MHADA Lottery 2024: Last Day to Apply, Over 1 Lakh Applications Received
MHADA Lottery 2024: Last Day to Apply, Over 1 Lakh Applications Received for 2,030 Affordable Homes in Mumbai
Mhada Lottery 2024Affordable Homes In MumbaiMaharashtra Housing And Area Development AuthorityHousing LotteryReal Estate NewsReal Estate MaharashtraSep 19, 2024
The MHADA had announced a lottery of more than 2,000 affordable homes in August 2024 and started accepting applications on August 9. The application procedure for MHADA lottery 2024 is completely online and homebuyers can keep a track of lottery related updates on https //housing.mhada.gov.in/
The apartments in MHADA lottery 2024 are available in the range of ₹29 lakh to ₹6.82 crore. The MHADA on August 29 had announced a reduction in prices of 370 affordable homes, that are part of the ongoing housing lottery, by 10% to 25%.
According to the data shared by MHADA, 1.10 lakh applications were submitted and 86,288 applicants have also paid the earnest money deposit (EMD) required to be paid for the apartments, as of September 18.
MHADA lottery 2024 has on offer apartments in the price range of ₹29 lakh to ₹6.82 crore. Most units in the higher income group (HIG) are being offered in the range of ₹1 crore and ₹6 crore plus. These are located in areas like Andheri, Antop Hill, Juhu, Goregaon, Tardeo, Vikhroli, Powai among several others.
The costliest among them is a unit worth ₹6.82 crore in south Mumbai's Tardeo area measuring over 1,500 sq ft. This apartment is located on a higher floor, is ready-to-move, and the building overlooks the Mahalaxmi Racecourse and faces the sea.
Maharashtra Housing and Area Development Authority (MHADA) is a housing authority that provides affordable housing to the people of Maharashtra.MHADA is a statutory body established under the Maharashtra Housing and Area Development Act, 1976. Its main objective is to provide housing to the people of Maharashtra, especially to the low and middle-income groups.
Frequently Asked Questions
What is the last date to apply for MHADA lottery 2024?
The last date to apply for MHADA lottery 2024 is September 19, 2024.
How many applications have been received for MHADA lottery 2024?
Over 1 lakh applications have been received for MHADA lottery 2024.
What is the price range of apartments in MHADA lottery 2024?
The apartments in MHADA lottery 2024 are available in the range of ₹29 lakh to ₹6.82 crore.
Where can I check the updates on MHADA lottery 2024?
You can check the updates on MHADA lottery 2024 on https://housing.mhada.gov.in/
What is the costliest apartment in MHADA lottery 2024?
The costliest apartment in MHADA lottery 2024 is a unit worth ₹6.82 crore in south Mumbai's Tardeo area measuring over 1,500 sq ft.
Tags:
Related News Articles
Mumbai Real Estate Developer and CEO Embroiled in ₹13.65 Crore Fraud Case
A Mumbai-based real estate developer and CEO have been booked for allegedly forging documents and duping a partner of ₹13.65 crore in a Bhandup land deal.
Mumbai Property Registration Revenue Surges 52% YoY to Rs 1,081 Crore This Diwali
According to data from the Inspector General of Registration (IGR), Maharashtra, property registrations in Mumbai witnessed a remarkable 22% year-over-year increase, with 11,861 homes registered in October 2024, compared to 9,736 in November 2023.
AI Bubble Deflating: Zoho's Sridhar Vembu Stresses Importance of Real Engineering Work
Zoho CEO Sridhar Vembu discusses the potential deflation of the AI bubble and emphasizes the enduring importance of real engineering work in the tech industry.
ED Seizes ₹19.61 Crore from Karrm Developers Linked to Vivek Oberoi in Real Estate Scandal
The Enforcement Directorate (ED) in Mumbai has taken action against Karrm Developers, a real estate firm associated with actor Vivek Oberoi, by seizing assets worth ₹19.61 crore. The action is part of an ongoing investigation into financial misconduct in the affordable housing sector.
Mumbai Sees Record-Breaking Property Registration in March 2025
Mumbai witnessed a surge in property registration in March 2025, driven by the impending hike in reckoner rates set to take effect from April 2025. This surge highlights the robust demand in the city's real estate market.
Private Equity Investments Fuel 133% Surge in Real Estate Deal Volumes in Q1 2025
Real estate deal volumes soared by 133% in the first quarter of 2025, driven predominantly by private equity (PE) investments, which accounted for 88% of the total transactions.