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HomeNewsReal EstateKonkan board announces lottery for sale of 12,626 houses and 117 plots

Konkan board announces lottery for sale of 12,626 houses and 117 plots

The Konkan housing and area development board, a regional unit of MHADA, has announced a lottery for the sale of 12,626 units under various housing schemes.

The housing units are located in Thane city and district, Kalyan, Titwala, Palghar, Raigad, Ratnagiri, and Sindhudurg’s Oras, Vengurla, and Malvan.

The registration and application process for the lottery will commenced on October 11, 2024

The Konkan Board’s lottery is divided into two segments.

The first includes 1,439 units, with 594 units under the 20% Comprehensive Housing Scheme, and 607 scattered units along with 117 plots for sale. Applicants can register through the IHLMS 2.0 system starting from Friday, at 12:30 PM. Applicants must submit their forms by 11:59 PM on December 10, 2024. Earnest Money Deposit (EMD) payments can be made online until 11:59 PM on December 11, 2024.

The provisional list of eligible applicants will be published on December 18, 2024, with the final list released on December 24, 2024.About 11,187 units will be available under the first-Come, first-served (FCFS) scheme. Under this scheme, 9,883 units are available through the Pradhan Mantri Awas Yojana (PMAY) for economically weaker sections, along with 512 units under the 15% Integrated Urban Housing Scheme and 661 units under the 20% Comprehensive Housing Scheme. Additionally, 131 scattered dwelling units of the Konkan Board are available.

The Konkan board has announced reduction in monthly maintenance charges for 9,409 unit owners in phases I, II, and III of the Virar Bolinj colony under the low-income group (LIG) and middle-income group (MIG) categories.

In a joint meeting between Atul Save, housing minister of Maharashtra and Sanjeev Jaiswal, vice president and CEO of MHADA, the decision was taken to reduce the monthly maintenance charges.

Under the revised structure, LIG unit owners will now pay Rs 1,450 per month, while MIG unit owners will pay Rs 2,400 per month.

The previous fees of Rs 2,121 per month for LIG unit owners and Rs 3,493 per month for MIG unit owners.

In addition to this, an extra 50% discount will be applied to the already reduced maintenance charges for the period during COVID-19 (March 2020 to March 2022), providing further relief to the unit owners in the colony.Furthermore, any outstanding dues related to delayed payments will have the late fee completely waived, and unit owners will have until March 2025 to clear their basic maintenance dues.

From April 2025 onward, the interest rate on delayed payments will be reduced from 18% to 12% per year.

Revati Gaikar, chief officer of the Konkan board said, “For unit owners who have already paid their maintenance charges in full, the difference in fees due to this reduction will be automatically adjusted in future payments.”

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