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PM Awas Yojana projects reaches final stage of approval in the Konkan division

Two of the five projects under Prime Minister Awas Yojana of the Konkan division have reached the final stage of approvals. The authority has planned to construct 26,000 houses in the Mumbai Metropolitan Region, out of which, nearly 3,000 houses at Thane will soon get an approval from the concerned planning authorities.

According to officials, the affordable housing project in the Konkan division will receive final approval in Diwali this year. He said, “The land acquisition process for the projects has been completed. The construction of the project will soon be started. Nearly four lakh people have already applied for these 26, 000 houses.” 80 percent of these houses are for the economically weaker section (EWS).The household income of the beneficiaries of the PMAY scheme should not be more than Rs 25,000, and the unit on sale should be between 30 square metre and 60 square metre. A subsidy of Rs 2.5 lakh for each EWS buyer will be jointly shared by the Centre and State.

Most of the houses in the Konkan division are around 30 square metre which equals to 322 square foot flat area. A senior MHADA official said, “We are awaiting the state government’s approval of some of our requests. It recently approved to allow a Floor Space Index of 2.5 for the construction of these projects. The beneficiaries from the EWS section will only pay for the construction cost of the project.”

The official stated that the other three projects are on the way to get approval from the planning authorities. He added, “Proposals for approval of the projects are tabled at the City and Industrial Development Corporation of Maharashtra (CIDCO) and the collector’s department of the concerned region.”

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