MHADA’s housing lottery unlikely this year as well – ET RealEstate

BY: Ateeq Shaikh

MUMBAI: For families looking forward to participating in the government’s housing lottery for a home within Greater Mumbai limits, there is a dampener. The ongoing pandemic has affected the construction pace of the buildings, resulting in further delay in readying the homes to bring them out in the market through Maharashtra Housing and Area Development Authority’s (MHADA) lottery process.

“We are working towards readying the tenements within this year. The construction of buildings is in different stages. Once the construction is through, an application would be made to secure an Occupation Certificate. It is only thereafter the lottery draw would be held. We do not intend to hold the event by putting up under construction homes on the block,” said Yogesh P.

Mhase, Vice Chairman and Chief Officer, Mumbai Housing and Area Development Board (MHADB).

In 2020, people were looking forward to the lottery draw, but the pandemic’s outbreak derailed the plan. Secondly, there weren’t enough homes ready for the housing authority to call for applications and subsequently hold the lottery draw.

“Construction work slowed down leading to delays in the scheduled timelines. Had there not been this Covid-19 induced pandemic, we were confident of organising the lottery draw in 2021 itself,” added Mhase.

The construction of buildings is in different stages. Once the construction is through, an application would be made to secure an Occupation Certificate. It is only thereafter the lottery draw would be held. We do not intend to hold the event by putting up under-construction homes on the block­–Yogesh P Mhase, Vice Chairman and Chief Officer, Mumbai Housing and Area Development Board

Hence, the possibility of having one looks likely only sometime in the next calendar year – 2022. The entire lottery process – from inviting applications along with earnest money deposit to holding the draw – takes close to two or more months.

In 2022, around 5,000 units are likely to be up for sale in Pahadi in Goregaon East areas (about 4,000 units), Antop Hill (about 500 units), Powai (about 400 units) and a few at other locations.

Last year, too, MHADA did not include a single home in Mumbai under the scheme.

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DDA extends last date for interest-free payment of cost of flats to Aug 31 – ET RealEstate

Picture used for representational purpose only

NEW DELHI: The DDA has extended the last date for making interest-free payment of cost of flats by allottees of 2021 Housing Scheme to August 31 in view of the second wave of the coronavirus pandemic, officials said on Saturday.

The allottees of Dwarka Sector 16-B flats, however, will not come under its ambit, they said.

The Delhi Development Authority (DDA) on March 10 had allotted 1,353 flats to people under a housing scheme through an online draw of lots.

The last date of payment of cost of flat (interest free) was June 29, except for the allottees of Dwarka Sector 16-B, officials said.

After having considered situation due to the second wave of the COVID-19 pandemic, the competent authority has now decided to extend the last date to August 31 for making payment of cost of flats (interest free), they said.

The extension of last date is, however, subject to the condition that the payment of demanded amount is made within this extended period, otherwise benefit of extension will not be admissible to the allottees, the DDA said.

The 2021 Housing Scheme was launched on January 2. Applications were accepted till February 16, with 1,354 flats on offer. These flats under various categories are located in Dwarka, Jasola, Manglapuri, Vasant Kunj and Rohini.

Of the over 1,350 flats, the costliest ones are worth Rs 2.14 crore in the high-income group (HIG) category.

The maximum number of 757 flats were offered in the middle-income group (MIG) category.

The last DDA housing scheme was launched in March 2019, offering nearly 18,000 flats under four categories — 488 (HIG), 1,555 (MIG), 8,383 (LIG) and 7,496 (EWS).

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Rajasthan housing board defies real estate slump by earning massive revenue – ET RealEstate

JAIPUR: After changing its strategy, the Rajasthan Housing Board (RHB) is incessantly selling apartments in its existing projects even during the pandemic times.

The board fetched revenue of approximately Rs 55 crore after selling 315 apartments in a week. An official said, “These flats are in the RHB existing schemes and are being sold at discounted rates. The maximum number of flats, 245 was sold in Jaipur division.”

Buoyed by the response, the board is deciding to put a list of more apartments under e-auction. “In Dwarka scheme, total 22 flats were sold in one day. For the scheme more than 326 applicants participated in the e-auction. Similarly, 87 people bid to purchase a single apartment in Neelkanth apartment.”

The RHB is targeting the lower income group (LIG) and (MIG) as their demand for houses increased after the pandemic. “The recent study showed, minimum per capita built-up area should be of 9.5 square metres, but it ranges from 2sqm to 8sqm per built-up area in many families. This is the reason people are moving out and looking for affordable housing. We are providing houses at good locations and decent rates,” added an official

Officials claimed discounted rates, houses on instalments and location of flats attracted buyers to participate in auctions. In the past, RHB had made several attempts to sell its flats. However, all efforts turned futile as not many buyers showed interest to purchase the properties.

In 2017, the RHB shortlisted properties (flats of different sizes) in Pratap Nagar for selling over the counter. Unlike the earlier system of allotting houses through a draw of lots where buyers had to wait for months, people in this scheme could purchase RHB houses and take possession in a single day after depositing the house cost at the counter. “The RHB witnessed reverse trend since last year as many people came forward to buy these flats after being offered at discounted rates,” said the source.

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Goa: Soon, rebuild old house into new one with just panchayat nod – ET RealEstate

PANAJI: The state cabinet on Friday approved an amendment that would enable persons living in panchayat areas to construct new houses by demolishing their old house with the permission of just the panchayat and no other authority.

The state has also decided to collect house tax from illegal houses constructed in the state, and for this purpose only, the government will allot house numbers. “It will not be a regularised structure,” chief minister Pramod Sawant said.

The amendment to the Goa Panchayat Raj Act also seeks to introduce a provision wherein a person can replace a tile roof with slab. This will be allowed for single-dwelling units that existed prior to the enactment of the 1994 Act, subject to production of certificate of stability by a registered structural engineer.

Panchayats minister Mauvin Godinho said that most houses in Goa have tiled roofs.

He also said that when people want to reconstruct their dwellings into larger one, they face harassment. Godinho said people had to approach different departments for permission, and because of this harassment, people used to construct illegally.

“As we don’t want more illegal houses in the state, we have introduced an amendment to the Panchayat Act, so that people can construct their new house with one plus one or one plus two by demolishing the old house, with automatic permission from panchayats,” Godinho said, adding that this is a demand from the people.

Sawant said that the permission will be given as per the rules that exist in the state.

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