MHADA plans lottery for 5,451 flats in Virar in December

The houses are being built in two phases,in 22 to 24-storeyed highrises. The first phase will see the construction of 21 buildings while 30 buildings will come up in the second phase.

The lottery is,however,subject to the municipal corporation for Vasai-Virar introducing a change in its development control regulations to do away with a height restriction that caps buildings at 14 storeys.

“The project is in the final stages of approval. A formal notification could be issued within a month or two after which we will be able to announce the date of lottery,” said Bhausaheb Dangade,chief officer of MHADA’s Konkan board.

“The price of these houses has not been decided as yet. The cost of construction at present is Rs 2,600 per square feet,” Dangade said.

LIG houses will have a carpet area of 330 square feet each and built-up area of 625 square feet. MIG houses will have a carpet area be 640 square feet each and built-up area of 1,050 square feet.

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