Bhubaneswar: To give the much-needed push to the real estate sector and create adequate opportunities for growth of affordable housing in urban areas during and post-COVID-19, the Odisha government has introduced some major reforms in planning and building rules for construction of houses and multi-storied apartments in the state.
A new set of rules namely, Odisha Development Authorities (Planning & Building Standards) Rules, 2020, has been approved by the government which will obviate the need for formulating multiple regulations by the development authorities.
Speaking to mediapersons, Housing and Urban Development Minister Pratap Jena said that the changes in the rules and regulations are aimed at attracting more investments in real estate and giving a boost to GDP growth. “Now a common man has a hassle-free system, which will facilitate the construction of more houses,” he said,
Elaborating on the reforms, the minister said, “Buildings having eight dwelling units will now be termed apartment instead of the present four. The restriction of a minimum plot size of 500 metre has also been done away with.”
Besides, some new model plans have been prepared for the benefit of the people who can start construction work after depositing the necessary amount and an undertaking. They do not have to run to authorities concerned for housing plan approval any more, he added.
Stating that there was no need to take permission for the renovation of old houses, Jena said floor area ratio has been increased to 7. For vertical buildings, a deposit of 50 per cent of land has been reduced to 25 per cent and it can be paid in instalments, he added.
According to government sources, these rules were framed after a series of engagements with all the stakeholders for a period of almost six months. Thereafter, the draft rules were proclaimed in February 2020, inviting suggestions and objections. After considering thousands of suggestions received from a diverse range of persons, institutions and associations, the rules were finalized and notified on August 6.
Here are the details of the policy reforms:
Standardization and Digitization
Putting Public Convenience at Centre Stage
Promotion of Affordable Housing
Introduction of mixed-use norm
Pragmatic approach for city re-densification and effective utilization of urban space and urban infrastructure:
Transit-Oriented Development:
Boosting Real Estate Development
Strengthening the Enforcement Infrastructure norms through Third Party Inspection:
Making Structural Safety and Fire Safety non-negotiable priorities:
With all these and many more provisions in the new Rules, the government wants to bring about a radical change in the Real Estate sector, which is expected set in competition in the market and ensure investment in an unprecedented scale in the real estate sector in general and affordable housing in particular, the sources added.
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