High Prices, Low Interest - MHADA Tathawade Lottery Leaves 359 Houses Without a Single Applicant
A poor response from homebuyers has left 359 of the 634 houses offered by MHADA's Pune Board in Tathawade vacant after Tuesday's draw, despite the authority relaxing income eligibility criteria to allow applicants from all income groups to apply. The Pune Board had re-advertised 634 of 792 second-phase houses on July 19 after the original lottery failed to attract buyers, reportedly due to high prices, but even the fresh opportunity generated only 484 applications, resulting in just 275 allotments while 359 houses received no applications at all. The vacant homes include reserved categories that found no takers including 19 for journalists, 18 for freedom fighters, 15 for elected representatives, 15 for MHADA employees and 14 for artists, with a large number of social reservation category houses also remaining empty. The draw was virtually conducted on Tuesday by the Minister of State for Housing.
The Pune Board constructed the Tathawade houses in two phases with the first phase of over 600 homes successfully allotted through lottery, but the second phase has struggled significantly to attract buyers despite the location being in one of Pune's rapidly developing western corridors near Hinjewadi IT Park. The persistent lack of demand even after relaxing eligibility conditions points to a fundamental affordability disconnect between MHADA's pricing and what genuine homebuyers in the target income groups can actually afford. With 359 houses still unsold, the Pune Board now faces a decision on whether to conduct another lottery or shift to a first come first served scheme. For a housing authority mandated to provide affordable homes to ordinary citizens, having hundreds of houses go begging in a city with massive housing demand raises uncomfortable questions about pricing strategy and market alignment.
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