Maharashtra PWD Minister Eknath Shinde on January 16 asked realty developers from the city to focus on construction of affordable housing projects. Such projects will allow the middle-class citizens to realise their dream of owning a house, said Shinde, who is also Guardian Minister of Thane.
"Developers can very well build big flats and grow their business. But at the same time they should also provide housing for the middle-class people," he said. The Minister was speaking after inaugurating the 14th Real Estate and Housing Financial Expo-2015 here.
Stating that he has seen the rapid growth of the city in the last few years, Shinde said developers would definitely get help from the Government in the interest of citizens.
The realty firms could also undertake development of roads and we will examine if they can be given TDR (Transfer of Development Rights) for the same, he said. TDR means making available certain amount of additional built up area in lieu of the area relinquished or surrendered by the land owner.
There are more than 100 builders who have exhibited their properties at the expo, which will conclude on January 19. For the first time Thane unit of the Anti-Corruption Bureau has put up a stall in the exhibition.
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MCHI-THANE has always been very clear that fine housing complexes and shopping malls cannot stand in isolation. A great City is the sum total of great buildings, great infrastructure and great people. MCHI has been committed to growth of the real estate sector and is credited with the harmonious growth and rise in quality and standards of construction in Thane City in the past decade.
Its aim as an Association of Developers has been to seek rational rules and regulations which are uniformly applied across the board as this will to a great extent result in speedy construction, cost reduction, fair pricing and a push for better quality standards at par with the developed world, with a high level of transparency.
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