DMPQ- Short note on rental housing scheme.

Affordable rental housing scheme for urban poor including migrants was launched under the aegis of Pradhan mantri awas Yojana. Under this development, government-funded housing in urban areas/cities will be converted into Affordable Rental Housing Complexes (ARHCs). This will be through the public-private partnership (PPP) model. Government housing complexes lying vacant will be converted so that it could be rented out to migrants on concessional rates. As migrant workers/urban poor have been facing challenges in getting houses at an affordable rent, this development was brought in. This will be for migrant workers, as well as urban poor to provide ease of living. The government-funded housing in cities being converted to Affordable Rental Housing Complexes through the public-private partnership will give a much-required impetus to the revival of the real estate sector and other related industries.

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