Affordable MHADA houses in Mumbai :Long queues just to buy forms
Maharashtra housing and Area Developoment Authority (MHADA) opened up 3,863 houses ranging from INR 3,30,000 to INR 5.6 million have caught the fancy of citizens in the financial capital of Mumbai. Housing by commercial builders is very costly and is out of reach for most of the ordinary and even not so ordinary people also.
Attached is a video of the long queues outside HDFC bank branch in Dadar on Thursday 15th January, on the forth day of the sale of the forms. There were large queues in Navi Mumbai Sanpada branch of HDFC as it was the only branch in the suburb selling the forms.
The dearth of affordable housing in this buzzing metropolis is evident by the fact that for less than 4,000 houses MAHADA has printed 5,00,000 forms and each form costs INR 100. In total 1,00,000 forms have already been sold and still people queue up outside 22 branches of teh bank to collect their forms.
The final allocation of the houses is a lottery and is also done through a draw. A lot of those who get the houses then sell it to others at hefty premiums and make money while others actually live in them.
These are the ways of life in MUMBAI INDIA! The dream house is now within the reach of a few LUCKY people as of now!!
MHADA has earned Rs 88.22 lakh (Rs 8.82 million). With a single form available for Rs 100, the housing body is expecting to sell anything between 70,000 to 100,000 forms per day, sources said. The Matunga branch has sold the highest -- about 5,600 forms on Monday, they said. The applications will be accepted by MHADA from January 13 till January 31.
While flats costing about Rs 3.3 lakh (Rs 3,30,000) each will be available for the lower income group, some flats ranging between Rs 12 lakh (Rs 1.2 million) to Rs 17 lakh (Rs 1.7 million) will be available for the middle income group. The higher income group will get flats for about Rs 56 lakh (Rs 5.6 million) each, officials said.
MHADA flats are available in suburban Andheri, Malad, Chembur, Ghatkopar, Dahisar, Goregaon, Powai, Sion and Vikhroli. Of the 3,863 MHADA flats, 1,830 flats have been reserved for SC/ ST applicants, freedom fighters, government employees, legislators and Parliamentarians.