Overview
- MHADA said 47 of the 2,640 homes are set aside for sitting and former MPs and MLAs, and the most expensive Tardeo unit falls in this pool.
- The authority reported more than 3,300 applications as of 7:30 pm on April 1, with applications due April 29 and earnest money accepted until April 30.
- The draw spans 97 locations across the city, with prices from just over ₹29 lakh to ₹6.82 crore across income groups from EWS to HIG.
- About 1,762 homes, or roughly two thirds, are still under construction in Vikhroli, Goregaon and Borivali, which could extend the wait for possession.
- A Free Press Journal report highlighted a 1,408 sq ft Magathane, Borivali flat at ₹2.53 crore with a per‑sq‑ft price under ₹18,000, well below nearby projects.