Suraksha Group, a leading real estate developer in the Mumbai Metropolitan Region, announced the allotment under the Pradhan Mantri Awas Yojna (PMAY) scheme for their project Suraksha Smart City at Vasai East. The township development of Suraksha Smart City is strategically located within walking distance from Vasai Railway Station, offering residents unparalleled connectivity to major transportation networks. This prime positioning enhances accessibility and convenience for residents, ensuring seamless travel to various destinations within and beyond the Mumbai Metropolitan Region.
The offering includes a limited inventory of apartments at the project with a very attractive price tag, making homeownership accessible to a wider population segment. The price points start at Rs 19,99,999/- (effective price after direct government subsidy of Rs 2.5 lakhs) plus statutory charges. This makes it a good value proposition for aspirational home buyers. These apartments are available to households with annual income up to Rs. 6 lakhs.
"Suraksha Group is committed to elevate living for all by providing quality and budget friendly housing solutions through our project – Suraksha Smart City," said Jash Panchamia, Management, Suraksha Group. " Our dedication to GOI’s vision extends to the Pradhan Mantri Awas Yojana (PMAY), where, beyond subsidy benefits, choosing a Suraksha Smart City PMAY apartment guarantees spacious, well-designed homes coupled with all lifestyle amenities. Additionally, Suraksha Smart City's strategic location within the Mumbai Metropolitan Region (MMR) ensures excellent connectivity to various infrastructure and transportation networks. This connectivity not only facilitates ease of commute but also provides residents with unparalleled access to all major employment hubs within the region. By offering both quality housing and exceptional connectivity, Suraksha Smart City stands as a testament to the synergy between private development initiatives and government visions for inclusive urban growth and development.”
In alignment with the Government of India's vision, PMAY and Suraksha Smart City aims to empower beneficiaries with home ownership not only by providing them access to a home at with the best price but also by providing them with all lifestyle amenities which is a rare offering at an entry level price tag. Under PMAY, eligible buyers will benefit from a direct government subsidy of Rs. 2, 50,000 as well as Rs. 1,000 in stamp duty.
