Rail minister asks RLDA to take up housing projects on land parcels for young employees

NEW DELHI: Railway minister Ashwini Vaishnaw has asked the Rail Land Development Authority (RLDA) to take up residential projects on its land parcels in cities, to create affordable rental housing stocks for its young workforce.

Responding to questions on the projects being executed by the RLDA across the country, Vaishnaw said there is a huge opportunity to develop rental housing complexes in cities which the new workforce can afford. “I have urged RLDA chairman to look into this. This will cater to the requirements of people who come to cities after getting jobs and work. They need decent accommodation at an affordable price,” he added. Rental housing is popular across major global cities.