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MHADA Mumbai Lottery Prices Hit Roof; Costliest Property at ₹7.58 Cr in Tardeo

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Mumbai: The Maharashtra Housing and Area Development Authority, a body set up to provide affordable homes to the public, is not so affordable anymore. The price of units in Mumbai, announced on Monday, is as high as those offered by private developers, at more than ₹7.5 crore.

“The prices are insanely high and not at all in the affordable range that I was anticipating and for which MHADA is known. After checking the rates, I am not sure how I will be able to pay for it even if I do win the lottery,” said M H Kamal, a Dombivli resident, who wants to relocate to a suburb closer to his workplace in Mumbai. 

Another reason for homebuyers getting upset over the high-priced ‘affordable’ homes is the sub standard construction quality, as compared to what is offered by other developers in the market.

On Monday, MHADA’s Mumbai Board announced the sale of 4,083 homes at various locations within Greater Mumbai limits.

For example, at D N Nagar, Andheri west, a 553 sq ft-flat for the Low-Income Group (LIG) has been priced at over Rs 1.61 crore. Applicants with annual incomes in the range of Rs 6 to 9 lakh qualify for this. An applicant with a gross monthly income of ₹85,000 would be eligible for a home loan of Rs 44 lakh, at an interest rate of 8.6 per cent per annum.

This means, the individual will need to have a minimum of Rs 1.17 crore for down payment, apart from having to shell out money for stamp duty, registration, advance maintenance, and other costs – an additional amount of Rs 12 lakh.

Details on the house pricings

For the Economically Weaker Section (EWS) – with a taxable family income of up to Rs 6 lakh per annum – a flat at Antop Hill in Wadala is being sold for Rs 40 lakh. If the applicant has a net annual income of Rs 6 lakh, the person will only be eligible for a housing loan of Rs 28.50 lakh, only if the person does not have any other loans to repay, such as two-wheeler loan, insurance premiums, credit card EMIs, etc.

For Middle-Income Group (MIG) applicants, there is a 911 sq ft-apartment in the JVPD Scheme, priced at Rs 4.72 crore.

Coming to the most expensive offering, in the High-Income Group (HIG) bracket is a 1,532 sq ft-apartment at Crescent Towers in Tardeo, priced at almost ₹7.58 crore. 

 When the subject of the pricey homes was broached with Chief Officer of the Mumbai Board Milind Borikar, he remained silent and would also not comment on whether there would be any reconsideration of the prices to elicit a better response from the public.

 Applications flock in for MHADA homes

As of 6pm on Tuesday, the Mumbai Board received 4,236 applications, but earnest money deposit was made only for 1,700 applications. Only on payment of the deposit amounts can an application qualify for the lottery draw.

National News

Seemapuri building collapse: 1 killed, 7 rescued

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New Delhi, Oct 7: At least one child was killed and seven people rescued after a five-storey building collapsed in Delhi’s Seemapuri area on Wednesday, officials said.

Several others are still feared trapped in the debris as rescue operation is underway.

Speaking to media, Shahdara Deputy Commissioner of Police (DCP) Rajendra Prasad Meena said: “Seven persons have been rescued so far.”

Earlier, North East Delhi District Magistrate Ajay Kumar told reporters, “According to preliminary information, the building collapsed between 3 to 3:15 p.m. We received the call by 3:25 p.m., accompanied with location and video details.”

Mentioning that he also oversees the District Disaster Managament Authority (DDMA), Kumar said: “The officials and personnel of the DDMA and the NDRF were immediately informed about the incident and called at the site.”

He added that the SDM, police personnel and MCD officials also reached the spot at the earliest.

Ajay Kumar also said that since the building collapsed on the road, the people trapped include a few passersby and ragpickers.

“According to locals, four to five people might be trapped under a heavy slab, whose voices can be heard from outside,” he said while adding that rescue operation is underway.

A local Salim told media that children are also trapped inside the debris.

Fire Officer Manish Kumar, part of the team carrying out rescue operations, said that the Delhi Fire Service received the call of the incident at 3:30 p.m.

“Some sounds can be heard from under the slabs, so more casualties might be trapped inside. Efforts are underway to rescue those trapped,” he told media.

Speaking to media, a local said that two of his family members have been rescued.

“My daughter, son-in-law and two other children have been rescued and sent to the hospital. Six to seven more people might be trapped inside, rescue operation is underway to bring them out,” he added.

The tragedy in Seemapuri occurred a month after a five-storey building, housing a paying guest accommodation, collapsed in Delhi’s Satya Niketan area, claiming seven lives, including five students.

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National News

’80 pc to NDA, 20 pc to PDA’: CM Yogi Adityanath’s swipe at SP ahead of 2027 UP polls

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Lucknow, Oct 7: Uttar Pradesh Chief Minister Yogi Adityanath on Wednesday took a jibe at the Samajwadi Party (SP), saying that the Rajya Sabha polls in the state have depicted that the results of the upcoming Assembly elections will come down to “80 per cent for the NDA and 20 per cent for the PDA”.

This comes a day after the Samajwadi Party chose to field two candidates for the Rajya Sabha polls, paving the way for its two candidates and the BJP’s eight candidates to win unopposed.

