Govt launches 2 lakh affordable housing units

Govt launches 2 lakh affordable housing units

To give a push to the National Mission of 'Housing for All', Urban Development and Housing Minister M Venkaiah Naidu has launched around 2.03 lakh affordable housing units in a function organised by CREDAI (Confederation of Real Estate Developers Associations of India) in Ahmedabad on 9th April. The Union Government is working hard to promote affordable housing and is working with private developers and their associations.

Various measures have been announced by the government to promote affordable housing and the activities in the construction sector have started showing the result.

The maximum size of these housing units will be 643 sq ft (carpet area) which is equivalent to around 900 sq feet built-up area.

President of CREDAI, Getamber Anand, who is also CMD of NCR-based ATS Infrastructure, said that the association has decided to assume a major role in involving its members for affordable housing projects.

He said that as the government is promoting affordable housings very aggressively, CREDAI would like to work as a nodal agency to enable the buyers to take the benefits announced by the central government under the Pradhan Mantri Awas Yojana.

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