The Maharashtra State Housing Minister, Shri Atul Save, recently announced plans to amend the Housing Policy, aligning with the 'Housing for All' vision. The objective is to ensure every citizen owns a home, utilizing initiatives like MHADA, SRA, and others. This initiative echoes the PM Awaas Yojana, focusing on affordable housing. The government prioritizes the real estate sector, aiming for increased investment and housing development in Mumbai and the state. The upcoming Housing Policy will address pending issues, streamline approvals through a one-window clearance, and encourage developer participation. The government is committed to providing ten lakh houses for the Low-Income Group (LIG) in the OBC category.
The State Housing Minister Shri Atul Save, while speaking at the inauguration of the second edition of the biggest Housing Expo 'Homethon 2023' organized by NAREDCO Maharashtra, revealed that the State Government has been planning to make necessary changes in the State's new Housing Policy to make 'Housing For All' a reality. The goal is to ensure that every citizen of the State gets his own house either through MHADA or SRA developments or through other developments. The Minister said that this initiative is on the lines of the Prime Minister under the PM Awaas Yojana to ensure 'Housing for All'. Speaking at the event, Shri Save says that real estate and construction sector should get priority. The Minister added that the State Government's focus is to ensure a maximum flow of housing in Mumbai and the State and make all the possible support to the State's real estate sector and bring in new investments. The Government is planning to bring the necessary aspects in the upcoming new Housing Policy of Maharashtra so that more developers come in the sector, and more development and investment happens. The Minister informed that 80% draft work of the new policy has been completed and suggestions of the new stakeholders would be considered before finalizing the policy. He stated that many issues pending in the State's housing sector will be resolved in the new housing policy. Other departments like Home, Urban Development, Revenue and SRA have also been involved in the formulation of the new policy. The Minister stated that more than 50% of the population in the city still lives in slums and about 20% to 30% of slums are yet to be redeveloped. He said that the fact that for MHADA's 4000 homes, over two lakh applications were received, shows the demand for housing. This demand will ensure maximum investment in the housing sector. The demand for housing in Maharashtra needs to be fulfilled with more real estate development taking place. The Minister requested more developers to come forward for redeveloping SRA & MHADA projects and also support in the second phase of PMAY. For speedy clearances for the housing sector, the Minister said that the new policy would emphasize on one - window clearance and ease-of-doing-business policy like other industries, which would ensure speedy approvals and completion of projects and also safeguard the developers from financial hardships. Regarding the pending issues in the sector, the Minister assured that the Government would work together with the industry stakeholders. The Minister informed that the Government's initiative of providing ten lakh houses for Low - Income Group (LIG) people in the OBC category was very much on track. He also stated that with NAREDCO Maharashtra's initiative, people in Mumbai and other parts of the state would be able to buy homes of their choices from a wide range of options available.
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