Affordable Rental Housing Complexes (ARHCs) as a Sub-scheme under Pradhan Mantri Awas Yojana- Urban (PMAY-U) to provide affordable rental housing to urban migrants/ poor close to their workplace. The sub scheme aims to create a conducive ecosystem for Public/ Private Entities to leverage investment in rental housing.
ARHCs is required due to the following reasons:
Beneficiaries for ARHCs are urban migrants/ poor from EWS/ LIG categories. ARHCs will be a mix of single/double bedroom Dwelling Units and Dormitory of 4/6 beds including all common facilities which will be exclusively used for rental housing for a minimum period of 25 years.
These complexes will ensure a dignified living environment for urban migrants/poor close to their workplaces at affordable rates. This will unlock existing vacant housing stock and make them available in urban space. It will propel new investment opportunities and promote entrepreneurship in rental housing sector by encouraging Private/Public Entities to efficiently utilize their vacant land available for developing ARHCs.
The ARHC scheme will be implemented through two models:
Process flow of Model 1
Process flow of Model 2
It is to be implemented in all statutory towns, notified planning areas and areas under Special Area/ Development Authorities/ Industrial Development Authorities.
Note: ARHCs will be considered till March 2022.
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