MHADA offers 3683 Flats for Sale
After DDA and Greater Noida Development Authority, it’s turn of Maharashtra Area and Housing Development Authority (MHADA) to offer flats at affordable costs. MHADA has announced Sale of its newly constructed 3683 Flats in Mumbai. This offer of sale has come as a New Year gift for Mumbaikars to try their luck and grab the MHADA flats at a bargain price.
Where are the Flats Located?
- These MHADA flats are divided into Three Categories – High Income Group (HIG), Medium Income Group (MIG) and Low Income Group (LIG).
- These Flats are Located at Pratiksha Nagar in Sayan (844), Sahakar Nagar at Chembur (594), Canara Engineering at Ghatkopar (378) , Shailendra Nagar at Dahisar (591), Bimbisar Nagar (54) and Siddharth Nagar at Goregaon (14), Chandivli (232), Tagore Nagar (84) and Kannamwar Nagar at Vikroli (167), Ashok Van (64) , Shastri Nagar (14) and Versova in Andheri(676).
- Maximum No. of Flats (844) are located at Pratiksha Nagar in Sayan
Application Form and Amount
The application forms for buying these houses will be available at selected 15 HDFC branches from January 12 to January 30.
Application Amount for MHADA Flats
The Application amount for each category of Flats is given below
Rs 10,000 for homes in the EWS category
Rs 15,000 for LIG
Rs 25,000 for MIG
Rs 50,000 for HIG.
Rs 1 lakh for HIG flats at Versova.
Last Date of Application
The Forms will be available from Jan12 to Jan30 and Applicants can submit their Application between Jan 13th and Jan 31st . Jan 31st is the last date of submitting the Application form.
Flats constructed by the MHADA for the lower, middle and high income groups command a heavy demand as they are reasonably priced in an otherwise exorbitant Mumbai’s real estate market. In July 2008, MHADA had announced its decision to release 870 houses at Malvani in Malad, and the scheme received an overwhelming response with over 2 lac applicants trying their luck.
