By Accommodation Times Bureau
Gujarat, March 4th, 2017: Considering the current targets, it seems very unlikely of the affordable housing vision to be accomplished by 2022. The recent housing survey conducted by the state government, estimated 9.78 lakh houses needed in the state. The survey was under the governance of India’s Pradhan Mantri Awas Yojana (PMAY), the prime facilitator of this project.
According to the state budget for 2017-18, the Gujarat government targeted 45,000 affordable houses under PMAY and Mukhyamantri Saheri Vikas Yojana (MSVY) and another 1 lakh under other schemes. It is assumed that to accomplish these amount of housing will likely take 7-8 years of completion. The state budget allocated is Rs 1,340 crore for varied housing schemes.
The survey conducted was not inclusive of slum development, hence the estimation is claimed to be an analytical number and might not be as high as mentioned, but there are possibilities of missing out on some numbers too.
The estimated number of houses needed in Ahmedabad itself is 3.34 lakh. Following is Surat with demand of 1.28 lakh houses. Rajkot demands for 98,841 houses and Vadorara, 63,964 as per the survey.
As per the survey analysis, almost 3.5 lakh homes will be needed which are based on public private partnership. Some dwellings will be beneficiary-led construction. The highest amount of requirement needed of Affordable housing is under credit linked scheme, where 6.5% interest subsidy will be provided by government for homes which cost up to Rs. 6 lakh.
Gujarat is at the top for implementation of PMAY covering all the 171 urban areas. Yet, the vision of housing for all by 2022 seems quite unlikely to be achieved, as the estimated number is way above the programming at current state.