India, Oct. 16 -- From Thursday onwards, the BMC will start selling 426 inclusive homes, meant for those who annually earn Rs.9 lakh or less, who fall under the Economically Weaker Sections (EWS) and Lower Income Groups (LIG). The homes, located in Kandivali, Bhandup, Jogeshwari, Goregaon, Byculla, Kanjurmarg, and other areas, have an area of 322 sq ft to 645 sq ft and will be priced from around Rs.60 lakh to Rs.1 crore. The BMC hopes to earn around Rs.300 crore from these homes, while experts argue that, despite the "inclusive" moniker, the homes are out of the realm of affordability for most.

HT was the first to report on September 21 about the sale of 186 homes, to which 240 homes have been added now.

Applications for the homes will ...