India, June 21 -- The Maharashtra Housing and Area Development Authority's (Mhada) Konkan board has reduced the prices of 6,248 units in housing projects at Shirgaon and Khoni villages under Kalyan tehsil. The houses, built under the Pradhan Mantri Awas Yojana (Urban) for economically weaker section, will now be sold on a first-come first-serve basis.

Sanjeev Jaiswal, vice-president and chief executive officer, Mhada, has approved the revised price for the houses. The price of 5,236 houses in Shirgaon has been reduced by Rs.1.43 lakh each to Rs.19.28 lakh each. Similarly, the price of 1,012 houses at Khoni has been reduced by Rs.1.01 lakh to Rs.19.11 lakh each.

Published by HT Digital Content Services with permission from Hindustan Time...