State-Run NBCC To Build Affordable Homes
While plans are underway to get on-board the National Building Construction Corporation to efficiently manage seized properties of defaulters, the state-run firm has also unveiled its plan to lend a helping hand to the government in meeting its housing-for-all-by-2022 target. Media reports say the NBCC plans to build over one lakh affordable housing units across major states of the country in the next five years. The total cost of carrying out the project is pegged at Rs 10,000 crore. The company might start work on such projects this year itself.