Affordable housing projects should be exempted from tax to solve problem of vacant housing

With Ahmedabad as a case study, the report by Anant University on ‘Paradox of Vacant Houses in India’, said the phenomenon of keeping the house vacant was observed across the board in the country. But the study found this to be more acute in the affordable segment.

File photo
File photo

NEW DELHI: Allowing housing projects that have 30-50% rental units to access higher floor space index, making eviction easier and ensuring rental returns closer to market returns are some of the recommendations made by a report that studied the problem of vacant housing in India.

With Ahmedabad as a case study, the report by Anant University on ‘Paradox of Vacant Houses in India’, said the phenomenon of keeping the house vacant was observed across the board in the country

 

https://economictimes.indiatimes.com/wealth/real-estate/affordable-housing-projects-should-be-exempted-from-tax-to-solve-problem-of-vacant-housing-report/articleshow/80244750.cms