₹6 lakh for the beneficiaries. It is a set of seven housing societies.
The houses will be for those families whose earnings are less than ₹3 lakh per year. The beneficiaries include unorganised workers, textile workers, beedi workers, construction workers, ragpickers, and garment workers.
The Maharashtra Housing and Area Development Authority (Mhada) is executing the project, which also has assistance from the central government's Pradhan Mantri Awas Yojana (PMAY). Maharashtra's additional chief secretary Valsa Nair Singh told the agency that a Memorandum of Understanding (MoU) to kick-start the multi-thousand crore Dharavi redevelopment project will be signed very soon.
The state government is working on a cluster-based development, and every project will entail signing of cluster and development agreement, she said. Singh added that a similar approach is being taken for the redevelopment of Kamathipura, the financial capital's red light district.
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