Q: I have rented a flat recently in Mumbai. Some days back I read about low cost rental housing scheme and they provide rent to low income group. What is low cost rental housing scheme? I heard it is coming up in Mumbai.
Low cost rental housing scheme of accommodation is for poorer sections of society who needed to stay in a city and were not able to pay high rents. Yes this scheme will be started soon in Mumbai by Mumbai Metropolitan Region Development Authority. The total number of tenements to be built is around 5 lakh units.