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MHADA

High maintenance cost for MHADA flats dejects buyers

Mumbai experiences a dearth of housing options, especially among the middle and lower income groups. The houses sold through MHADA lottery 2011, confirms the fact getting an affordable housing for the lower income groups in Mumbai is a hard nut to crack. High maintenance cost of such buildings offered by MHADA stands as one of […]

Redevelopment in Mumbai

Redevelopment in Mumbai: Major problems and issues

Rising costs and crunch for space in Mumbai makes it very difficult for tenants to move out of old dilapidated buildings and step into a new home. Consequently, redevelopment of the old housing societies comes to a standstill in majority of the cases. Redevelopment of co-operative housing societies in Mumbai has been a subject of […]

Restoration of Andheri project on non-CRZ area finally gets consent

D N Nagar near Juhu link road, will finally be able to enthrall its residents with its refurbished look, after waiting for a span of eight years. The Co-operative Housing Society Union, with a strength of 480 units, signed a deal with Vaidehi Akash Builders, late in 2005, following a land regulation problem with the […]

Private builders show interest in MHADA joint Venture schemes

In an effort to offer relief against the exorbitant prices of residential properties in Mumbai, MHADA has come up with new joint venture schemes to lure private developers and builders. Through its new scheme, MHADA aims to generate as many as 40000 low-cost homes for the lower and upper section of home buyers. To create adequate […]

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