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Home > Forum > Mumbai > Real estate News > Luxurious flats plan near BKC delayed

Luxurious flats plan near BKC delayed

Q: I hear that the MHADAs plans for luxury flats have been delayed, what happened?

mumbai
real estate news
mhada
bandra east
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Replies (12)
1
This time around MHADA is not planning to use its usual policy of selling its houses at a discount. This time the houses will be sold at prices comparable to market rates.
Lalit Verma


2
That is a good size for a luxury house. So how does one apply for these apartments?
Abhishke Karule


3
The housing board plans to build flats at a size range of 970 sq. ft. and it plans to build 350 of these luxurious houses.
Vineet Tendulkar


4
So, how big are these flats going to be, considering there are going to be budget houses?
Shrikant Kejriwal


5
That is sad, so people who have been staying there for so many years will have to shift out. However, as long as they are promised proper accommodation in other colonies, it should be ok. But this we will only have to wait and watch.
Vinay Dixit


6
Bharatnagar has had this camp since 1989-90 with the Prime Minister's grant for affordable housing during the tenure of Rajiv Gandhi.
Ravi Waghmare


7
Since when has this transit camp been there?
Ashish Sharma


8
MHADA has plans to bring down the transit camp which is housing 750 tenants. However, the eligible tenants will be provided alternate accommodation in MHADAs other colonies.
Sanjana Jain


9
If it is a transit camp, what about the residents there? Where will they go?
Ashish Bhoite


10
This 14 storied twin tower skyscraper is planned at Bharatnagar, next to the Bandra-Kurla Complex (BKC) business district. This plot currently houses a transit camp. But to go ahead with the scheme, it has to get the proposed land use on the plot changed to residential from commercial.
Abhishke Karule


11
So, where exactly in Bandra East are these flats constructed?
Arup rajan


12
Yes, unfortunately yet another plan to do some good in the real estate sector gets delayed, thanks to the bureaucratic tangles that are happening now. The Maharashtra Housing and Area Development Authority had planned to cross-subsidise mass housing by constructing luxurious flats in Bandra East. The plan was to sell these flats at market rates.
Kishore Pathak


13

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