For the EWS, size of the house will be 300sqft, for LIG 474sqft, for MIG 650sqft and 1,076sqft for HIG. The circular further stated that the Central government has also raised the income bracket for the Prime Minister Housing For All Scheme – from Rs3 lakh to Rs6 lakh.
After the Maharashtra Housing and Development Authority (Mhada) raised the income slabs in all four categories recently, experts are of the opinion that the system will push out the lower income group buyers. To buy a house under the Mhada lottery scheme now, a buyer's salary should be at least Rs25,000 per month, or Rs3 lakh annually.
As per the Mhada circular, economically weaker section (EWS) income bracket will be above Rs25,000 per month or Rs3 lakh annually, lower income group (LIG) will be between Rs25,001 and Rs50,000, middle income group (MIG) will be between Rs50,001 and Rs75,000, while in higher income group (LIG), the monthly income should be over Rs75,001 per month.
For the EWS, size of the house will be 300sqft, for LIG 474sqft, for MIG 650sqft and 1,076sqft for HIG. The circular further stated that the Central government has also raised the income bracket for the Prime Minister Housing For All Scheme – from Rs3 lakh to Rs6 lakh.
"We have to make changes as per the Centre's directives. Besides, land and construction costs are also on a rise. So, we have to increase the price of the houses. We cannot sell houses for a loss," said a senior Mhada official, requesting anonymity.
Pankaj Kapoor, MD at Liases Foras, a property research firm, said the government decision in this regard was not socialist at all. "In a way, the state government will force people who are earning less than Rs25,000 per month to stay in slums. Mhada houses were a great hope for menial workers. Now, where will these people go?" rued Kapoor.
Echoing the sentiment, other housing experts said due to the wrong housing policies, slums in the city have been on a rise. "In 1950s, 40% people used to live in slums. Now the figure stands at over 50%. If such anti-poor policies continue, the city will be full of slums. Besides, most people will be forced to go out of the city and settle in long-distance peripheral locations," said an observer.
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