Addressing a gathering in Lucknow, CM Adityanath said: “The Rajya Sabha elections in Uttar Pradesh have depicted what the results of the Assembly polls are going to be. The fight has again come to 80-20.”

“80 per cent (of seats) to the NDA and 20 per cent to PDA,” the Uttar Pradesh Chief Minister remarked.

“You are about to witness what is going to be the condition of the PDA,” he said, while taking a jibe at the Samajwadi Party’s acronym “PDA”.

SP Chief Akhilesh Yadav had coined the term ‘PDA’, which, according to the party, stands for ‘Pichhda’ (Backward classes), ‘Dalit’, and ‘Alpsankhyak’ (Minorities).

On Tuesday, Akhilesh Yadav, in a post on social media platform X, said: “Now our eyes are not on three, but on 403.”

His remark is being viewed in reference to the SP choosing not to field a third candidate for elections to the Upper House of the Parliament, despite intending to do so earlier.

Meanwhile, Chief Minister Yogi Adityanath made the remarks while addressing the ‘Seva Jyoti Yatra – Vikasit Bharat Sankalp Sabha’ at Patel Park in Lucknow’s Hazratganj.

Speaking at the occasion, the Chief Minister hailed Prime Minister Narendra Modi’s 25 years of public service, describing it as a historic journey from a small village in Gujarat to the global stage, saying the milestone was a matter of pride for every Indian.

“Today is a day of pride for every Indian, as Prime Minister Narendra Modi is completing 25 years of dedicated public service. On this occasion, on behalf of the people of Uttar Pradesh, I extend my heartfelt congratulations and greetings to the Prime Minister. I also extend my heartfelt congratulations to all the people of the state and every party (BJP) worker on this momentous occasion,” CM Adityanath said.

He mentioned that Prime Minister Modi had completed 25 years of continuous service, first as the Chief Minister of Gujarat and subsequently as the Prime Minister of India.

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International News

PM Modi thanks world leaders for warm wishes on completing 25 years as head of government

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New Delhi, Oct 7: Prime Minister Narendra Modi on Wednesday thanked world leaders for their warm wishes as he completed 25 years as the head of the government.

PM Modi thanked Nigerian President Bola Ahmed Tinubu for the warm wishes and expressed readiness to continue cooperation to further strengthen the Strategic Partnership and advance a shared vision for a more inclusive, prosperous and peaceful world.

“Thank you, President Tinubu. India and Nigeria are close partners and leading voices of the Global South. I look forward to continuing our cooperation to further strengthen our Strategic Partnership and advance our shared vision for a more inclusive, prosperous and peaceful world,” PM Modi posted on X.

He also thanked his Dominica counterpart Roosevelt Skerrit for the warm wishes and noted that India deeply values its partnership with Dominica and looks forward to strengthening it further.

“Thank you, Prime Minister Skerrit, for your warm wishes and thoughtful words. India deeply values its enduring friendship with Dominica. We look forward to further strengthening our partnership and working together for the shared progress and prosperity of the people of our nations,” Prime Minister Modi wrote on X.

PM Modi thanked his Belgian counterpart Bart De Wever for the wishes and expressed readiness to work with him to further strengthen the partnership between India and Belgium.

“Thank you, Prime Minister Bart De Wever, for your wonderful wishes. I look forward to working with you to build on the positive momentum in our relations and further strengthen our bilateral partnership,” he said.

Thanking Philippines President Ferdinand R. Marcos Jr., PM Modi said that India values its Strategic Partnership with the Philippines and looks forward to deepening friendship.

In response to the Philippines President’s wishes on X, PM Modi wrote, “Thank you, President Ferdinand Marcos Jr., for your wishes. India deeply values its Strategic Partnership with the Philippines. I look forward to our continued engagement and further deepening of the friendship between our nations.”

PM Modi thanked Bhutanese counterpart Tshering Tobgay for the heartfelt message and noted that both nations are bound by an “enduring partnership” rooted in mutual trust and understanding.

“Thank you, Prime Minister Tobgay, for the warm and heartfelt message. India and Bhutan are bound by an enduring partnership rooted in mutual trust and understanding. I look forward to continuing our close cooperation to advance our shared vision of Viksit Bharat and a prosperous Bhutan,” PM Modi posted on X.

PM Modi appreciated Botswana President Dumo Gideon Boko’s warm wishes and expressed readiness to work with him to further strengthen close ties.

“I deeply appreciate your warm wishes, President Duma Boko. India greatly values the friendship with Botswana and I look forward to working together to further strengthen our close ties,” PM Modi wrote on X.

The congratulatory messages from world leaders came as PM Modi on Wednesday marks 25 years of uninterrupted leadership as head of government. He began his tenure as Gujarat Chief Minister on October 7, 2001, and became Prime Minister of India in 2014.

In October 2001, PM Modi was chosen to replace Keshubhai Patel as Gujarat Chief Minister at a difficult time for the state, which was still dealing with the aftermath of the devastating Bhuj earthquake as well as political and administrative challenges. He remained Chief Minister until 2014 before moving to national politics.

PM Modi’s tenure as India’s Prime Minister has been marked by an expanded international profile for the country, with the government pursuing greater diplomatic engagement, stronger relations with major powers and a prominent role for India in the Global South.

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