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Maharashtra will have to build 50 lakh new homes by 2022 to meet 'housing for all' target.
Q: What will be the state govt. role to develop 50 lakh new homes by 2022?

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Latest Answer: The 2022 target of a pucca home with basic facilities in the name of the lady of every household in the country will be achieved two years in advance.
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Budget failed to offer incentives to affordable housing sector.
Q: The affordable housing sector was expecting that the Modi govt, like last time, would extend some support to it and solve the difficulties. But hopeless result.

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Latest Answer: Good evening friends, It is really a good news as it will increasing the standards of living by giving proper homes and subsidised interest rates to EWS and LIG groups will not only aid in fulfilment of their social needs but also help everybody associated with the real estate sector. We are happy with this decision and welcome it wholeheartedly.
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Corporatisation will bring Mumbai Port in line with top real estate firms.
Q: Is it right that Corporatisation of ports will offer immense elasticity in terms of fund-raising and expansion???

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Latest Answer: Right Bikram, Roti, Kapda and Makan are the three basic needs of the people moves to Mumbai. You provide them Makan, they will arrange the rest of the two. He may not have resources to invest in property and he is not sure about how long he is going to stay in the city.
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12 smart cities to come up at ports with Rs 50000-crore investment
Q: Union Minister Nitin Gadkari said that the government is working on an ambitious plan to build one smart city each at the country's 12 major ports, at an estimated total investment of Rs 50000 crore.

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Latest Answer: To get the reasonable result, govt. should support those cities or state first. "Jyada Khakar Bimar Hone se Achcha Hai ki Kum Khakar Healthy Rahe"......... Government grants will be leveraged to attract funding from internal and external sources but unless there is a possible business model or guarantee from the centre, this would not be easy. Also, the track record of Public Private Partnership (PPP) projects is at best mixed and when there would be multiple parties involved like the center, states, local bodies and private entities, the task would be even more challenging.
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Affordable Housing can get a uplift in MMR.

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Latest Answer: Hi Rakshit and Abhishek, It will not only solve the housing shortage but at the same time, it will increasing the standards of living by giving proper homes and subsidised interest rates to EWS and LIG groups will not only aid in fulfilment of their social needs but also help everybody associated with the real estate sector. We are happy with this decision and welcome it wholeheartedly.
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PIL appeal for affordable housing in Maharashtra

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Latest Answer: Hi Asish and Ravi, It is imperative to understand that Housing for all by 2022 is a bigger term than what is being understood by the common public. There is lot more to it than just providing houses to everyone. The government has planned to not only build more houses, but to redevelop slums, decrease interest for poor section, involving private sector and also aid urban poor for renovating the existing homes.
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Mahindra Lifespaces moving towards affordable housing
Q: Hi, a realty arm of Mahindra Group, Mahindra Lifespaces focused on affordable housing called called "Happinest".

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Latest Answer: Good Morning Manis and Anirudh, Mahindra Lifespace Developers is ambitious to join hands with the central and the state governments and participate in the public private partnership (PPP) programme to make affordable housing a reality for large number of Indians. Their residential segments catering to mid-premium and super premium households.
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Affordable houses may take time
Q: Hi, do you think that the affordable houses will take time

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Latest Answer: Yes, what you mentioned is right but the Maharashtra government will change rules and regulations to help in delivery of affordable housing projects for the millions of the state's poor. Making sure that the offered new housing policy would be "pro-people", Maharashtra CM Fadnavis told the developers to work together with the government in its mission to provide affordable housing for the lower-middle class and the poor people.
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Affordable homes on Ghodbunder Road
Q: Hi, Looks like Ghodbunder Road is going to be next most preferred destination due to availability of affordable houses.

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Latest Answer: Hi everybody, Yeasterday, the Maharashtra government will change rules and regulations to help in delivery of affordable housing projects for the millions of the state's poor. Making sure that the offered new housing policy would be "pro-people", Maharashtra CM Fadnavis told the developers to work together with the government in its mission to provide affordable housing for the lower-middle class and the poor people.
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High Demand for affordable housing
Q: It seems that there is a high demand for affordable housing in metro cities.

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housing minister prakash mehta
amendment in affordable housing rules
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Latest Answer: Hi Shantanu & Rakshit, At the same time Housing Minister Prakash Mehta recommended a decrease in FSI-TDR rates to make land available to developers in return for a specific percentage of free homes to the government, which could be sold at low prices to the poor classes. Through this, the govt could eliminate its Rs.350000 crore financial debt pressure got from the past program.
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