Mhada plans 20,000 affordable flats

The Maharashtra government has decided to completely do away with charging premiums for Maharashtra Housing Area Development Authority (Mhada) redevelopment projects in lieu of extra floor space index. Instead, it will acquire a share of the surplus flats, which will form the corpus of affordable housing in Mumbai.

The move comes on the backdrop plan of constructing 20,000 affordable flats. The size of redeveloped flats would be restricted to 300 sq ft for low-income groups, 600 sq ft for middle-income groups and 800 sq-ft for high-income groups. Flats of 1,000 sq ft in Mhada buildings will no longer be allowed.