To implement its first student living project in the city, the Maharashtra government has picked a building owned by the Maharashtra Housing and Area Development Authority (MHADA) in Tardeo with compact studio apartments.
Additional chief secretary Valsa Nair Singh in the state housing department said that the project is a part of Maharashtra’s new housing policy, as per the report by Hindustan Times. Ahead of the upcoming assembly elections, this will be released in the next couple of weeks.
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The aim is to provide “swanky and safe studio apartments” to students in cities like Mumbai, Pune and Nashi on a rental basis. If this works out, the state government has plans to rope in private developers and encourage them to give extra floor space index (FSI) and reduced premiums.
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