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Making PMAY a success: PMO, realty developers meet on affordable housing

Realty players want single window clearance for all affordable projects, removal of MAT

Affordable homes in Mumbai, Pune, Bengaluru, Hyderabad, Gurugram and Noida are moving at a fast clip
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Affordable homes in Mumbai, Pune, Bengaluru, Hyderabad, Gurugram and Noida are moving at a fast clip

Karan Choudhury New Delhi
Eager to make the Pradhan Mantri Awas Yojana (PMAY) a success, the Prime Minister's Office (PMO) held a meeting on Sunday with leading developers, the sectoral body and bankers on what was needed for mega-size projects in affordable housing.

Around 30 members from the real estate sector were there, said sources. There were representatives from major developers such as Tata Housing and DLF, beside those from sectoral associations Credai and Naredco.

“The hour-long meeting was all about affordable housing. The PMO said it was ready to work with the industry to make PMAY a success,” said a source who was at the