Bhopal civic body's affordable units may be disposed off under PMAY
Real Estate

Bhopal civic body's affordable units may be disposed off under PMAY

Bhopal Municipal Council (BMC) is seeking bids to 'dispose' a huge number of built housing units under Pradhan Mantri Awas Yojana (PMAY)-Urban since it has been unable to locate beneficiaries for its affordable housing projects.

By the end of 2022, the city hoped to have provided 106,000 dwelling units. "Sale of other constructions like LIG and MIG units covers for low-income housing units granted to beneficiaries under PMAY plan. Demand has not met expectations in three of these programmes. "The BMC will choose an RERA-approved marketing agency or personnel to sell unsold flats," said Chandra Pratap Gohal, BMC's assistant commissioner..

Aside from LIG and other housing choices, the city government is also seeking offers to purchase non-slum EWS (1 BHK) units in Bhopal's 12 Number Stop area. Additional constructions in this area that have not met expectations are at Bajpayi Nagar and Ganga Nagar. He also stated that the HFA's Agency for Disposal of Housing Units will receive a 1% commission..

In 2016, five AHP vertical sites were identified: Kokta, Shyam Nagar Part III, 12 Number Stop Slum Cluster, Bajpayi Nagar, and Ganga Nagar. .

According to experts, the issue of many unwanted units is primarily socioeconomic in nature. "An example is my experience at Kokta HFA. BMC has backed off on maintenance. Some paid for maintenance, while the majority did not. "If the dwelling had been more separated during the DPR stage, BMC would not have had trouble selling apartments in some of the places close to prime real estate," said an urban consultant..

A total of 5856 EWS, 2088 MIG, and 1152 LIG were planned at a cost of Rs 836 crore. Since the scheme's inception, the emphasis has been on recovering the discounted rate of building of houses for EWS through affordable housing units of LIG and MIG flats..

Also Read
Mamata Banerjee to lay foundation stones of 37 road projects in Siliguri
CBTC technology to help Patna Metro prepare for high-tech revolution

Bhopal Municipal Council (BMC) is seeking bids to 'dispose' a huge number of built housing units under Pradhan Mantri Awas Yojana (PMAY)-Urban since it has been unable to locate beneficiaries for its affordable housing projects. By the end of 2022, the city hoped to have provided 106,000 dwelling units. Sale of other constructions like LIG and MIG units covers for low-income housing units granted to beneficiaries under PMAY plan. Demand has not met expectations in three of these programmes. The BMC will choose an RERA-approved marketing agency or personnel to sell unsold flats, said Chandra Pratap Gohal, BMC's assistant commissioner.. Aside from LIG and other housing choices, the city government is also seeking offers to purchase non-slum EWS (1 BHK) units in Bhopal's 12 Number Stop area. Additional constructions in this area that have not met expectations are at Bajpayi Nagar and Ganga Nagar. He also stated that the HFA's Agency for Disposal of Housing Units will receive a 1% commission.. In 2016, five AHP vertical sites were identified: Kokta, Shyam Nagar Part III, 12 Number Stop Slum Cluster, Bajpayi Nagar, and Ganga Nagar. . According to experts, the issue of many unwanted units is primarily socioeconomic in nature. An example is my experience at Kokta HFA. BMC has backed off on maintenance. Some paid for maintenance, while the majority did not. If the dwelling had been more separated during the DPR stage, BMC would not have had trouble selling apartments in some of the places close to prime real estate, said an urban consultant.. A total of 5856 EWS, 2088 MIG, and 1152 LIG were planned at a cost of Rs 836 crore. Since the scheme's inception, the emphasis has been on recovering the discounted rate of building of houses for EWS through affordable housing units of LIG and MIG flats.. Also Read Mamata Banerjee to lay foundation stones of 37 road projects in Siliguri CBTC technology to help Patna Metro prepare for high-tech revolution

Related Stories

Gold Stories

Next Story
Resources

Schindler named among Forbes’ World’s Best Employers 2026

Schindler has been named among Forbes’ World’s Best Employers 2026, a global ranking recognising companies for their workplace environments.Compiled by Forbes in partnership with Statista, the ranking is based on independent employee feedback, including whether employees would recommend their organisation to friends and family.The company said the recognition reflected its focus on creating a workplace where employees can develop their expertise and build careers. ..

Next Story
Infrastructure Urban

India needs an export-execution mindset: Vishesh Jain

Interview with Vishesh Jain, Founder & CEO, EximpleWhat gaps in India’s global trade ecosystem led you to build Eximple, and what problem did you see businesses struggling with most?Eximple came out of a problem that all three founders had seen from different choke points in the trade ecosystem. India has millions of MSMEs and manufacturers, and many of them can make products that are genuinely competitive on quality. Yet only a small fraction is able to build meaningful international businesses. In our experience, the gap is usually not manufacturing capability; it is the ability to exe..

Next Story
Building Material

Nuvoco reports 13.5% revenue growth in Q2 FY27

Nuvoco Vistas Corp. Ltd. reported consolidated revenue of Rs 27.9 billion for Q2 FY27, up 13.5% year on year. Cement sales volume rose 9% to 4.7 million tonnes (MMT), while EBITDA increased 11% to Rs 4.11 billion.The company said it began its cement operations in 2014 with a 2.3 MMT per annum (MMTPA) operation at Nimbol. It now aims to reach 35 MMTPA of cement capacity by FY28, nearly 15 times its initial capacity. Its portfolio spans cement, ready-mix concrete and modern building materials.On sustainability and cost efficiency, Nuvoco partnered with CleanMax for a 46.4 MW wind-solar hybrid re..

Advertisement

Subscribe to Our Newsletter

Get daily newsletters around different themes from Construction world.

STAY CONNECTED

Advertisement

SPECIAL OFFER
QR Code