The major suggestions coming from the Maharashtra’s real estate sector would be considered in the new housing policy. The State Government had already given one percent reduction on registration to women who wanted to buy a residential property. We will also think of what other concessions for registration could we extend.
We have announced reduction in the cost of MHADA houses on declared price with respect to the surplus tenements received under Sections 33(5) and 33(7) only. MHADA has a stock of 2000 houses and we have received 30,000 applications.
The real estate developers should also come forward and invest in building 1.25 lakh houses for mill workers in Mumbai.
