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government of Maharashtra Guidelines for revising the permissible carpet area of apartments to be constructed and sold under High-Income Group (HIG) and Middle-Income Group (MIG) through lottery mechanism of Maharashtra Housing and Area Development, the nodal agency of the State Government has been modified. and statutory housing authorities.
As per the new guidelines, apartments under the MIG category will now be spread over 968 sq ft, as against 1,722 sq ft permitted earlier. For the HIG category, the carpet area has been increased from a limit of 2,152 sq. ft. to none. Now configurations above 968 sq.ft.
The state government has also restricted the Economically Weaker Section (EWS) and Low Income Group (LIG) from applying for HIG segment apartments. Applicants from these categories were earlier allowed to apply for any apartment under any category.
However, in order to avoid the possibility of the apartments going unsold, despite securing allotments through lottery, considering their income levels and limited loan eligibility for a larger apartment, the government has decided to give each category of applicants their respective quotas. It has been decided to allow the application in the category. Or just one grade above that.
The new guidelines state that EWS category applicants can apply for apartments in the EWS and LIG segment, while LIG applicants can apply for their own category and MIG category apartments. Similarly, prospective home buyers in the MIG category can apply for MIG and HIG apartments. However, HIG homebuyers can apply only in their own category, the Government Resolution (GR) said.
in such areas Mumbai Metropolitan Region (MMR), Pune Pune Metropolitan Region Development Authority (PMRDA) And Nagpur Apart from other cities with a population of more than 10 lakh, a person with an annual income of up to Rs 6 lakh and up to Rs 9 lakh comes under the EWS and LIG category.
An applicant with an annual income of up to Rs 12 lakh is part of the MIG and any income level above that will be considered as a high income group applicant.
The revised guidelines will be applicable to all apartments that are currently being constructed or will be constructed under various schemes MHADA and on the land parcel allotted by the Development Authority.
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