Every Mumbaikar would be finding a home in their
budget very soon. Even though Mumbai real estate market is the most
expensive in the country, government initiatives will make affordable
housing a reality.
Recently Prakash Mehta, Housing Minister
recently announced government’s plan to construct affordable houses in
Mumbai. This would be constructed not just in Greater Mumbai region but
also on the outskirts to provide a roof overhead.
Although, affordable housing is still a
rarity in Mumbai real estate pricing, the government is busy making it a
plausible. At present, it is finalising the project location such as
Ramabai Colony in Ghatkopar, as announced by Mehta.
“Constructing affordable housing projects in
Mumbai region would be a challenging task. However, building those on
the outskirts can be a good idea if infrastructural development is
ensured. Good schools and colleges, medical facilities and quality
living should be focused upon, otherwise we would end up in creating
more slums,” says Mohit Verma, co-owner, Prenatic Properties and
advisories.
Recently areas such as Boisar, Murbad and
Kalamboli have made headlines because of the availability of properties
below Rs 20 lakh. Availability of large size land parcel makes these
areas a perfect choice for constructing low-budget homes.
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About us
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.
Contact
501, 5th Floor, Plot No - A-123/4,
Odyssey IT Park, Road No. 9,Wagle Estate
Thane (W) - 400 604, Maharashtra, India
Mobile : (+91) 9833 4583 23 E-mail: mchithane@gmail.com
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.
Contact
501, 5th Floor, Plot No - A-123/4,
Odyssey IT Park, Road No. 9,Wagle Estate
Thane (W) - 400 604, Maharashtra, India
Mobile : (+91) 9833 4583 23 E-mail: mchithane@gmail.com
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