Developers to reserve 20% space for EWS

NEW DELHI: Developers may soon have to reserve 20% of the space in their housing projects for economically weaker section (EWS) of the society.

Union housing minister Kumari Selja is all set to hold a meeting with state governments urging them to ensure reservation of developed land for EWS in housing projects.

"Private builders and developers in the city will have to adhere to the new policy and make space for accommodating the poor in their housing projects," Ms Shelja said.

The proposal has been included as part of mandatory reforms to avail funds under the Rs 50,000 crore Jawaharlal Nehru Urban Renewal Mission.

"Delhi and many cities including Gurgaon, Faridabad, Pune, Bangalore, Indore , Banagalore, Kolkata and Lucknow have in-principle agreed to follow 'adequate housing reservation' policy," a senior housing ministry official said.