MHADA Will Sell These Four Flats to Common Home Buyers Via Lottery.

By Varun Singh

It is raining flats to MHADA from private developers. Only a few days ago, the housing body’s Repair and Reconstruction Board received eight flats from a developer in Tardeo, now the Mumbai Board of MHADA received four flats from a private developer in Juhu area. All these flats will be sold to common man at affordable prices via MHADA lottery. 

The four flats are located in Juhu’s JVPD area, where a private developer handed over the flats to MHADA without cost. The flats are in the building named Tulip Co-operative housing society and are located on first and second floors. 

In the month of September, eight flats with two car parks each, in one of the most upmarket areas of the city, landed in the housing body’s kitty. The flats are located in Tardeo area of Malabar Hill Division, each flat measures around 1,500 sq ft and are way above the average size of tenements that MHADA offers in rehab component.

The new four flats located in Juhu, measures close to 750 sq ft. the total area, of the four flats measures 299 sq mts, which is a little above 3.000 sq ft. 

Confirming the same, an official from Mumbai board said, “We have received these flats admeasuring close to 750 sq ft from a reputed developer.” These flats, with a total area of 299.92 sq mt were handed over to the housing authority on September 27.

These flats will be up for grabs in the upcoming Mumbai Board’s lottery. Within one month’s time the housing body has procured a total of 12 flats, which is amongst the highest number of flats procured by Mhada in South Mumbai area.

The housing body is the planning authority for it Layout and there are many projects where MHADA gets flats from the developers. The cost of the flats aren’t decided, but it will be sold by MHADA at affordable prices. 

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