Suraksha Smart City in Vasai Commences Phased Handover of 5,868 PMAY Homes for EWS
Suraksha Smart City in Vasai is set to begin the phased handover of 5,868 homes designated for the Economically Weaker Section (EWS) under the Pradhan Mantri Awas Yojana (PMAY) this year. This significant delivery represents one of the largest such initiatives within an integrated township in the Mumbai Metropolitan Region (MMR), with the process being executed building by building across Phase 1 of the project.
Advancing the 'Housing for All' Vision
This milestone highlights Suraksha Group's strong commitment to the Government of India's 'Housing for All' initiative, reinforcing Vasai's emerging role as a key residential hub under the broader Mumbai 4.0 growth framework. The extensive PMAY handover is anticipated to substantially enhance the affordable housing ecosystem throughout the MMR, making homeownership more accessible to underserved communities.
Innovative Construction Techniques for Quality and Speed
The township has been developed utilizing advanced precast construction methods, supported by extensive mechanization to ensure efficiency and durability. A pioneering first-of-its-kind 3D casting module has been implemented to guarantee uniform quality, accelerate execution timelines, and facilitate the timely delivery of homes built to robust and lasting standards.
Affordability and Value Creation for Residents
Jash Panchamia, Promoter of Suraksha Smart City, emphasized that delivering homes on this scale under PMAY transcends mere construction. It reflects the group's dedication to merging affordability with high-quality standards and thoughtful urban planning, thereby creating long-term value for residents. The 1 BHK PMAY homes are priced at ₹22.5 lakh, with a structured framework that allows beneficiaries to avail a direct government subsidy of ₹2.5 lakh, significantly easing the path to homeownership for first-time buyers.
Progress and Accessibility
Several buildings within the project have already applied for Occupation Certificates, and prospective homebuyers have initiated site visits to inspect the properties. Strategically located within walking distance of Vasai Railway Station, Suraksha Smart City not only offers affordable housing but also provides essential infrastructure and comprehensive township amenities. This development is poised to make a positive contribution to the evolving real estate landscape of the MMR, setting a benchmark for future affordable housing projects in the region.
