OUR CORRESPONDENT
ITANAGAR: The Arunachal Pradesh Assembly on Thursday passed an important Government Bill, paving the way for a fillip to private participation in rental housing as a business model for addressing the huge housing shortage in the State.
The Arunachal Pradesh Tenancy Bill, 2022, which was introduced in the House on Tuesday by Town Planning Minister Kamlung Mosang, was unanimously passed by the members through voice vote.
In a statement to the House, Mossang said that the Bill aimed at creating "a vibrant, sustainable, and inclusive rental housing market in the State". It will enable the creation of adequate rental housing stock for all the income groups, thereby addressing the issue of homelessness. It will also enable institutionalization of rental housing by gradually shifting it towards the formal market, he said.
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