Minorities from EWS to Get Priority for ARHC Flats

Persons belonging to SC, ST and OBC communities; widows, working women, divyang and minorities from economically weaker sections or low income groups will get preference in allotment of flats or dormitories under the affordable rental housing scheme. The operational guidelines issued by the housing ministry for affordable rental housing complex (ARHC) scheme has suggested that monthly rental of Rs 3,000 could be financially viable in the case of renting out of government-funded flats in Delhi, which are largely in its outskirts and Rs 3,000 in Faridabad, Agra, Ludhiana and Ernakulam. In order to make construction and operation of ARHCs a lucrative business model for investors, the guidelines say all private and public entities including land owners implementing this scheme for urban poor and migrants will get income tax and GST exemption on the profit they will make from this venture. To begin with, 1.08 lakh completed houses will be rented out.