MMRDA clears land for 50,000 rental flats | mumbai | Hindustan Times
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MMRDA clears land for 50,000 rental flats

The Mumbai Metropolitan Region Develop-ment Authority (MMRDA) on Friday paved the way for construction of 50,000 rental houses in Thane and Raigad by giving the locational clearance, reports HT Correspondent.

mumbai Updated: Mar 13, 2010 01:57 IST

The Mumbai Metropolitan Region Develop-ment Authority (MMRDA) on Friday paved the way for construction of 50,000 rental houses in Thane and Raigad by giving the locational clearance.

These projects, where flats will be available only on rent, are being built at Majiwade, Panch-pakhadi, Manpada and Naupada in Thane and Pen in Raigad district and will be ready by year-end.

“We have sanctioned locational clearance to a total of 34.64 lakh square meters of land to accommodate 1.99 lakh rental units. This land is in the Raigad and Thane districts,” said Ratnakar Gaikwad, metropolitan commissioner, MMRDA.

Of the total 22 proposals approved by MMRDA, the Thane Municipal Corporation has granted building permission to four developers for constructing rental-housing units at Majiwade, Panchpakhadi, Chitalsar-Manpada, and Naupada. The Mira-Bhayandar and Ulhasnagar Municipal Corporations have granted building permissions to the developers in Mahajanwadi and Shahad areas.

“The remaining 16 developers would receive building permission from the respective local bodies soon. We are sure about completing 5-lakh houses in 5 years,” said an MMRDA official.

The state government has identified the rental housing scheme as ‘Vital Public Purpose’ project under the ‘Slum Prevention Programme’ and provides 160-sq feet rental houses on leave and licence basis every 11 months. Rentals of these houses range between Rs 800 and Rs 1500, depending on the carpet area.