MUMBAI, September 27: To cater the growing need for housing in the state, Maharashtra government will soon bring a 'Housing for All' policy aimed for people living in urban areas.
An official in the State Housing department said the policy will be an improvised, practical and a better version of the Centre's 'Housing for All by 2022'.
Maharashtra is nearly 50 percent urbanised and the state's urban needs are different compared to that of the rest of the country, the official said, adding that the proposal will be brought before the cabinet soon for approval.
The policy will have self certification that the beneficiary does not own a house anywhere in the country.
If the declaration provided by the beneficiary is proved 'false', there is also provision for punishment.
The amount of contribution by beneficiary to get a house under the scheme would be lower compared to the Centre's policy.
The official said the government would give subsidy on the home loan interest.
The NDA government at the Centre led by Prime Minister Narendra Modi launched the 'Housing for All by 2022' scheme in June, targeted to provide affordable homes to people living in urban areas.