Promoting Housing For All In Mumbai

Mumbai and MMR have been facing acute shortage of quality affordable housing since a long time. In order to find a solution, MCHI- CREDAI had signed an MOU with the Government of Maharashtra in April 2010. By way of this MOU, MCHI CREDAI had pledged to maximize the construction of more affordable homes in Mumbai and MMR.

The body is hoping to renew this MOU in February. Mr. Vimal Shah, President, MCHI -CREDAI, said, “We look forward to renewing this MOU which is coming to an end in February, 2015, and move ahead with our plan for building affordable housing for all”.The renewed MOU will stress on affordable housing, which is to provide an acceptable or affordable housing solution to a person from any income strata, which are facing affordability challenge.The body will also highlight a multi-pronged approach that’s required to simultaneously cater to different aspects of affordable housing provision.The ideal of creating affordable housing with private public partnership will also come under the focus. source - Midday