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MUMBAI TO GET 5,00,000 CHEAP RENTAL HOUSES

Around 5,00,000 inexpensive rental homes, targeted at low income groups, are to be built within three years in an effort to arrest the proliferation of shanties in Mumbai. This should be a good news for the people in India’s financial capital where an estimated 60% of the 13 million population lives in slums or semi-slum conditions without basic facilities. The first lot of 35,000 houses – each self-contained unit measuring 160 sq ft – will come up in Tiwri village, Vasai, around 25 km from city, in neighbouring Thane district. The project will be undertaken by MMRDA. The colony would be self-sufficient in terms of other infrastructure like schools, community halls and shopping areas.

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