1,244 home dreams come true, Mhada aims for more | mumbai | Hindustan Times
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1,244 home dreams come true, Mhada aims for more

mumbai Updated: Jun 01, 2013 01:00 IST
HT Correspondent
HT Correspondent
Hindustan Times
Highlight Story

In its sixth draw, the Maharashtra Housing and Area Development Authority (Mhada), on Friday, announced the winners of the 1,244 houses that it had put on the block.

While the winners seemed happy, the applicants who couldn’t win said that the housing authority should construct more houses.

With 87,647 applicants for 1,244 flats, Mhada had an average of 70 applicants competing for an apartment this time.

Electrician Santosh Raje, 45, said that he has been trying for years to move out of his rented house at Mira Road. “I can only afford to buy a Mhada house. We need more such units in the market as there are lakhs of homebuyers in the market,” he said.

Srinivas Tukdeo, an investment advisor, who won a flat costing Rs75.22 lakh, said, “You can hardly get a flat in Mumbai for less than Rs1 crore. So, I applied for a Mhada house,” said Tukdeo.

Others complained that they could not understand the computerised system and wanted the security deposit back. “I had to take a loan for the security amount,” said Prasanna Raman, who failed to get a house in Powai.

In the six lotteries, more than 11.25 lakh people have applied for the 16,053 houses put up on sale. With private builders increasing their rates and tightened bank norms, most people rely on the low-cost houses by the authority.

Vishnu Babar, who had left the lottery midway after he failed to win flat at Powai, said, “When I reached home, my friend called to inform me that I have won a flat at Malad,” said Babar.

Pramod Sawant, an ex-serviceman who searched for the venue at Bandra for two hours, said, “The moment I entered, they announced my name. It was as if they were waiting for my arrival,” said Sawant.

Satish Gawai, vice-president, Mhada, said, “We are coming up with schemes to ensure that we create more houses. We are also trying our best to ensure that the allotment process is transparent.”