https://www.taxtmi.com/news?id=70405 The government has instructed departments to identify vacant state-owned urban buildings for conversion into affordable rental housing under the Odisha Urban Housing Mission. Implementation follows PMAY-U 2.0: conversions or new rental housing may be carried out by public agencies or via public-private partnership, with cost recovery through rents. Local authorities will set initial rents by survey and may permit biennial increases of 8% up to a 20% aggregate cap over five years to maintain affordability. en-us Sat, 07 Feb 2026 09:31:05 +0530 Sat, 07 Feb 2026 09:31:05 +0530 TaxTMI RSS Generator https://www.taxtmi.com/news?id=70405 The government has instructed departments to identify vacant state-owned urban buildings for conversion into affordable rental housing under the Odisha Urban Housing Mission. Implementation follows PMAY-U 2.0: conversions or new rental housing may be carried out by public agencies or via public-private partnership, with cost recovery through rents. Local authorities will set initial rents by survey and may permit biennial increases of 8% up to a 20% aggregate cap over five years to maintain affordability. News - Sat, 07 Feb 2026 09:31:05 +0530 https://www.taxtmi.com/news?id=70405