Maharashtra govt aims to build 10 lakh affordable homes in Mumbai region...

Maharashtra govt aims to build 10 lakh affordable homes in Mumbai region

The government of Maharashtra is looking at building at least 10 lakh affordable homes in the Mumbai Metropolitan Region (MMR) and 5 lakh affordable homes across rest of the state, said the state’s Minister of Housing, Mining & Labour Prakash Mehta.
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“Additionally, the government is fully committed to improving the present infrastructure of MMR as well as other cities across Maharashtra. We look forward to partnering with the private sector in fulfilling the Prime Ministers vision of Housing for all, by 2022,” the minister said at a conference here.

Earlier this month, Union minister for housing and urban affairs Hardeep Singh Puri had said that the government is set to achieve its ambitious target of ‘Housing for All’ by mid next year, much earlier than its stated deadline of 2022 given the rapid pace of sanctions so far.

“Our target is to sanction total 11 million homes, of which 4.5 million units have already been sanctioned,” Puri said here on Tuesday. “In addition to this, we are sanctioning around 3-5 lakh urban units every month. With this pace, we’ll be able to finish our target by mid of 2019,” Puri had said.

The government launched its flagship mission ‘Housing for All by 2022‘ on June 25, 2015. This programme is divided into two schemes, namely Pradhan Mantri Aawas Yojna (Urban) and PMAY (Rural).

Info- https://realty.economictimes

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