Indore Development Authority to Construct Affordable Houses

Latest Housing News, Schemes & Projects | By Rajkumar

Indore Development Authority has given its approval for the construction of 780 affordable houses and 654 flats for the lower income group in the city. The authority will construct 472 affordable houses at Nihalpur Mundi and 308 houses at Jhumar Ghat.

The 654 flats for the lower income group will be constructed at scheme number 136 of the authority. The decision of construction affordable homes comes after one year when the authority announced to build 30,000 affordable homes at a rate of 6,000 homes per year in next five years. The announcement was made last year in December 2013.

The authority approved the decision of developing 780 affordable homes in first batch of construction during a board meeting on Monday. Along with this, the authority has also taken an important decision to set up a sub-committee to find out ways for acquisition of land from farmers for different its projects.

IDA will soon announce the scheme for the allotment of these affordable houses, stay tuned.

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