Mumbai: The BMC has received a poor response for 426 flats developed under the Development Control and Promotion Regulations (DCPR), 2034. With just four days left to apply online, 23,704 citizens have registered, but only 855 have paid the deposit. Of the flats on offer, 381 are for the Economically Weaker Sections (EWS) and 45 for Low-Income Groups (LIG) buyers, ranging from 269 sq. ft. to 489 sq. ft.

High Prices Discourage Buyers

On October 16, the BMC announced the sale of 426 flats priced between Rs 55 lakh and Rs 1.07 crore, aiming to generate around Rs 308 crore. For the first time, the civic body is independently conducting the sale through an online process.

The flats meant for EWS and LIG buyers earning below Rs 6 lakh and Rs 9 lakh annually are located in Marol (Andheri), Ma

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