To effectively address the emerging urbanisation challenges, the Ministry of Urban Development has come out with a multi-pronged policy framework to promote living close to mass urban transit corridors. This new initiatives seeks to promote ‘Transit Oriented Development (TOD)’ which enables people to live within walking or cycling distance from transit corridors like the Metros, monorail and Bus Rapid Transit (BRT) corridors, currently being taken up on a large scale.
Tag: FAR
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Opportunities Galore
The Pradhan Mantri Awas Yojana (PMAY) or Housing for All by 2022, launched on the 25th of June 2015, is a highly ambitious programme. As the name suggests, the programme aims to provide a house to every Indian by 2022, i.e., in the next seven years.
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Centre to discuss policy support by states for affordable housing
The Ministry of Housing and Urban Poverty Alleviation will discuss with the states the policy measures being taken by them to promote affordable housing projects for the benefit of economically weaker sections (EWS) and low income groups (LIG).