Maharashtra approves over 8 lakh low-cost housing units

Maharashtra approves over 8 lakh low-cost housing units Latest News

The state government has approved 460 affordable residential projects comprising 8.29 lakh units to provide a much-needed boost to the low-cost housing segment in Maharashtra.

The projects will be undertaken by the Maharashtra Housing Area Development Authority (MHADA) and nearly 62 private builders where the latter will contribute with nearly 2.5 lakh affordable housing units.

The move aims at meeting the target of 19.40 lakh low-cost units in the state by 2022, officials from the state housing department said.

"The units will be built under the Pradhan Mantri Awas Yojana (PMAY) and would mostly come up in Pune and Mumbai metropolitan regions, besides Kolhapur and Nagpur," they added.

Projects to look out for around Mumbai:

Chintamani Habitat

Royale City

Mahaveer Majesty

Satyam Plaza

Olympeo Neo City

Olympeo Riverside

Joyville Virar

Ekta Parksville

Projects to look out for in Pune:

Life Republic

Ivy Estate


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