Central government approves Affordable Rental Housing Complexes (ARHC) Scheme 2020 under the flagship Pradhan Mantri Awas Yojana. In this PMAY ARHC scheme, govt. will provide affordable rental accommodation to migrant workers & urban poor to ensure ease of living. The migrants and poor people will then have to pay less rent on housing and save more money from their income. People will have to apply online by filling PMAY Affordable Rental Housing Complex (ARHC) Scheme application / registration form at official website.
This would be done by converting govt funded houses in major cities into affordable rental housing accommodations or complexes through PPP mode. PMAY 1BHK Rental housing scheme will enable migrant labourers and urban poor to get houses on lesser rent in the area of their working.
The Union govt. of India will provide incentives business companies, state govt’s, agencies, associations to provide low rent housing facility to its workers.
Affordable Rental Housing Complex Scheme (ARHC) Apply Online Form
As migrant labour and urban poor faces challenges in getting houses at an affordable rent, so the govt. will launch Affordable Rental Housing Complex Scheme 2020.
PMAY Affordable Rental Housing Complexes Application / Registration
Just like applications are invited for other housing scheme, the central govt. may invite PMAY Affordable Rental Housing Complex Scheme Apply Online Form 2020. To get houses on rent, migrant workers / urban poor will have to fill ARHC Application / Registration form. These online application forms may be invited through the MoHUA official website or through a new dedicated portal. As soon as the apply online form filling process will start, we will update it here
Ministry of Housing and Urban Affairs (MoHUA) will issue detailed guidelines for this PM Awas Yojana ARHC Scheme 2020. Finance Minister Nirmala Sitharaman has announced this PMAY ARHC Scheme as a component of Atmanirbhar Bharat Abhiyan (self reliant India campaign) on 14 May 2020.
Affordable Rental Housing Complexes Scheme Details
Govt. will launch this ARHC Scheme under PM Awas Yojana to ensure ease of living at affordable rent by the following measures:-
- Converting government funded housing in the cities (JnNURM / RAY) into Affordable Rental Housing Complexes (ARHC) under PPP mode through concessionaire.
- Incentivizing manufacturing units, industries, institutions, associations to develop Affordable Rental Housing Complex (ARHC) on their private land and operate.
- Incentivizing State Government Agencies / Central Government Organizations on the similar lines to develop Affordable Rental Housing Complexes (ARHC) and operate.
Cabinet Approval for ARHCs Scheme under PM Awas Yojana
An affordable rental housing scheme for migrants who went back to their home states during the COVID-19 lockdown has been approved by the Cabinet on 8 July 2020. The Affordable Rental Housing Complexes (ARHCs) Scheme under the Ministry of Housing and Urban Affairs (MoHUA) will be a sub-scheme under the Pradhan Mantri Awas Yojana (Urban). The ARHC scheme will be implemented with an estimated expenditure of Rs. 600 crore. Initially, ARHC scheme aims to cover around 3 lakh beneficiaries.
What is the Need for PM Affordable Rental Housing Complexes Scheme
Covid-19 pandemic has resulted in massive reverse migration of workers and urban poor in the country. These labourers come from rural areas or small towns for seeking better employment opportunities in urban areas. Usually, these migrants live in slums, informal / unauthorized colonies or peri-urban areas to save rental charges. They spend a lot of time on roads by walking/ cycling to workplaces, risking their lives to cut on the expenses.
A large part of workforce in manufacturing industries, service providers in hospitality, health, domestic/commercial establishments, and construction or other sectors, labourers, students etc who come from rural areas or small towns seeking better opportunities will be the target beneficiary under ARHCs.
Implementation of ARHC Scheme 2020
The ARHC scheme will have a 2 pronged approach for the effective implementation. First is the existing vacant government funded housing complexes will be converted into ARHCs through a concession agreement for 25 years. As per the official data, there are 1.2 lakh such govt. houses available under Jawaharlal Nehru National Urban Renewal Mission (JNNURM), PMAY and other state govt’s housing schemes. Out of these, Maharashtra has 35,000 accommodations while Delhi has 30,000 accommodations.
Concessionaire will make the complexes livable by repair/retrofit and maintenance of rooms. Moreover, govt. will fill up infrastructure gaps like water, sewer/ septage, sanitation, roads among others. States/UTs will select concessionaire through transparent bidding. Complexes will revert to Urban Local Bodies after 25 years to restart the next cycle earlier or to run on their own.
Secondly, special incentives like use permission, 50% additional Floor Area Ratio or Floor Space Index, concessional loan at priority sector lending rates, tax reliefs at par with affordable housing among others will be offered to private and public entities to develop ARHCs on their own available vacant land for 25 years. ARHCs will create a new ecosystem in urban areas making housing available at affordable rent close to places of work and will cut down unnecessary travel, congestion and pollution.
The investment under ARHCs is expected to create new job opportunities. Government funded vacant housing stock will be converted into ARHCs for economically productive use. ARHC scheme would create a conducive environment for entities to develop AHRCs on their own vacant land which will enable new investment opportunities and promote entrepreneurship in rental housing sector.
As the detailed information about ARHC scheme are not out yet, check the initial PMAY Affordable Rental Housing Complexes (ARHC) scheme details through the link below:-