MHADA higher-income group houses not a top draw this yearhttps://indianexpress.com/article/cities/mumbai/mhada-higherincome-group-houses-not-a-top-draw-this-year/

MHADA higher-income group houses not a top draw this year

Most houses on sale this year are for this group but the response is poor. On the other hand,for a single house for the middle-income group in Pratiksha Nagar,Sion,nearly 1,500 have applied.

A majority of the 1,244 houses to be awarded through the MHADA lottery this year are for the higher-income group but the number of applications in this category are the least.

On the other hand,for a single house for the middle-income group in Pratiksha Nagar,Sion,nearly 1,500 applications have been received.

The housing board has also received a healthy number of applications for houses for the economically weak and lower-income groups in Borivali,Malad,Pratiksha Nagar,Kandivali,Kurla and Charkop.

The ratio for houses in the higher-income group is 21 to 1,it is 45 to 1 in the middle-income group and 221 and 150 to 1 in the lower-income and economically weak sections.

Advertising

“The numbers show that the requirement for affordable housing is more among people with lower pay,” said Sachin Ahir,minister of state for housing.

“Generally,even houses for higher-income groups have a strong demand but this year high price has dwindled interest,” he said.

Ahir said the centrally located Pratiksha Nagar with a well-developed MHADA layout for 3,500-4,000 houses was the most preferred location.

As per MHADA norms,a person with a monthly income lower than Rs 8,000 falls in the economically weaker section. Persons earning between Rs 8,000 and Rs 20,000 a month fall in the lower-income group,those with a monthly income between Rs 20,000 and Rs 40,000 in the middle-income group,while persons earning more than that are bracketed in the higher-income group.

Of the 572 houses MHADA will sell to the higher-income group this year,480 are in Tungwa,Powai. The rate is Rs 15,779 per square foot,with the cost per flat coming to Rs 75.22 lakh.

Approximately 3,860 people have applied for these houses,a ratio of 8 to 1.

In the economically weaker section,the response has been the strongest for 62 tenements in Magathane,Borivali,with 277 applicants vying for each.

In the lower-income group,several applicants have preferred houses in Shimpoli,Kandivali,with 389 people applying for each of the nine houses on sale.

manasi.phadke@expressindia.com

Category Number of houses Applicants per house

EWS 222 150

LIG 96 221

MIG 354 45

HIG 572 21