49% of families still depend on rental housing in Chennai

Government to take initiatives to provide housing for all
At least 49% of families in the city still depend on rental housing contributing to a dip in unoccupied houses, according to data compiled by urban development experts associated with the drafting of the housing and habitat policy. The State is expected to adopt the policy to facilitate housing for all. According to senior officials of the Housing and Urban Development Department, just 3% of the houses in the State remain unoccupied as most of the people are prepared to “make a rent decision” rather than buying a house.

“Tamil Nadu has the lowest percentage of unoccupied houses in the country,” said an official. The percentage of unoccupied houses in Tamil Nadu is only about 3%. Nationally, the percentage is 9%.

The housing and habitat policy also aims at amending development regulations to promote affordable housing and improving infrastructure in urban areas. The Draft Tamil Nadu Combined Development Regulation and Building Rules, 2018, has offered additional Floor Space Index for increasing the affordable housing stock.

Pointing to the recent initiatives, urban planning expert N. Mathavan said the Draft Tamil Nadu Combined Development Regulation and Building Rules, 2018, seeks to increase the Floor Space Index from 1.5 to 1.75, promoting affordable housing projects

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