CIDCO Will Be Building 2.10 Lakh Homes Under Pradhan Mantri Awas Yojana (PMAY)
The City and Industrial Development Corporation (CIDCO) will be developing and planning 2.10 Lakh homes under the Pradhan Mantri Awas Yojana (PMAY).
CIDCO has already given contracts to construct near about 95,000 homes and for lottery scheme 9,249 units will be constructed and sold.
With 1.10 lakh homes, the units are divided into two unit EWS & LIG in which 62,976 units will be constructed for the Economically Weaker Section (EWS) and 47,040 units will be for Low Income Group (LIG). The center is aiming to provide housing for all plan building with a target of 20 million affordable homes for all by 2022.
CIDCO aims to develop and plan all these projects in villages such as Turbhe, Pawane, Bonsari, Kukshet & Shiravane in Navi Mumbai.
With the upcoming government projects the development and plan will boost real estate engagement in Navi Mumbai.
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