A move to decongest Mumbai: 133,00 flats in periphery

June 2nd, 2009 - 10:34 pm ICT by IANS  

Mumbai, June 2 (IANS) In a major initiative to decongest Mumbai and provide affordable houses to middle class families, 133,000 flats will be constructed near the city jointly by the development and housing authorities.
The project, which will include 43,000 flats to be given on rental basis, will come up on 525 acres at Virar suburb in adjoining Thane district, around 30 km north of Mumbai, Mumbai Metropolitan Region Development Authority (MMRDA) Commissioner Ratnakar Gaikwad said Tuesday.

The Virar region, which encompasses Vasai and other suburbs, is a lush green underdeveloped suburb.

Housing Development and Infrastructure Ltd (HDIL) Managing Director Sarang Wadhawan said the scheme will not only provide affordable mass housing but help transform the minds of the people and communities through good education, health, infrastructure and income generation possibilities.

The entire project will be completed in four phases over the next six years and include 43,000 flats, measuring 150-sq feet in 14-storeyed buildings.

Another 90,000 one-and-two bedroom-hall-kitchen flats of varying sizes shall be offered for free market sale at affordable rates, said Gaikwad.

The first lot of 10,000 flats for the rental segment shall be ready for occupation by March 2011. The government proposes to charge rents ranging from Rs.800 to 1,500 per month in this segment.

Similarly, the first lot of 20,000 flats in the free market sale segment shall be ready by October 2011, he said. Construction work on this is expected to start from August this year.

Gaikwad said the entire housing scheme will be completed in March 2015. The total constructed area will be around 56 million square feet for the full project when complete.

Each self-contained housing unit will be supplemented by complete internal and external infrastructure like water and electric supply, skywalks, four-lane roads, police stations, hospitals, schools, colleges, gardens, playgrounds, fire-stations, shopping plazas, etc.

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