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Uttar Pradesh state cabinet headed by CM Yogi Adityanath, approved a new proposal for Affordable Rental Housing and Complexes (ARHC) scheme on March 26, 2021, for students, migrant workers, urban poor across the state. Under this scheme affordable rental accommodation will be provided to the beneficiaries. This scheme will be implemented under Pradhan Mantri Awas Yojana (Urban). It tends to promote construction of rental housing spaces for urban poor and migrants. This scheme will mainly cover the urban migrants, urban poor, people belonging to SC/ ST/ OBC, widows, working women, divyang and other minorities
Scheme Overview:
| Scheme: | Affordable Rental Housing Scheme for students, poor people |
| Scheme Under: | Uttar Pradesh Government |
| Beneficiaries: | Urban migrants, poor labourers, students, people belonging to EWS, lower income groups and minorities |
| Benefit: | Housing spaces with lower rental rates |
| Major Objective: | To enable urban migrants, urban poor, students to get rental homes at cheaper rates causing no financial burden |
List of Scheme lunched by Uttar Pradesh Government
Scheme Objectives and Benefits:
- The main objective of the scheme is to provide affordable rental spaces houses to urban migrants, urban poor, students, people belonging to lower income groups and minorities
- It will enable the beneficiaries to get houses at cheaper rents
- This scheme will solve the higher rent and where to stay issue arising due to weaker financial backgrounds
- It will boost the real estate sector in Uttar Pradesh
- It will help increase the industrial areas as well as contribute in economic growth and development in the state
Key Points:
- Affordable rental housing scheme is approved by UP state cabinet headed by CM Yogi Adityanath on March 26, 2021
- This scheme is planned for the urban migrants, urban poor, students, people belonging to lower income groups and minorities
- Preference will be given to minorities, widows, working women, divyang etc
- This scheme will be implemented under Pradhan Mantri Awas Yojana (Urban)
- Under this scheme affordable rental spaces/ houses will be provided to the beneficiaries
- This scheme will be implemented under 2 models
- First model includes convert vacant houses funded by central/ state government into an ARHC through an agreement
- Second model includes constructing, operating and maintaining public/ private entities on available vacant lands
- Under this scheme, rental housing and complexes will be provided to the beneficiaries for a minimum of 25 years
- Under this scheme, the property will be let out only on rent and for no other purpose
- In case the property is used for any other purpose then action will be taken by the concerned authority
- This scheme thereby tends to contribute to the economic growth and development in the state in the long run
