NEW DELHI: Realty major Tata Housing has shown keen interest in taking up affordable housing projects in urban areas under the Housing for All mission. The ministry has asked the company to come out with a workable model under which it can form joint ventures with the state governments to implement the projects and accelerate the pace of construction.
Sources said the delegation said though the prices of affordable houses have increased significantly from Rs 3-5 lakh per unit to Rs 10-12 lakh, the prices can fall if land is made available free for such projects. "All possible options including pre-fabricated model to push pace of construction would be looked into," said the ministry official.
The Govt. is pro active in fulfilling its ambitious projects of developments. The state should be responding quickly for augmenting the social necessities.
Stop being HAWABAAZ. One feku-gappu-zumlabaaz Modi is sufficient.
Those who want development , will surely respond quickly
Can someone teach the writer the basics of Journalism and how to write a article. The project is not about cheap housing but affordable housing. There is a lot of difference between cheap and affordable and this is what happens when people without basic graduation are selected to be writers and journalists. Prestitutes..
Project will sink like nano. Ask China, it can help.
Tata should get rid of the CHEAP label. It should learn some lessions from the Nano. Instead of building cheapest houses, it should build houses with basic amenities and decent society. This will boost the sales.
Ofcourse Tata's want to build affordable homes. Look at the pricing of their projects and the premium prices they quote
tpviswanathan • 3 hours ago
May be, Tatas can get approvals without greasing the palms. To others, including coop societies, that alone will work out anything like 500/s.ft.
why so negative ?
Tatas are most dependable.
If more and more developers build large residential complexes in Tier 2 and Tier 3 cities along with IT and Software parks it will reduce the burden on Metro Cities and Tier 1 cities. This will also restrict the price rise in the Metros and other pressures because of population concentration in selected areas. Affordable housing along with commercial complexes that provide offices close to work is the need of the day