The number of MHADA lottery homes goes down this year

By Accommodation Times News Services

As compared to every year this year’s Maharashtra Housing & Area Development Authority (MHADA)
lottery homes annual draw of affordable housing, is going to disappoint the home buyers who are in
search of affordable homes. The number of homes put for sale this year is less than half compared to last
year.

Every year MHADA fulfills the dream of many people, by providing affordable houses to them. This year
previously they had planned to provide 2,400 houses in Virar and 1,002 in Mumbai, but after a meeting
held by senior officials on Thursday, the Virar housing project was cancelled, because of some issues.

“We had intended to include the houses in Virar in this year’s lottery, but there are issues related to the
permissible height of the building there because of which we are not able to utilize the complete FSI,” said
Satish Gavai, MHADA vice chairman and chief executive.

Further Gavai added that, the development control regulations of that area restrict the height of the
building to 14 floors. To use the complete FSI, MHADA needs to build up 22 floors; the housing board
had requested the state government to relax the height restriction.

“We don’t want a situation where we have sold the flats in the lottery and then the project gets stuck or
the pricing changes if the height of the building changes,” said Gavai.

Last year, MHADA had successful in issuing a draw of 2, 593 houses, out of which 867 were of
Mumbai, under Mumbai board and the remaining, were at Mira Road, under their Konkan board.

Where as, this year the lottery homes number is very low as, Mumbai board will draw lottery of 1,002
houses, which is already half of last, while Konkan will not draw any lottery, because of the Virar issue.
Resulting a great disappointment for buyers.





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