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Affordable housing for Army personnel soon

As part of its effort to enable personnel posted in remote areas who find it difficult to purchase a good…

Affordable housing for Army personnel soon

Representational Image (Photo: Getty Images)

As part of its effort to enable personnel posted in remote areas who find it difficult to purchase a good house, the Army Welfare Housing Organisation (AWHO) has come up with a pragmatic business model called the ‘Private Industry Collaborative Business Model’ which will facilitate acquiring houses from reputed private builders at discounted prices.

 As a part of this, AWHO on Friday inked a memorandum of understanding (MOU) with Prop Equity, a leading real estate data & analytics consultant firm, after a prolonged process to undertake the facilitation process forward.   

A pilot project is being undertaken in Delhi-NCR and based on its success, similar ventures will be executed in other locations.

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 The MoU was signed by Lt Gen Rakesh Sharma, Chairman (Ex-Officio) AWHO, and Samir Jasuja, MD, Prop Equity Analytics.

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