India, March 24 -- An allowance of an additional 50% floor area ratio (FAR) with transferable development rights (TDR) for economically weaker sections (EWS) and low-income groups (LIG) housing and a provision for mandatory reservation of 5% of built-up area for housing economically weaker sections in all housing projects beyond 10,000 sqm built-up area or 5,000 sqm plot area are some of the policies being advocated by the union government under Pradhan Mantri Awas Yojana-Urban (PMAY-U) 2.0 to augment the affordable housing stock in the country, the Rajya Sabha was told on Monday.

TDRs, or Transferable Development Rights, function as permits for construction that are independent of land ownership. They enable landowners facing developmen...