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Real Estate | January 30, 2012
#14424

Panel suggestions on housing scheme

A committee led by Mumbai Metropolitan Regional Development Authority (MMRDA) commissioner Rahul Asthana and chief executive officer of Mumbai Housing and Area Development Authority (Mhada) Satish Gavai suggested giving only 15 percent of the houses built under the rental housing scheme on rent. 
 
 It has suggested that 25 percent of the houses built under the scheme be given to urban local bodies like councils or corporations where the projects are coming up for housing PAPs.
 The remaining units must be sold in the open market as affordable houses, the committee said. 
 
 The committee suggested for those projects where construction has begun, flats of 160 sq ft should be built. For those with permission but where construction has not yet commenced and for all new proposals the housing unit size should be 320 sq ft, the committee said, suggesting the project be renamed affordable rental housing from rental housing.

 
 
 

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