affordable housing project
Naredco Maharashtra has launched its new affordable housing project offering 10,000 units in Ambarnath and Badlapur region. President of Naredco Maharashtra, Ashok Mohanani, informed that this move is expected to unlock affordable housing properties and offer a great opportunity to the discerning homebuyers to buy RERA registered properties at affordable rates. Apart from this, the prime objectives of this new unit will be to propel the infrastructure development in the region, to enhance the water supply and its availability to the residential segment along with the policy-level resolution on river red line/blue line issues. Due to its proximity to the upcoming Panvel-Badlapur highway, Metro connectivity via Thane, the area is expected to absorb the future growth in population, business and commercial activity in the region. The home buyers, who are looking to buy their dream home under Naredco's umbrella, will have a sense of trust and confidence. It will also boost the government's policy of creating Housing for All by 2022. The infrastructure development in the leading metro cities has improved connectivity to peripheral destinations, thereby, bridging the gap between the cities and the surrounding areas. On the other hand, projects such as the metro rail, ring roads and highways offer improved connectivity to the existing city establishments and are more suitable to the immediate needs of budget-conscious home buyers.