Mumbai: The Maharashtra Housing and Area Development Authority (Mhada) has envisioned a Rs5,000-crore project to redevelop its housing colonies on its own, instead of letting private developers walk away with profits.
It will utilize portions of the sprawling housing societies to build 10,000 affordable homes after rehabilitating its tenants. But housing industry sources are sceptical about Mhada’s plan taking off, as tenants have got more lucrative offers from builders, including larger homes.
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Links:
[1] http://admin.indiaenvironmentportal.org.in/news/mhada-spend-5000-cr-redevelop-56-its-colonies
[2] http://admin.indiaenvironmentportal.org.in/category/newspaper/times-india-mumbai
[3] http://admin.indiaenvironmentportal.org.in/category/thesaurus/maharashtra
[4] http://admin.indiaenvironmentportal.org.in/category/thesaurus/mumbai
[5] http://admin.indiaenvironmentportal.org.in/category/thesaurus/housing-construction
[6] http://admin.indiaenvironmentportal.org.in/category/thesaurus/housing
[7] http://admin.indiaenvironmentportal.org.in/category/thesaurus/rehabilitation
[8] http://admin.indiaenvironmentportal.org.in/category/thesaurus/lowcost-housing
[9] http://admin.indiaenvironmentportal.org.in/category/thesaurus/habitat-and-urbanisation
