MHADA Cuts Vikhroli Flat Prices by 7.5% Due to Low Demand
Here’s a rewritten version of the content: MUMBAI: In light of disappointing public interest, Mhada has announced a 7.5% price cut for 1,221 flats available in Vikhroli for the upcoming lottery on June 5. This price reduction brings the cost down by Rs 10 lakh. Previously priced between Rs 1.45-1.48 crore, the flats in Kannamwar Nagar, Vikhroli, are now available for Rs 1.35-1.37 crore. Recent years have seen a decline in public interest in the Mhada housing lottery, as its previously affordable flats now command market-level prices. Potential buyers have expressed that private developers offer superior construction quality and amenities…