Panvel Municipal Corporation
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The Municipal Corporation of Panvel is planning to build more than 2,400 affordable homes in seven localities under the Central Government’s Pradhan Mantri Aawas Yojna i.e. PMAY.

This plan is said to be an initiative to release Panvel city from slums and is a step towards developing infrastructure which comprises of roads widening in few areas after rehabilitating slum dwellers. The work for the same will commence soon as the approval from MHADA – Maharashtra Housing and Area Development Authority which is also the nodal agency.

The construction cost of multi-storey buildings including the ground floor+7 and ground floor +12 is estimated at Rs. 266 crores. The beneficiaries of these housing units will enjoy a carpet area of 269 sq. ft. at Rs. 11 lakh.

The localities shortlisted for the construction of these affordable homes include Valmiki Nagar slum plot, Mahakali Nagar, Tapal Naka open plot, Kachchi Mohala, Patel Mohalla, hostel plot close to Valmiki Nagar and Valmiki Nagar open plot.

More than 300 hutments will be shifted to Valmiki Nagar and Tapal Naka for road widening as it is important to decongest the locality. The officials at PMC officials said that both the Central and State Government will contribute Rs. 1 lakh per flat and the PCMC will pay for the remaining construction cost.

Ganesh Deshmukh, the PCMC commissioner said that detailed project reports (DPR) are being finalized for submission in few days and we are also expecting approval from MHADA by October end and the approval for the same from the Central Government is expected by November. The construction work for of these affordable homes is likely to begin in January 2019 and the tenders for the same will be floated in December. The beneficiaries will get the possession of housing unit after two years.