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« Gazit-Globe Plans $110m investment in HIREF | Home | Nariman Point Fetches the Highest Rental »

Delhi Govt. to Construct Low Price Houses for EWS

The Delhi Government has drawn out a plan to offer flats costing Rs 1 lakh to economically weaker section (EWS). A total of 50,000 such flats have been planned for Khanjawala, Bawana, Samapur and Neb Sarai, announces Manoj Parida, MD, Delhi State Industrial Development Corporation.

Khanjawala and Bawana will see the construction of 20,000 flats whereas Samapur and Neb Sarai will have 7,656 and 700 flats respectively.

To spread over 28 sq m, each flat will command Rs 2 lakh and a financial support of Rs 1 lakh will be provided by the City Government.  The recipient of the scheme will have to pay only Rs 1 lakh, adds Mr. Parinda.

DSIIDC is constructing these economical housing units on the behalf of the Delhi Government. The scheme would be open to EWS and the slum dwellers. However, the low pricing will not mean low quality, he adds.

The cost of these flats will be kept low through technological innovations. The material will include glazed tiles in toilets, single stack plumbing, Kota stone, and conduit copper wiring.

The areas where the flats will be built will illustrate conducive surroundings with parks, schools, dispensaries, boundary walls, milk and vegetable booth and proper roads, confirms Mr. Parinda.

News Published Under:   Delhi | 5 Comments »

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