Know what is the plan?
The proposed ARHC will ensure affordable and easily accessible rental housing in the vicinity for the urban poor or migrant workers near their workplaces in Delhi. While the provision of ARHC has been made in MPD-2041, it has been decided to include it in the existing master plan also so that it can be implemented at the earliest. Under the scheme, the ARHC will have residential units – single and double bedrooms and four-six-bed dormitories combined with common facilities. These can be developed on private or government land or on plots auctioned by the DDA.
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Know what the experts say?
Mudassir Zaidi, executive director of Knight Frank, said it is a good concept, but it is unlikely that many developers will invest as there is a huge gap between rental yield versus investment in developing these complexes. However, there is a need to encourage these projects.
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