📋 Tender Overview
The aims and objectives of Affordable Rental Housing Complexes ARHC Scheme announced under Atmanirbhar Bharat Package are as follows To address the vision of AtmaNirbhar Bharat Abhiyan significantly by creating a sustainable ecosystem of affordable rental housing solutions for urban migrantspoor.To achieve overall objective of Housing for All encompassing the need of affordable rental housing for urban migrantspoor. ARHCs will provide them dignified living with necessary civic amenities near their place of work.To create a conducive environment by incentivizing PublicPrivate Entities to leverage investment for creatingaffordable rental housing stock to take care of their own requirements for workforce and also cater to neighbouring areas if they have available vacant land.A total of 88236 existing Government funded vacant houses are available to be converted into ARHCs for rental accommodation to migrants under Model-1 of ARHC Scheme. However no vacant houses are available in Telangana for rental accommodation to migrants under Model-1.Initial affordable rent of ARHCs will be fixed by the local authority based on a local survey prior to the issuance of Request for Proposal RFP by Urban Local Bodies ULBs. Subsequently rent will be enhanced biennially by 8 subject to maximum increase of 20 in aggregate over a period of 5 years effective from the date of signing the contract. The same mechanism shall be followed over the entire concession period i.e. 25 years.
