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Mumbai News

The Times of India

Mumbai / The Times of India

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Mhada drops Vikhroli flat prices owing to poor public response

Mhada has reduced prices by 7.5% for 1,221 flats in Vikhroli, effectively dropping rates by Rs 10 lakh per unit. This move comes after poor public response to its housing lotteries, as once affordable flats are now priced at market rates. Buyers are opting for private builders offering better quality and amenities.

1 May 2026 2:46 pm