एच डी एफ सी बैंको की सभी शाखाओं में फार्म मिलना एक बडी कवायत,

आम मुंबईकर को घर केलिए पहले आवेदन फार्म मिलना एक चुनौती, एच डी एफ सी बैंको की सभी शाखाओं में फार्म मिलना एक बडी कवायत,
The 1,088 Higher Income Group (HIG) flats constructed by Maharashtra Housing Area and Development Authority (Mhada) at Versova will cost more as the authority wants to make up for the losses due to the delay, the burden of which it will pass on to the customers. The project has been ready for the last two years, but the sale was stayed by the court due to a litigation. Mhada had earlier planned to sell the flats for Rs 4,360 per sq ft, but may raise the prices up to Rs 5,000 per sq ft. The board plans to come up with advertisements for the sale of these flats by December. Mhada chairman Amarjit Manhas said, "MHADA has always earned a 25% profit from HIG flats. In this case, the SC has just lifted the stay on the sale of flats. We have lost a lot of money as our funds were locked up. We intend to pass on the losses to the buyers." The complex has 16 towers of 14 and 15 storeys and the costs have risen over Rs 150 crore.Said a senior official of Mhada, "We had acquired the Versova plot in 1964 for mass housing. During the same time, Oshiwara Land Development Corporation Pvt Ltd staked its claim on the land. When the matter reached the high court, it allowed Mhada to develop the land, however it also directed not to create any third party interest and accordingly an undertaking was taken from Mhada." "In 1997, the state cabinet decided to allot 50% of the disputed land to Apna Ghar co-operative housing society supported by Oshiwara Land Development Corporation. After a lot of correspondence and according to the directions of the government, consent terms were filed in the high court as action of the government," he added. Mhada started the construction of HIG flats in 2004 after seeking the opinion of the Advocate-General. The Oshiwara Land Development Corporation urged the high court to restrain Mhada from sale of flats. Following this, a stay was issued, the official said. Now, the matter has reached the SC and the stay has been lifted. Besides this, nearly 1,500 flats at Sion, Vikhroli, Malad, Ghatkopar, Dahisar, Goregaon, Malad and Borivli will also be sold by draws. "We will soon sell them by issuing lotteries. Most of them are meant for middle and higher income groups," said Manhas.