Appraisal committee to push for affordable housing

diversifying-mena-affordable-housing-financing-ppp-options-affordable-housing-development-summit-oman-2012-13-728 By Accommodation Times Bureau

A separate committee having members from housing and finance department have been appointed by the state government. This was done in order to give a push to affordable housing projects in the state according to the new orders issued by the housing department on Tuesday.

The committee being counseled by the chef secretary will start working from June 15.

Since the order last year was issued late December,2016, the state was able to clear only 49 affordable housing projects. Along with the new committee, the government aims to accelerate 1.11housing projects in the coming year under the Pradhan Mantri Awaz Yojana (PMAY).

The state appraisal evaluation committee consists of additional chief secretary / principal secretary (housing) as president, CEO of Maharashtra Housing and Development Authority (Mhada) as vice-president, deputy secretary housing, deputy secretary finance, chief engineer Mhada as members and executive engineer Mhada as member secretary for clearing the proposals under PMAY.


RamchandraDhanawade, deputy secretary (housing), who issued the circular on Tuesday said, “The newly-formed committee will report to the chief secretary. The separate committee is expected to speed up affordable housing proposals and Mhada being the nodal agency will directly place the proposals in the committee for evaluation.”


Developer SachinKulkarnispecified that the order is in line with the conversation which the developers had with PMO officials on April 8.Kulkarni said, “The expansion of planning area of the state will enable the Credit Linked Subsidy Scheme (CLSS) to reach smaller towns of the state. Maharashtra is lagging behind in PMAY implementation and the state should involve private sector representatives in such committees.”

In the meantime, CREDAI state president ShantilalKataria said that the move to have a separate committee will help speed up proposals. “It will definitely boost the affordable housing sector in the state,” he said.

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