Uttarakhand to Complete 16,000 Affordable Homes by March 2025

Affordable Housing in Uttarakhand

Uttarakhand to Complete 16,000 Affordable Homes by March 2025 The Uttarakhand government has launched a major project to build 16,000 affordable homes for low-income families in Dehradun by March 2025. Spearheaded by the Uttarakhand Housing and Urban Development Authority (UHUDA) and the Mussoorie Dehradun Development Authority (MDDA), this initiative aims to meet the housing needs of economically disadvantaged groups.

Projects Overview

  • UHUDA's Role: UHUDA is managing 15 projects in partnership with private investors, aiming to deliver 12,856 homes. This collaboration not only speeds up construction but also offers cost-effective solutions for beneficiaries.

  • MDDA's Projects: MDDA is also overseeing three projects in Dehradun, providing 704 flats. This includes completed projects like Transport Nagar and Tarla Amwala, with another project in Dhaulas set for completion by March 2025.

Subsidies and Affordability

Beneficiaries can buy these homes at a much lower price. Each house, valued at ₹6 lakh, comes with government subsidies of ₹3.5 lakh, reducing the final cost to just ₹2.5 lakh. Families must have an annual income below ₹3 lakh and have lived in Uttarakhand since June 15, 2015.

Impact on Dehradun's Real Estate

This project not only tackles housing shortages but also boosts Dehradun's real estate market, making homeownership more accessible to marginalized communities. By integrating affordable housing into urban planning, Uttarakhand's government is promoting inclusive development and social reform.

Conclusion

The plan to provide 16,000 affordable homes by March 2025 is a concrete step towards fulfilling Prime Minister Narendra Modi's vision of ensuring every family has a permanent house. This collaboration between state authorities and private investors sets a precedent for affordable housing models across India.