Low cost housing: Over 6,200 Mhada houses to go on sale in 2016

  • HT Correspondent, Hindustan Times, Mumbai
  • Updated: Jun 01, 2015 11:08 IST

After Sunday’s lott ery f or 1, 063 houses, the Maharashtra Housing and Area Development Authority (Mhada) has announced the sale of a huge cluster of lowcost houses.

While 4,702 houses will be at Bolinj in Vasai, 1,500 will be at Powai, Mulund and Goregaon.

SS Zende, chief executive officer of Mhada, said that the housing body is making all efforts to increase the supply of houses to cater to the huge demand of affordable houses.


“We will undertake the housing project at Bolinj, where there is a huge tract of land. One and 2 BHK (bedroom-hall-kitchen) flats will be built in several phases,” said Zende.

While the l ottery for the Bolinj project will be held in January or February next year, the draws for Mumbai houses will be conducted in May.

Zende said the house would be affordable to the common man. “We will try to keep the price as low as possible so that more people apply for them,” he said.

“However, we need to recover the basic cost,” he added.

Last year, Mhada had to reduce prices for the Bolinj housing project after it got a lukewarm response.

The rates of houses were found to costlier than what was charged by private builders in the vicinity.

In the last few years, the housing body has squandered away precious land to vested interests and now it hardly has any plot to construct affordable houses. Hence, it is working to exploit its colonies and encroached plots.

Housing activists said Mhada should make efforts to save its plots as the realty scenario is very bleak.

“There is a tremendous demand as lakhs of people cannot even think of buying from private builders, who charge an exorbitant amount. These homebuyers apply for Mhada houses.

Mhada should construct more houses and also work out s chemes to subsidise them,” said Ramesh Prabhu, who heads the Maharashtra Societies Welfare Association, an NGO working in the housing sector.

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