Nagpur Improvement Trust Starts Working On The Affordable Housing Scheme!

The flats will be for the families whose income is between Rs 3 to 6 lakh per annum.

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Nagpur Improvement Trust (NIT) has started working on the affordable housing project, seven months after the announcement made by Devendra Fadnavis and Nitin Gadkari.

The project of affordable houses has already been started in Wathoda informed Deepak Mhaisekar, NIT chairman.

"We are constructing 264 flats for economically weaker section (EWS). Excavation is going on. As groundwater level is very high, we are dewatering the land," he told TOI.

The prices of the flats are yet to be decided as there are some ambiguities on goods and services tax (GST) rate."It will be either 12% or 18%. Once this is clear, we will announce the price of the flats," he added.

Source: pradhanantri

The chairman also informed that there are plans of making low-income group (LIG) flats at Wanjri. 

"This is for families whose income is between Rs3 and Rs6 lakh per annum. The DPR is being prepared. A flat will cost around Rs12 lakh. At this stage, we do not intend to construct middle-income group (MIG) flats," he said.

Around 16,000 online applications have been received under Pradhan Mantri Awas Yojana (PMAY) by the NIT.

The chairman assured, "We will construct houses for all the applicants. If more land is required, we will demarcate more for plots in our land. We will invite bankers to this fair. They will guide the applicants regarding the process to obtain a bank loan. These fares will be organized after Diwali”.

Information Source: TOI

Title Image: Wikimedia

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Sumaiya Sheikh (WRITER)

Sumaiya believes in expressing her thoughts with the sword of words. This management lover handled 30 and 100 volunteers for All India Interschool Personality Contest in 2013 & 2016 respectively, by Oxford Speakers’ Academy. A chatterbox, she also hosted three shows at All India Radio. This compotator represented KKSU in the inter-university debate competition - Indradhanushya.