Mumbai, April 10 Maharashtra Chief Minister Devendra Fadnavis on Friday approved the acquisition of land owned by Bharat Sanchar Nigam Limited (BSNL) and Mahanagar Telephone Nigam Limited (MTNL) in Borivali for the development of affordable housing under the Pradhan Mantri Awas Yojana (PMAY).
The decision was made at a meeting of the Maharashtra Housing Development Authority, chaired by the chief minister, at the Sahyadri Guest House here, officials said.
A total of 28.84 acres of reserved land owned by BSNL at Gorai and by MTNL at Shimpoli in Borivali will be acquired at rates determined by the government, for a total of Rs 729 crore, according to a government release.
More than 1,000 housing units will be constructed under the scheme.