Maharashtra govt’s new policy to boost ‘Housing for All’, investments, says Housing Minister Save

The Minister further stated that the demand for housing in the state needs to be fulfilled with more real estate development taking place while highlighting that for MHADA's 4000 homes, over two lakh applications were received indicating the stron...

Agencies
The government of Maharashtra has been planning to effect necessary requisites in the state's new housing policy to make 'Housing for All' a reality and to ensure that every citizen gets their own house either through housing body MHADA or slum rehabilitation projects or through other developments, said Housing Minister Atul Save.

In order to boost affordable housing, the government will also find ways to push new investments in the state's housing sector, he said while speaking at a NAREDCO Maharashtra conference.

The minister added that the state government's focus is to ensure a maximum flow of housing in Mumbai and the state and provide all the possible support to the real estate sector and bring in new investments.


“As the Prime Minister Narendra Modi has envisaged under the PM Awaas Yojana to ensure 'Housing for All', the State Government believes that every citizen of Maharashtra should get his own house through the MHADA or SRA schemes or otherwise… The real estate and construction sector should get a required priority,” he said.

Several issues pending in the state's housing sector will be resolved in the new housing policy and 80% draft work of the new policy has been completed and suggestions of the new stakeholders would be considered before finalizing the same. Other departments like home, urban development, revenue, and slum rehabilitation authority (SRA) have also been involved in the policy making, Save added.

"More than 50% of the population in the city still lives in slums and about 20% to 30% of slums are to be redeveloped. We will try to organize a meeting with the stakeholders in the next few days to find solutions to the pending issues,” he said.
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The Minister further stated that the demand for housing in the state needs to be fulfilled with more real estate development taking place while highlighting that for MHADA's 4000 homes, over two lakh applications were received indicating the strong demand for housing.

He requested real estate developers to come forward for redeveloping SRA & MHADA projects and also support in the second phase of PMAY.

For speedy clearances for the housing sector, Save said that the new policy would emphasize on one - window clearance and ease-of-doing-business policy like other industries, which would ensure speedy approvals and completion of projects and safeguard the developers from financial hardships.
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