PM Awas Yojana: BMC to Build 1 Million Affordable Homes in Mumbai

Latest Housing News, Schemes & Projects | By Rajkumar

In the cabinet meeting, Maharashtra government has decided to give different types of concession to economical weaker section (EWS) for projects under central government ambitious Housing for All scheme. Under the scheme, the government has set a target to provide affordable housing units to all people in the state by 2022.

According to the source the BMC has created a Draft Development Plan, which informed that the BMC will construct around 1 million affordable housing units in the city. These housing units are planned to be constructed by using the salt pans and other untapped location in the city.

According to the information received from the source, the land for constructing these projects will be allotted to the government housing agencies at nominal rates as per the cabinet decision. Besides this, 50 per cent concession will also be given in surveyor and development cost and stamp duty is fixed to Rs 1000 for houses meant for economic weaker section (EWS).

MHADA, MMRDA, CIDCO and now BMC has got into housing and also they are targeting the PM Awas Yojna under which people from economically weaker section will get affordable houses up to 30 square meters.


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