Pages

Tuesday, 15 May 2012

Boost for affordable housing as landowners, Mhada joins hands in Mumbai

In Mumbai, keeping in view the shortage of affordable housing, the state government has approved a policy that enables private landowners to lease out land to the state housing agency Mhada in exchange for incentive in development rights. This could create around 1 lakh additional homes, which could be auctioned through the Mhada lottery.