Mhada builds 150 houses in Vengurle
Mhada has completed building a three storey building at scenic Vengurle located in Konkan
Mumbai: Mhada has completed building a three storey building at scenic Vengurle located in Konkan. 150 flats are available for all sorts of buyers; low, medium and high income class in the building. The rates of low income bracket must be around Rs 15-20 lakh.
The building is located near Mango-Cashew Research Centre. Mhada Konkan Mandal is awaiting permissions to add one more floor to it. The houses in low income bracket are 300 sq ft, whereas they are 600 sq ft and 1100 sq ft in medium and high income groups respectively.
Though the rates are not yet decided, they may go upto Rs 15 lakh for low income group houses, as informed by an officer in Mhada. If the process of permission for 4th floor completes in time, these houses will be included in May 2014 lottery, informed an officer.
Number of houses built on the basis of income bracket
Low income group – 60 houses
Medium income group – 69 houses
High income group – 16 houses