By Accommodation Times Bureau
The Maharashtra Housing and Area Development Authority (MHADA) housing board will conduct a lottery at Bandra’s Rangsharda auditorium on Friday. It has got 65,126 valid applications out of those 819 people will be allotted.
The board was structured to deliver low-cost housing. But, the highest number of flats, 338, has been constructed for the Upper class in Kandivli, Lower Parel and Powai. The rate of two apartments is priced at low as compare to the current rate. It nearly cost Rs 2 crore but most are priced at Rs 1-1.5 crore. While 280 are for middle class at Malad-Malwani, Goregaon, Sion, Charkop and Pratiksha Nagar.
Low-income groups (LIG) get 193 flats in, Charkop and Goregaon, Vikhroli among other areas. Only 8 small houses under the economically weak section category have been built in Sion, Mankhurd, Chandivli and Magathane.