Overview

Dwelling unit area is the total sum of the area walls, floors and ceiling. Any part of the building that includes living facilities, including rooms or a room with toilet, bathing, kitchen or laundry facilities, such as shelters, dormitories, boarding homes and assisted living facilities is called a dwelling unit. Because ofthe Pradhan Mantri Awas Yojana-Urban (PMAY-U), dwelling unit area sanctioninghas been possible in the country and over51 lakh dwelling units have been sanctioned in the last three years under this scheme. This number of dwelling units is much higher than erstwhile housing scheme wherein only 12.4 lakh houses were sanctioned. We at Your Property Doctorcan help in the sanctioning process of these dwelling units.

What are Dwelling Units and What are Their Different Types?

Pradhan Mantri Awas Yojana (PMAY-U) dwelling unitsare sections of larger structures, where individuals or family live, eat and sleep. They are private living quarters where people live away from rest of the residents living in buildings. They are found in a variety of structures, such as apartments, single-family homes and condominium buildings. Many rooms in a large structure such as a motel or hotel are also found. Families or individuals can live, sleep and eat from others in these units. This is the reason they are called separate living quarters. Different types of dwelling units include the following:

• Private Residence: Private residence dwelling units are occupied by private households. Flat, single-family homes, boarding houses, and portions of commercial buildings are its examples. These housing units are meant for the accommodation of less than six individuals.  

• Unoccupied Dwelling Units: This type of dwelling units is not used for the occupancy at the time of enumeration. It also includes housing units that have been vacant for minimum six months.  

• Closed Dwelling Units: This type of dwelling units is occupied by residents.But they are often away throughout the enumeration period, which is less than six months.  

• Double Dwelling Units: This type of housing has two living units on one land unit.  

Advantages of Dwelling Units

Growing Demand for Dwelling Units

The demand for affordable dwelling units in Indiais on the rise, as more and more people migrate from rural areas to urban areas to get better jobs and maintain a high living standard. The Indian government has been promoting these dwelling units to provide housing to all urban households.

Lower Investment

Investment in dwelling unitsis a low cost investment, as the land and construction costs for this type of housing projects are less than luxury housing projects.

Long-Term Growth

The dwelling units have long-term growth potential, as demand for these units is expected to rise in time to come. This growth potential can make this type of housing an attractive investment for those, who are looking for stable returns over a longer period.