Maharashtra Govt Sanctions Over 5 Lakh Affordable Homes under PMAY

Mumbai News

The Maharashtra government has recently sanctioned as many as 5, 63,476 affordable homes to be developed across various districts of states under the PMAY scheme. Out of the above figure around 3 lakhs home will cater to the economically weaker section (EWS) of the society in the villages of Thane, Raigad, and Palghar of the MMR region.

According to an official, all these houses will be developed on the land parcels of the private builder as well as state government located in different parts of the state.

Giving more information on the above development, sources from the government said, “The cabinet has recently approved to construct more affordable home in the state. Of all the units nearly 3.57 lakh units will be developed for the EWS segment. These units will be built in Thane, Raigad, and Palghar districts in the Mumbai Metropolitan Region (MMR).”

The government is already developing various houses for the urban poors in various districts of the state.

As per the norms, the houses for the EWS measures 30 sq m while for Lower Income Group (LIG) it is 60 sq m.

In addition to this, to attract prospective buyers, the government has also decided to reduce the overall costing of these units by Rs 2.5 lakh for the beneficiaries.

“Out of the total sanctioned houses, around 42 percent will be constructed on private lands.” Sources added.

Recently, the City and Industrial Development Corporation (CIDCO) has also sanctioned 94,000 affordable units to be constructed in Maharashtra. The authority has already approved Rs 19,000 crore for the development of these affordable units.