Roundtable on card to find out private sector’s apathy in PMAY

001By Accommodation Times Bureau

Minister of Housing and Urban Poverty Alleviation, Mr. Venkaiah Naidu on Tuesday directed Secretary of his Ministry to immediately convene “A Roundtable” with all developers, banks and housing finance companies to deliberate in detail as to why no private sector participation has been enlisted under Pradhan Mantri Aavas Yojana and found out reasons for their reluctance in the scheme.

 

While addressing a conference on “Real Estate Sector Post Remonetisation & RERA” under aegis of PHD Chamber of Commerce and Industry here today, Mr. Naidu said that until yesterday, the government approved Rs.90,000 crores of investments in affordable housing with none in it representing the private sector.

 





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