitu slum redevelopment; affordable housing in partnership with private and public sectors as well as parastatal agencies and subsidy for beneficiary-led individual house construction. The fourth component, Affordable Housing through Credit Linked Subsidy, is being implemented by urban local bodies and municipalities.

The housing requirement under all the four verticals is 8.29 lakh. The State Government is seeking approval for constructing 2.01 lakh houses during the year 2017-18 and the the project cost works out to Rs 7078.61 crore.

Sources said that Slum Clearance Board wants to take over the Credit Linked Subsidy component from the local bodies. Under this component, interest subvention subsidy is offered for economic weaker section and low income group for building new houses.

Houses with size upto 30 square metre is offered at subsidized rate to economic weaker section whose income is less than Rs 3 lakh while houses with size upto 60 square metres is offered to low income group with an income not less than Rs 3 lakh and not more than Rs 6 lakh.

The housing requirements under the Credit Linked Subsidy Scheme is 1.47 lakh and slum clearance board officials feel that progress made by the local bodies has been slow.

Factfile:

Housing for all Mission is being implemented under 4 verticals.

1.  Insitu Slum Redevelopment:

a.  Using land as a resource

b.  With private participation

c.  Offering extra Floor Space Index or transferrable development rights (TDRs)

2.  Affordable Housing through Credit Linked subsidy:

a.  Interest subvention subsidy for EWS and LIG

b.   EWS: Annual household income upto rs 3 lakh and house size upto 30sqm

c.  LIG: Annual Household income between Rs 3 to Rs 6 lakh and house sizes upto 60 square metres

3.  Affordable Housing in Partnership

a.  Partnership with priate and public sectors and parastatal agencies

b.  Central assistance as per EWS house in affordable housing projects where 35pc of constructed houses are for EWS

4.  Subsidy for beneficiary-led individual house construction

a.  For EWS individuals requiring individual house

b.  State to prepare a separate project for such beneficiaries

c.  No isolated or splintered beneficiary to be covered

Factfile 2:

1. Total Houses requirement in 666 urban local bodies is 8.29 lakh

2. The State Government is proposed to get approval for 2,01,357 houses during the year 2017 – 18. 

3. The project cost works out to Rs. 7078.61 crore

4. The State Government has sanctioned the budgetary support of Rs 826. 93 crore for the year 2017–18.  

5. Out of 666 Towns the Housing for All Plan of Action were receieved from 528 Town Panchayat ,90 Municipalities, 3 Corporations. 43 have yet to be submitted