Thane Municipal Corporation floats tender for construction of real estate projects
Thane Municipal Corporation (TMC) has floated a tender inviting bids for the construction of residential and commercial units in Betawade village, Thane. The proposed project falls under the Pradhan Mantri Awaas Yojana (Urban) (PMAY-U) and will be executed through a public-private partnership (PPP) model. As per the tender, the estimated project cost is Rs 737.72 crore.
The scope of the work involves developing housing units for economically weaker sections (EWS), affordable housing in partnership (AHP), and low-income/middle-income groups (LIG/MIG). The minimum requirement includes 1429 AHP units, with construction taking place on plot no. 78 (37,300 sq. mtrs.) and plot no. 15/1 (8,550 sq. mtrs.). The deadline for completion of work is 24 months.
Also Read: Thane To Borivali Tunnel Project: L One Bidder For The Project Declared