Suraksha Smart City Eyes Rs 1,450 Crore Topline with Strong 6,500 Bookings under PMAY in Just Three Months
Mumbai, September 04, 2024: Suraksha Smart City, an expansive 362-acre township in Vasai (E), has marked a significant milestone by securing 6,500 bookings under the Pradhan Mantri Awas Yojana (PMAY) in just three months, from March to May 2024. Suraksha Smart City expects to add a topline of Rs 1,450 crore from the record bookings. The surge in PMAY bookings following the government’s decision to revise the eligibility bracket for the EWS now enables the inclusion of individuals with an annual household income of up to Rs 6 lakh in MMR. The policy shift has broadened access to homeownership, enabling a larger pool of buyers to secure bank loans for the 1BHK units, each priced at around Rs 22.50 lakh. This influx of buyers has been instrumental in driving the strong financial performance o...









