CREDAI-MCHI INKS MOU FOR 2.5 Lakhs AFFORDABLE HOUSING IN MUMBAI & MMR
SIGNED
DURING MAGNETIC MAHARASHTRA SUMMIT INAUGURATED BY HON’BLE PRIME MINISTER OF
INDIA
MOU FOR
ESTIMATED INVESTMENT OF Rs. 75,000 Crore
2.5 LAKHS
AFFORDABLE HOUSES
DIRECT EMPLOYMENT
GENERATION OF 5,21,000
121 PROJECTS
TO BE COMMISSIONED
February
19, 2018, MUMBAI: CREDAI-MCHI inked an important
Memorandum of Understanding (MOU) with Government of Maharashtra for Affordable
Housing in the presence of Hon’ble Chief
Minister of Maharashtra, Shri
Devendra Fadnavis on the day 2 of “Magnetic Maharashtra” Summit in Mumbai. The MoU was jointly signed by Shri Sanjay Kumar, Additional Chief
Secretary, Department of Housing, Government of Maharashtra and Shri Mayur
Shah, President, CREDAI – MCHI. Shri Sunil Porwal, Additional Chief
Secretary, Industry Deptt. Govt. of Maharashtra was also present on the
occasion.
CREDAI – MCHI was represented by Shri
Mayur Shah, President, Shri Nayan Shah, President – Elect, Shri Harish Patel,
VP, Shri Deepak Goradia, VP, Shri Domnic Romell, Secretary and Shri
S.S.Hussain, CEO and presented MoU document to Hon’ble Chief Minister.
The “Magnetic Maharashtra” Summit was
inaugurated yesterday by Hon’ble Prime
Minister of India Shri Narendra Modi amidst the presence
of Hon’ble Chief Minister of Maharashtra Shri Devendra Fadnavis along with many
Indian & International CEOs and Business fraternity. By inking this MOU, Government of Maharashtra and
CREDAI-MCHI have taken a major step towards shaping the Hon’ble Prime Minister
Shri Narendra Modi’s flagship project of “Housing for All”, thus paving the way
for affordable housing. The move is to
be in sync with Hon’ble Prime Minister’s vision of providing every family with
a pucca house of his own with water & electric connection with basic
sanitation facilities when the nation celebrates 75 years of Independence. The objective of the MOU is to provide a big push to the construction of more Affordable Housing and to address the housing deficit in the MMR. This is one big step towards fulfilment of the Hon’ble Chief Minister’s vision of providing a roof to every Mumbaikar so that no one remains homeless in MMR. Thus, addressing the problem of housing in Mumbai & MMR in a major way.
Speaking on the
occasion, Shri Mayur Shah, President,
MCHI-CREDAI said, “This MoU is a landmark step in providing the desired
momentum to the affordable housing in Mumbai, which is need of the hour. It is
a matter a great pride for us that MoU for 2.5 Lakhs houses, with an estimated
investment of Rs. 75,000 crores has been signed during “Magnetic Maharashtra”
Summit, inaugurated by Hon’ble Prime Minister Shri Narendra Modi. We at CREDAI – MCHI are moving ahead with our
mission to solve the housing problem of Mumbai & MMR and this MoU will go a
long way in enabling us achieving it.”
Under the MOU, the immediate initiative
would be to kick start 2.5 Lakh Affordable Housing Units at an estimated
investment of Rs.75,000 Crore in 2018, with joint efforts of Government of
Maharashtra and CREDAI-MCHI. The “Ease of Doing Business” which was implemented
by MCGM in the recent past would enable to complete the task in stipulated
time. Here the desired focus would be provided
by Hon’ble Chief Minister Shri Devendra Fadnavis by ensuring that all proposed
projects are able to obtain necessary permissions, registrations, approvals,
clearances and fiscal incentives etc. from the concerned departments of the
State in time.
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