MHADA houses a bit costly; Madhu Chavan writes a letter to MHADA

Despite MHADA lowering the prices of its houses this year, it seems that the houses are a bit costly and people are wondering how they will be able to afford such expensive houses

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For the last six months, the lottery for the Maharashtra Housing and Area Development Authority (MHADA)’s Mumbai Board has not been declared. However, the housing scheme has finally received an announcement date as the lottery for the 1,384 houses will be declared on December 16.

However, the houses have been seen to be expensive due to which, the economically weaker people are wondering about how they will afford these houses. Accordingly, people have criticised the housing agency for the cash-driven housing scheme. MHADA Mumbai Board Chairman Madhu Chavan has extended his support to the people. 

Also Read: MHADA To Hand Over Dharavi Sector-5 Project To DRP

Despite MHADA lowering the prices of its houses this year, it seems that the houses are a bit on the expensive side and people are wondering how they will be able to afford such expensive houses. Thus, Madhu Chavan has written a letter to MHADA Vice President Milind Mhaiskar to provide people with affordable houses.

Recently, the Housing Authority had announced the price of its two flats at Grant Road and it will cost ₹5.80 crore each. The trouble for the housing scheme is that earlier too, it has failed to attract consumers for the high-priced flats and so, it would be a challenge for MHADA to sell a ₹5 crore house.

While Chavan has written a letter to Mhaiskar to reduce the prices of its flats, it will now be the Vice President's decision that will decide whether the people will get affordable housing scheme or not.

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