MHADA sets policy for 11,184 flats sale across divisions
Real Estate

MHADA sets policy for 11,184 flats sale across divisions

The Maharashtra Housing and Area Development Authority (MHADA), the state government's housing body, has established a policy for the sale of its unsold 11,184 apartments across various divisional circles.

It was informed that the policy had been set based on the recommendation of a committee that had been constituted to review and study the issue.

In accordance with the new policy, Sanjeev Jaiswal, MHADA?s Vice Chairman & Chief Executive Officer, directed the divisional boards of the housing body to take immediate action for the sale of vacant flats.

As per the specifications laid down by the authority in the policy, the divisional boards were instructed to submit proposals to the government for the relaxation of certain conditions for the option of ?direct sale of apartments? and to seek approval.

It was mentioned that individuals, organizations, government, semi-government employees, and MHADA employees interested in purchasing 100 or more flats in bulk could be offered a discount on the price of the flats under this option.

The Maharashtra Housing and Area Development Authority (MHADA), the state government's housing body, has established a policy for the sale of its unsold 11,184 apartments across various divisional circles. It was informed that the policy had been set based on the recommendation of a committee that had been constituted to review and study the issue. In accordance with the new policy, Sanjeev Jaiswal, MHADA?s Vice Chairman & Chief Executive Officer, directed the divisional boards of the housing body to take immediate action for the sale of vacant flats. As per the specifications laid down by the authority in the policy, the divisional boards were instructed to submit proposals to the government for the relaxation of certain conditions for the option of ?direct sale of apartments? and to seek approval. It was mentioned that individuals, organizations, government, semi-government employees, and MHADA employees interested in purchasing 100 or more flats in bulk could be offered a discount on the price of the flats under this option.

Next Story
Infrastructure Transport

Railway stations in Prayagraj undergo major passenger facility expansion

The Railway Board Chairman and CEO, Satish Kumar, conducted an extensive inspection on Saturday alongside the General Manager of Northern Railway and the officiating General Manager of North Central Railway. Their visit focused on various ongoing projects at multiple stations across the Northern and North Central Railway zones, with particular attention to enhancing facilities for the upcoming Maha Kumbh. During the inspection, Chairman Kumar reviewed the construction of a vital bridge over the River Ganga, specifically between Jhunsi and Prayagraj Rambagh. This bridge is expected to significa..

Next Story
Infrastructure Transport

Madurai-Thoothukudi broad gauge line works under review

The construction of the Madurai-Thoothukudi broad gauge line, which includes the crucial Melmarudur-Tiruparankundram project, is currently under careful review. This update comes from Southern Railway's assistant public information officer, J Kumarasubramanian, following an RTI inquiry made by a concerned citizen, Dayanand Krishnan. The new broad gauge line is projected to cover a total length of 143.5 km, with the initial 18 km stretch between Milavittan and Melmarudur completed and sanctioned by the Commission of Railway Safety on March 8, 2022. While substantial progress has been made on t..

Next Story
Real Estate

DLF expects Rs 26,000 cr from super luxury project in Gurugram

Realty giant DLF is projecting impressive revenue of Rs 26,000 crore from its newly unveiled super-luxury project, The Dahlias, situated in the heart of Gurugram. Ashok Tyagi, the Managing Director of DLF, shared these insights during a recent conference call with market analysts, highlighting the project's potential amidst rising demand for high-end residential properties. The Dahlias project spans an expansive 17 acres and is set to feature approximately 420 ultra-luxury apartments, each boasting a minimum size of 10,300 square feet. This ambitious development has already garnered significan..

Hi There!

"Now get regular updates from CW Magazine on WhatsApp!

Join the CW WhatsApp channel for the latest news, industry events, expert insights, and project updates from the construction and infrastructure industry.

Click the link below to join"

+91 81086 03000