Poor response to afforable houses in Pune civic body’s limits – ET RealEstate

PUNE: Only 1,200 of the 2,918 winners of the online lottery conducted by the Pune Municipal Corporation for allotment of apartments under the Pradhan Mantri Awas Yojana have so far paid the 10% advance, necessary for the purchase of flats.

The civic administration on Monday issued a public notice, urging the remaining beneficiaries to complete the formalities in a week’s time.

“The citizens who were selected in the lottery should complete the process. The civic administration will sell the flats on first-come, first-serve basis if the remaining beneficiaries don’t come forward in a week’s time,” PMC additional commissioner Rubal Agarwal said.

The civic administration officials said the lack of required documents and non-availability of loans for the beneficiaries were impeding what should have been a good response. The administration will now partner with the financial institutions to speed-up the loan disbursement, the officials said.

The houses under the PMAY are built in areas like Kharadi, Hadapsar and Wadgaon. As many as 2,918 people had qualified during the online draw conducted in October.

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