MCHI – CREDAI sets the ball rolling for Af­ford­able Hous­ing

Accommodation Times - - News -

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.

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