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The Kamathipura cluster redevelopment was stuck due to the large number of tenants and private landowners, and the delay in finalising a compensation structure.
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MHADA, the nodal agency for affordable housing in the state, plans to release around 30,000 homes a year through its regional boards
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Maharashtra's deputy chief minister has said the state's housing policy, in the works for a number of years, will be released 'soon'
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The new application deadline is December 24. Nearly 14,000 housing units are available for sale under the KHADB lottery. Most of the flats are priced between Rs 14 lakh and Rs 21 lakh.
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Around 16,000 houses will now be sold in the Konkan board lottery. Earlier, 12,000 affordable houses were up for sale
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Up to 12,000 homes are slated to be allocated to applicants in the lottery for the Konkan board, according to MHADA. The Konkan board includes cities such as Thane, Kalyan and Virar that are close to Mumbai and are key real estate markets
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The inventory in this year's lottery is priced between Rs 29 lakh to Rs 6.8 crore, with the prices being reduced for some of the units during the application process.
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According to MHADA officials, the authority has received 94,733 applications as till the end of September 16, of which 70,562 paid the earnest money deposit. Officials added that they expect more than one lakh applications by the end of the application process.
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The costliest apartment in the lottery, located in Tardeo, earlier priced at more than Rs 7.5 crore, will now be priced at Rs 6.8 crore, while an unit in Vikhroli, earlier priced at around Rs 38 lakh, will now be available at around Rs 29 lakh.
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Additionally, the tender for the Kamathipura cluster redevelopment project is expected to be floated later in August, according to Sanjeev Jaiswal.
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The Maharashtra Housing and Area Development Authority had set a reserve price of Rs 67.5 crore for the plot in Oshiwara
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The British had constructed the 207 BDD chawls in around 1920, as low-cost housing for mill workers, dock workers, civic and other government employees. The BDD chawls are spread over 92 acres and comprise 207 ground-plus-3-storey buildings, having 16,557 flats measuring 160 sq ft.
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More than 1.36 lakh applications received by MHADA as on July 10.
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Since the lottery was announced on May 21, the MHADA has received over 1,26,000 applications for 4,000 homes in Mumbai, which are priced in the range of Rs 24 lakh to Rs 7.57 crore.
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Prices for these apartments are in the range of Rs 24 lakh to Rs 7.57 crore, with the carpet area ranging from 204 sq ft to 1,500 sq ft
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The Maharashtra Housing and Area Development Authority is involved in the construction of affordable housing in the state.
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The last date for submitting applications is June 26. The results for the lottery are expected to be announced on July 18, 2023.
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The Mumbai civic body has also released a list of over 200 dilapidated buildings in the city where residents have been issued notices to vacate immediately.
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The apartments are priced between Rs 24 lakh and Rs 7.57 crore, ranging from 200 sq ft to 1,500 sq ft. The last date for submission of application is June 26. The results of the lottery will be announced on July 18, 2023.
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At Rs 7.52 crore, the costliest apartment available is located in Tardeo area of South Mumbai with a carpet area of 1,500 sq. ft.
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The Bombay High Court had directed MHADA on March 21 to not unreasonably withhold an OC for any other free-sale or rehab buildings that are fully in conformity and compliant with all plans and norms
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The price range of these units is between Rs 14 lakh and Rs 50 lakh. The application window opened on March 8 and will close on April 10. The results of the MHADA lottery will be announced on May 10.
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For the first time in its history, MHADA is offering premium amenities — comparable to those offered by private builders — in its affordable housing project in a tony suburb.
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The unit size for each flat varies from 300 sq ft to above 600 sq ft, and the price varies from Rs 13 lakh to above Rs 60 lakh, depending on the area, according to MHADA.
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More than 50 percent of these will be for the EWS category. Spread across Mumbai, the sizes of these apartments across the LIG, MIG, and HIG categories will range from 300-600 sq. ft.
