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Monday, May 31, 2010

Economically Weaker Sections of Pimpri Chinchwad could have to pay more to buy houses

Land acquisition and land cost!

PCMC may not be able to provide houses at concessional rates

Under the Jawaharlal Nehru National Urban Renewable Mission (JNNURM), the Pimpri Chinchwad Municipal Corporation (PCMC) has planned a Rs500 crore project, under which it would provide houses to EWS. Each of the dwellings would be of 550 square feet and will cost Rs1.5 lakh.

"But the civic body is facing hurdles in acquiring the land for the project at different places. At some places, the cost of the land is high and it would not be possible for the PCMC to sell houses for Rs1.5 lakh,'' maintained sources in PCMC.

According to PCMC officials, the objective of the project is to provide shelter to EWS under the housing scheme to the urban poor at concessional rates. It has planned to construct 13,250 houses. Read More:

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Posted by Ravi Karandeekar at Monday, May 31, 2010
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