Government notify a Policy known as the Affordable Housing Policy 2013. This policy is made to encourage housing Projects where in apartments of predefined size are made available at predefined rates within a targeted time frame to deserving beneficiaries in urban housing market. Any project for which licence is granted under the present policy cannot be converted into a normal group housing colony under any situation and irrespective of whether or not it falls within the 20% residential sector area limit prescribed for group housing projects. Sale of apartments under this Project will be on Carpet Area basis. It means people have to pay for area only for which they actually use.
As per Affordable Housing Policy, the projects would be allowed in residential zones of notified development plans of various towns and cities. The license for such housing projects would be given on a first come first serve basis.
The maximum area for which such projects can be allowed in a development plan included 300 acres for Gurgaon, Faridabad, Panchkula, Panchkula Extension and Pinjore-Kalka, 150 acres for Sonipat, Panipat, Karnal, Dharuhera, Bahadurgarh and Sohna and 75 acres for the rest of the development plans. In any residential sector not more than five per cent of the net planned area under residential zone can be allowed for projects under this policy.