MHADA to construct affordable Nano Homes

The Nano Homes are expected to benefit the middle-class and lower-middle-class families in Mumbai.

MHADA to construct affordable Nano Homes

The Maharashtra Housing and Area Development Authority (MHADA) has been working towards providing affordable houses to people in the state. Every year, the housing authority issues lottery for the houses it has constructed. However, owing to the lack of space in Mumbai and various pending redevelopment projects, the lottery isn't able to accommodate the needs of all consumers. As a result, MHADA now plans to introduce 'Nano Homes'.

Currently, there are 56 housing societies that MHADA is redeveloping. Out of which, the work for various redevelopment projects is going on at what can be termed as snail's pace. Alongside, MHADA has been unable to secure enough land to commence its housing lottery projects. Due to which, the housing authority's Mumbai Board is posed with an issue of lack of flats for its projects every year.

As a result, the housing authority has to buy land outside Mumbai from private owners and construct projects there. However, due to which, the prices of these houses are comparatively higher than MHADA's previous projects.

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In order to resolve this issue, MHADA has decided that it will build Nano Homes on lands that are bought from private owners along with projects undertaken at No Development Zones. Accordingly, Housing Minister Jitendra Awhad has directed the MHADA officials to take note for the same.

MHADA's Mumbai Board is planning to construct the Nano Homes near the city's suburban area along with rural areas in the state and these flats will be made available to the Mumbaikars. The objective of the project is to construct affordable houses and according to Awhad, the houses will be made available for people at a cost of ₹3-4 lakh.

The Nano Homes are expected to benefit the middle-class and lower-middle-class families in Mumbai. Meanwhile, the dates for issue of the lottery for the Nano Homes is yet to be declared.

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