Summary:
Around 24,000 homes will soon be up for grabs under the ambitious Pradhan Mantri Awaas Yojna Scheme in Vasai. MHADA's Konkan Board recently gave an approval for the same. On a 125 acre of land located in Vasai, MHADA's Konkan Board recently granted an FSI of 2.5 to a private developer where it is expected to construct homes under the scheme. The developer will first allot these homes to those eligible under the Pradhan Mantri Awaas Yojna and if still homes remain then MHADA shall carry out a lottery to dispose these homes under the PMAY scheme. The Vasai homes will be offered at an affordable rates to home buyers too..