MCHI – CREDAI sets the ball rolling for Affordable Housing
Mumbai & MMR has been facing acute shortage of quality affordable housing since a long time. In order to find a solution, MCHI-CREDAI had initiated a process in this direction, by signing an MOU with the Govt. of Maharashtra in April 2010. By way of this MOU, MCHI-CREDAI had pledged the maximizing of construction of more affordable Homes in Mumbai and MMR under the “Home for all” initiative. On the policy side, under this MOU the Government of Maharashtra was to give speedy clearances to the Developers for the affordable housing projects.