Mhada to hold 1 more lottery around Diwali
The government is encouraging Mhada to hold the second round of lottery in view of the 2014 general election
Jun 03, 2013
Source : The times of India
Mumbai In a first, the Maharashtra Housing and Area Development Authority (Mhada) is planning to hold a second round of lottery for 2,450 under-construction flats around Diwali this year. The flats, which would be completed early next year, would be located in Virar, said Mhada vice-chairman Satish Gavai. Till now, Mhada has held only one lottery in a year. The government is encouraging Mhada to hold the second round of lottery in view of the 2014 general election, sources told TOI. “Another 3,000 flats, most of which are located in Virar, will be put up for sale in 2014. I am not sure, but I don’t think the election code of conduct will affect the lottery scheduled to be held on May 31, 2014,” said Gavai. “Mhada has already made plans to provide 8,000-10,000 affordable homes to citizens on 60-70 hectares of land acquired over the past few years,” Gavai added. On May 31, the dreams of over 1,000 citizens came true as they won flats in the lottery held by Mhada. Of the 1,244 flats put up for sale, homebuyers won 1,204. “All my life, I have lived in a slum. But I didn’t want a similar life for my daughter. Now that I have won a flat, my worries are over,” said Narayan Mudlidar, who works as a driver in a private firm. Mudlidar, who had applied for a Mhada flat for the first time this year, won a 269 sq ft flat in Magathane for Rs 11 lakh. “It seems I have been given my dues for my service to the nation. This flat will give me security in my old age,” said ex-serviceman Pramod Sawant (62), who wona 305 sq ft flat in Powai for Rs 49 lakh. Mhada received 1,500 applications for a single 1 BHK flat (437 sq ft) priced at Rs 30 lakh at Pratiksha Nagar in the middle-income group. This is the maximum number of applications received for a single flat so far. The flat was one of the most affordable given that Mhada’s MIG homes in Kandivli cost around Rs 53 lakh. Next in demand were 62 flats in the economically weaker category in Borivli. Over 14,000 applications were received for these.

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