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Pune Metropolitan Region Development Authority to execute PPP model to achieve PMAY target

To achieve the target of PMAY scheme, the state government took the decision to allow PPP model for affordable housing and given eight various options to create housing schemes. As per the eight various models, the developer can erect the scheme on private or government lands, PMRDA chief executive officer, Kiran Gitte

pune Updated: Feb 10, 2018 21:35 IST
HT Correspondent
HT Correspondent
Hindustan Times, Pune
Pune,Metropolitan Region Development Authority,PPP model
To achieve the target of PMAY scheme, the state government took the decision to allow PPP model for affordable housing and given eight various options to create housing schemes.(SANKET WANKHADE/HT PHOTO)

To achieve the target of government’s flagship scheme Pradhan Mantri Awas Yojna (PMAY), Pune Metropolitan Region Development Authority (PMRDA) has come up with the public private partnership (PPP) model and has invited developers to propose schemes for affordable housing.

PMRDA floated the expression of interest (EOI) and has appealed to developers to take part in the scheme till March 6 and register their names with the organisation.

PMRDA chief executive officer (CEO) Kiran Gitte said, “As per the PPP model, the building can be erected on private or government land. Developer will get many benefits, including additional floor space index (FSI), concession in development charges and other facilities. On the contrary, PMRDA would fix the prices of fifty percentage houses in the project on the lines of Maharashtra Housing and Area Development Authority (MHADA). The developer can sell the remaining units as per the market price.”

Gitte said that earlier PMRDA was not part of the PMAY scheme. The Maharashtra government included all the urban planning agencies, including PMRDA, in the PMAY scheme on December 8, 2017.

To achieve the target of PMAY scheme, the state government took the decision to allow PPP model for affordable housing and given eight various options to create housing schemes. As per the eight various models, the developer can erect the scheme on private or government lands, said Gitte.

The PMRDA would give first priority to build housing schemes on private lands and will check the results before launching the schemes on government lands. PMRDA has appealed to developers to enrol for the plan till March 6 and later would give permissions after scrutiny.

The development authority has appealed to residents to enrol for taking the benefit of housing schemes by submitting requisite documents as allotment of units would be provided on priority basis.

Meanwhile, the target of PMAY (rural) is to complete one crore new houses by March 31, 2019 and officials said of these, 51 lakh houses have to be completed by March 31, 2018. The government has a similar target for PMAY (Urban).

Houses for all

Target for houses under PMAY scheme in Pune district 2,19,075

Expected time to achieve target 2022

PMRDA included in PMAY scheme December 8, 2017

PPP model accepted by state government – January 11, 2018

PMRDA appealed to developers to register for PPP model – March 6, 2018

Government will give subsidy for each home- Rs 2.5 lakh

First Published: Feb 10, 2018 21:34 IST