GSRK Estates
Home Services Projects Media Center About Us Contact Us Download Career
19 SEZs in Telangana, Andhra P
Tax Benefit for 1st Home Buyer
NIMS-Rangapur building, 400 ac
Report seeks Rs. 750 cr. for d
Irrigation Projects in Mahaboo
State entrusts protection of g
Hyderabad IT investment region
AP proposes 400 Acre electroni
Andhra Pradesh inks MoUs for R
Govt cancels illegal layouts i
Companies and states oppose La
Land acquisition bill - Revise
HMDA master plan covering 6000
AP has the most number of SEZs
Peugeot may choose Chittoor to
MIC Electronics new LED produ
Mahindra to set up tractor man
Capgemini has more staff in In
Largest Single Building Office
BDL, NSG, Octopus, CRPF, NPA o
Show All News
Media Information
3,863 flats in hand, 88,222 forms sold

Published & Updated as on - 2010-02-18

House-Hunters built up an overwhelming response on the first day of the housing projects introduced across Mumbai by the Maharashtra Housing and Area Development Authority (MHADA).

They showed that slump or no slump, there still exists a huge demand for houses if the priee is right. MHADA sold in a day 88,222 forms, over 20 times the 3,863 flats available. The flats will be sold through lottery among various economic categories.

So enthused was MHADA that officials restricted themselves to giving only one form to each applicant. People had queued up from 7 am, much before banks opened. Serpentine queues formed across branches and minor skirmishes were reported from a few.

The longest queues formed at HDFC Bank’s Matunga branch, from where about 5,600 forms were sold out. “The queue at the Goregaon branch stretched up to Jogeswari. Seeing the long queue I decided to go back home and return an¬other day,” said Prashant Ashar, who hopes to try his luck with flats for the middle-income and high-income groups in Goregaon.

“We had kept 5000 forms at each branch. However, looking at the re¬sponse we will now stock about 10,000 at each,” said HK Javale, chief officer of MHADA’s Mumbai Board.

The distribution of flats took a po¬litical turn with the Shiv Sena picking it up. In an editorial in its mouthpiece Saamna, the party said the flats should be allotted to the Marathi manoos, who is being forced out of the city as housing has become unaffordable.

Source:Indian Express Jan 13, 2009

Newsletter Subscription
Copyright Reserve to © GSRK Estates 2009-10 | Privacy Policy | Disclaimer | Terms of Use | Site Map -- Web Technology ETimes (india)