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Your MHADA dreams to fall flat

You may want to reconsider the 'affordable' tag on MHADA flats in the city. Flats in the next lottery will cost you 15 per cent more since the authority has decided to levy additional service and sales taxes. So, be prepared to pay Rs 15,000 more for every lakh you shell out for your dream home

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Mhada’s affordable homes are no longer going to remain so. From the next lottery, the flats will you 15 per cent more.

The authority has decided to charge service and sales tax will add up to 15 per cent of the cost of the home. So, for every lakh, you will have to pay Rs 15,000 extra for your flat and for every Rs 10 lakh you will shell out Rs 1.5 lakh.

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