Additionally, the policy also includes provisions for fast track approvals of housing in Economically Weaker Section (EWS) and Low Income Group (LIG) categories. Besides, it provides for their incentivization in the form of exemptions from building permit fee, land use conversion and external development charges.
The policy also aims to provide Rental Housing in which EWS families will be given dwelling unit on license basis for occupation and use for a particular period on making initial deposit and monthly charges. The policy has been approved under the broader vision of meeting the growing requirement for affordable housing, slum redevelopment and rehabilitation and rental housing, for which an initial target has been set for construction of 1 Lac dwelling units over the next 5 years.