49% of families still depend on rental housing in city

Chennai | Friday | 21st September, 2018

Summary:

more-inAt 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. “Tamil Nadu has the lowest percentage of unoccupied houses in the country,” said an official. The Draft Tamil Nadu Combined Development Regulation and Building Rules, 2018, has offered additional Floor Space Index for increasing the affordable housing stock. The housing and habitat policy also aims at amending development regulations to promote affordable housing and improving infrastructure in urban areas. The percentage of unoccupied houses in Tamil Nadu is only about 3%..