Dip in number of takers for MHADA homes

However,the number is likely to change as MHADA has kept the window for payment of earnest money deposit open till 3 pm on Wednesday.

“People are put off by the high prices this year. Response for houses for economically weaker sections is healthy,but for flats for high-income and middle-income groups,it has been lukewarm,” said a MHADA official.

He added that the highest response was for 62 houses at Magathane,Borivali,for economically weaker sections,or people with a monthly income less than Rs 8,000 a month. The flats,which have a carpet area of 269.32 sq ft,have been priced at Rs 10.87 lakh.

Last year,MHADA received 1.31 lakh applications for 2,593 houses to be sold by the Mumbai board across the city and Konkan board in Mira Road. Of these,1.05 lakh applications were for 867 houses in Mumbai alone,or 121 people vying for each house,he added.

This year,MHADA decided to release 1,244 houses,with a majority of them — 572 — being for HIG (people earning more than Rs 40,000 per month).

The carpet area of the 1,244 houses ranges from 180 sq ft to 740 sq ft. The flats have been priced at Rs 6.45 lakh to Rs 75.22 lakh.

The cheapest houses (37 units) are available for EWS in the Turbhe-Mandale-Mankhurd belt with a carpet area of 180 sq ft. The most expensive houses are 480 flats of 476.74 sq ft each at Tungwa,Powai.

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