The Union Minister of Housing & Urban Poverty Alleviation (HUPA) Girija Vyas told the Lok Sabha recently that the National Urban Housing and Habitat Policy, 2007 (NUHHP) includes the aspect of rental housing in the area for specific action. The NUHHP, 2007 has taken note of the difference between demand and supply for housing and endeavors to assist the poorest of poor who cannot afford to pay the entire price of a house by providing them access to reasonably good housing on rental and ownership basis with suitable subsidisation.
In pursuance of the policy envisaged under NUHHP, this Ministry has circulated a Â“Draft Model Residential Tenancy ActÂ” to States for their comments.
The Minister further stated that the Ministry has appointed a Â“Task Force on Rental HousingÂ” to look at the means of increasing the stock of quality rental houses and to enable private sector to take up rental housing on a mass scale. The Task Force is yet to submit its report, the Minister added.