Lack of civic infra hinders housing projects in SEZs
Real Estate

Lack of civic infra hinders housing projects in SEZs

Real estate developers feel that one of the key impediments in setting up affordable houses in Special Economic Zones (SEZs) is lack of basic civic infrastructure.

Developers also opined that the new industrial policy of the Maharashtra government earmarking 40 percent of land for SEZs might not see substantial land being used for housing purposes in Pune district.

Maharashtra Industrial Development Corporation (MIDC) feels that majority of the notified SEZs in Pune district will not have excess land to implement the schemes.

Real estate developers feel that one of the key impediments in setting up affordable houses in Special Economic Zones (SEZs) is lack of basic civic infrastructure. Developers also opined that the new industrial policy of the Maharashtra government earmarking 40 percent of land for SEZs might not see substantial land being used for housing purposes in Pune district. Maharashtra Industrial Development Corporation (MIDC) feels that majority of the notified SEZs in Pune district will not have excess land to implement the schemes.

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