MHADA, which provides affordable houses by holding a lottery, has witnessed a dip in its stock in the last few years. In the last lottery of its Mumbai board held in June this year, only 217 homes were up for grabs. Over 66,000 people had applied for the same.
In a response to MHADA’s notice of motion filed before the Bombay High Court, advocate Ashok Saraogi, who has five offices in the building, has claimed that Esplanade Mansion is in reparable condition.
The demand for these homes is so high that MHADA received 1.64 lakh applications for 1,395 homes in 2018. In 2017, there were only 819 homes in the lottery, and the year before, the number stood at 810.