MHADA aims to complete 2,300 houses in Goregoan by Feb 2023
Real Estate

MHADA aims to complete 2,300 houses in Goregoan by Feb 2023

The Maharashtra Housing and Area Development Authority (MHADA) is carrying out one of the biggest housing projects in Goregoan at Pahadi layout and strives to complete 2,300 houses by February 2023.

The Mumbai board of MHADA will call the housing lottery draw this Diwali. Results in the houses will be prepared to be handed over to the winner in the coming six months after that.

MHADA is undertaking this housing project wherein houses for economically weaker section groups, along with middle, lower, and higher-income groups people will be made public at Pahadi Goregoan. In a phase-wise way, around 7,000 houses will be built on two layouts.

The Mumbai board of MHADA was unable to call a housing lottery draw for the past three years. About 217 houses have been presented in Mumbai since the last draw was held in April 2019.

Similarly, it held the lottery draw for only 1,395 houses in 2018, and 819 houses were kept for sale in 2017. Therefore, the MHADA's Pahadi Goregoan housing project will be a hope for those homebuyers, who have been waiting for affordable houses in Mumbai via a lottery draw, said the official.

Earlier this month, Housing Minister Jitendra Awhad did a site visit and ensured that a lottery draw will be held this year.

Amid the Covid-19 pandemic, the Pahadi Goregaon project was slowed down due to labourers leaving their villages.

MHADA officials feel the work speed has grown and will complete the project as per the expected timeline.

Image Source

Also read: Maharashtra govt to extend PMAY Urban scheme till September 2022

The Maharashtra Housing and Area Development Authority (MHADA) is carrying out one of the biggest housing projects in Goregoan at Pahadi layout and strives to complete 2,300 houses by February 2023. The Mumbai board of MHADA will call the housing lottery draw this Diwali. Results in the houses will be prepared to be handed over to the winner in the coming six months after that. MHADA is undertaking this housing project wherein houses for economically weaker section groups, along with middle, lower, and higher-income groups people will be made public at Pahadi Goregoan. In a phase-wise way, around 7,000 houses will be built on two layouts. The Mumbai board of MHADA was unable to call a housing lottery draw for the past three years. About 217 houses have been presented in Mumbai since the last draw was held in April 2019. Similarly, it held the lottery draw for only 1,395 houses in 2018, and 819 houses were kept for sale in 2017. Therefore, the MHADA's Pahadi Goregoan housing project will be a hope for those homebuyers, who have been waiting for affordable houses in Mumbai via a lottery draw, said the official. Earlier this month, Housing Minister Jitendra Awhad did a site visit and ensured that a lottery draw will be held this year. Amid the Covid-19 pandemic, the Pahadi Goregaon project was slowed down due to labourers leaving their villages. MHADA officials feel the work speed has grown and will complete the project as per the expected timeline. Image Source Also read: Maharashtra govt to extend PMAY Urban scheme till September 2022

Related Stories

Gold Stories

Next Story
Real Estate

L&T Wins Mega Order for India’s Largest NVIDIA B300 AI Factory

Larsen & Toubro (L&T), through Vyoma.AI’s AI infrastructure subsidiary LTN Compute, has secured a mega order to develop what the company describes as India’s largest single-cluster AI infrastructure facility. The NVIDIA B300 AI Factory will support US-based AI cloud company Together AI’s platform for large-scale inference, fine-tuning and training workloads.The integrated AI Factory will be hosted at Vyoma.AI’s Chennai data centre campus and will have a capacity of 10,000 NVIDIA B300 GPUs. The platform will combine hyperscale data centre infrastructure, accelerated computing, h..

Next Story
Infrastructure Urban

Autodesk Elevates Nikhil Bagalkotkar to Lead AEC in India, SAARC

Autodesk has elevated Nikhil Bagalkotkar as Head – Architecture, Engineering and Construction (AEC), India and SAARC, with immediate effect.In his new role, Bagalkotkar will lead Autodesk's AEC business strategy across the region and drive adoption of the company's Design and Make platform. He will also focus on promoting digital design and construction technologies to help customers accelerate innovation and deliver more sustainable and resilient infrastructure.Bagalkotkar will be responsible for expanding Autodesk's AEC business, strengthening customer and partner engagement, and accelerat..

Next Story
Real Estate

Listed Developers' Pre-Sales Seen Rising 22.3 Per Cent in FY27

India's leading listed residential developers are expected to sustain strong sales momentum in FY27, with combined pre-sales of 11 major players projected to rise 22.3 per cent year-on-year, according to an analysis by ANAROCK Research & Advisory.Combined pre-sales of the developers are estimated to increase from Rs 1.49 trillion in FY26 to Rs 1.82 lakh crore in FY27. ANAROCK attributed the growth to sustained end-user demand, new project launches and strong execution despite higher property prices, construction costs and global uncertainties.Dr Prashant Thakur, Executive Director and Head..

Advertisement

Subscribe to Our Newsletter

Get daily newsletters around different themes from Construction world.

STAY CONNECTED

Advertisement