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Maharashtra govt approves development of PMAY houses under PPP model

Posted by Urban Avenues on November 30, 2018
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The resolution states that five acres of privately owned land would have to developed with good roads, public transport facilities, healthcare, schools, water and drainage facilities.

Maharashtra govt approves development of PMAY houses under PPP model

PIMPRI CHINCHWAD: The state housing department has approved a resolution to develop public-private partnership housing units under the Pradhan Mantri Awas Yojana in all the municipal corporations.

The resolution states that five acres of privately owned land would have to developed with good roads, public transport facilities, healthcare, schools, water and drainage facilities.

The developers would have to prepare a detailed project report in consultation with the municipal corporations and get it approved by the state and central appraisal committee. The ministry of housing and urban affairs has issued PPP units for the policy.

The Pimpri Chinchwad Municipal Corporation (PCMC) has decided to build 60,000 affordable houses under the public-private partnership.

At present, the PCMC has the capacity to have 10,000 housing units. The remaining 50,000 houses would have to be completed by the developers, joint city engineer Rajan Patil said.

NEWS SOURCE: https://realty.economictimes.indiatimes.com/news

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