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July 1, 2015

WB Govt comes up with new township policy providing housing for all

WB Govt comes up with new township policy providing housing for all

The West Bengal Government has come up with the terms and conditions that developers and investors should follow for the proposed theme-based townships. The new township policy focuses on economic activities and providing housing for all.

According to the guidelines, 25% of the land in a proposed township has to be set aside for the thematic or economic development, for which builders will be selected through e-auction. The developers will have to follow town planning norms, civic laws, environment laws and the national building code for constructions. Besides, 25% of residential units have to be reserved for the poor. While selecting developers, the authorities will check their efficiency, years of experience in handling similar projects and financial strength.

The State Urban Development Department will be the central agency for the six proposed theme-based townships and the West Bengal Housing and Infrastructure Development Corporation will be the state-level nodal agency to assist investors.

Developers will not have to scout for land as the townships will be developed on identified state land. Besides, selected developers will get speedy approvals and clearances at the state level.

A total of 447 acres have been identified for the six proposed townships in Kalyani, Bolpur, Dabgram, Asansol, Dumurjala and Baruipur.

A meeting with prospective investors is slated for July 10 when state officials will brief them on the concept. The State is hoping for optimum utilization of land where state-of-the-art facilities will be set up, along with housing for all.