MHADA proposes price increase of Patra Chawl lottery houses | Mumbai News

MHADA proposes price increase of Patra Chawl lottery houses |  Mumbai News

The Maharashtra Housing and Area Development Authority (MHADA) has made a proposal to increase the prices of Patra Chawl lottery houses by up to Rs 10 lakh. The current lottery flat costs Rs 30 lakh. Sources in the MHADA said that this proposal has already been forwarded to the state government for further assessment and action.

The issue stems from a housing lottery in 2015 for 300 houses in Patra Chawl, which was delayed due to the bankruptcy of the developer executing the redevelopment project. Despite the apartments being ready, some essential infrastructure such as podium parking and other civil works remained incomplete.

The erstwhile Maha Vikas Aghadi government had appointed a contractor for the Patra Chawl redevelopment project. In which MHADA also took up the work of lottery houses. Now it is trying to recoup its expenses by possibly increasing the prizes for lottery winners.

The move has drawn criticism. Expressing his dissatisfaction, Ajay Kumar, a lottery winner (name changed), said, “These lottery houses have not been transferred yet and no progress has been made. We are currently renting and when the houses are ready, they should be delivered instead of raising prices.”

Responding to these concerns, an MHADA official indicated that during the housing lottery process, applicants are informed in advance that the costs associated with lottery houses may vary in the future.

Festive offer

MHADA’s move to adjust prices is seen as an attempt to limit financial losses during the implementation phases of the project.

© Indian Express Pvt Ltd

First uploaded on: 29-06-2024 23:48 IST