Affordable housing through PPP mode in Rourkela

Affordable housing through PPP mode in Rourkela

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The project is being developed in accordance with the Government of Odisha’s Policy for Housing for All in Urban Areas, Odisha, 2015

The project is being developed in accordance with the Government of Odisha’s Policy for Housing for All in Urban Areas, Odisha, 2015
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The project is being developed in accordance with the Government of Odisha’s Policy for Housing for All in Urban Areas, Odisha, 2015

The steel city of Odisha is opting for Public Private Partnership mode to create affordable housing for urban poor. Rourkela Development Authority has invited proposal from developers of national repute for developing affordable housing project at Chhend in Rourkela considered to be one of the posh localities of Rourkela. The project is being developed in accordance with the Government of Odisha’s Policy for Housing for All in Urban Areas, Odisha, 2015.

The selected developer will be provided with 3.30 acres of unencumbered land on which the developer has to build 500 EWS units and hand over the same to RDA. RDA in return will transfer 1.75 acres of land to the developer for commercial exploitation. Some incentives like higher FSI, exemption from fees and charges and fast track approval process are also offered to the potential developer. 

Rourkela Development Authority was created by the Government of Orissa in the year 1995 under the Orissa Development Authorities Act 1982 covering the areas of Rourkela civil township, Rourkela Industrial Complex, Rajgangpur and Birmitrapur Sundargarh area. The objective of RDA is to take up planned and systematic development of Rourkela Development Plan Area.