According to the report by NAREDCO-Knight Frank titled ‘Brick by Brick: Reimagining Affordable Mumbai’, Mumbai Metropolitan Region (MMR) recorded a significant demand-supply gap for affordable housing
The NAREDCO Progressive Neral-Karjat organized the Manthan Affordable City Initiative, with the intention to provide affordable housing along with proper infrastructure. ‘NAREDCO Progressive Neral-Karjat’ is the Neral-Karjat chapter of the apex real estate industry body. At least 50% of Mumbai slums can be accommodated at Neral-Karjat – An affordable City Mumbai 3.0. Devendra Fadnavis, the Deputy Chief Minister of Maharashtra (DCM), on the occasion stated that the government is taking all the necessary steps to provide the necessary infrastructure for the people. “We plan to develop infrastructure, knowledge-based industries, and research centers around the Neral- Karjat region. Considering this the government has taken various infrastructure projects,” he said.
https://www.freepressjournal.in/business/half-of-mumbai-slums-will-be-accommodated-between-neral-karjat-as-part-of-affordable-housing-scheme
Source: The Free Press Journal
