Panvel City Municipal Corpn floats tender for affordable housing

Hines, US based real estate firm has tied up with DNR Group to develop a premium commercial project in Bengaluru.The Panvel City Municipal Corporation has invited bids for construction affordable housing for rehab & free sale dwelling unit EWS 618 & LIG 150 with commercial component of 118 shops in 5 different locations in Panvel Municipal Corporation area under Pradhan Mantri Awas Yojana (Urban).

The scope of work involves survey, planning, designing, building construction, obtaining all relevant permissions required completion/occupancy certificate from concerned authority on EPC.

The estimated cost of the project is Rs 120 crore with completion period of 36 months.

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