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

MHADA Lottery 2024: Last Day to Apply, Over 1 Lakh Applications Received
Real Estate Maharashtra:Maharashtra Housing and Area Development Authority (MHADA) has received over 1 lakh applications for 2,030 affordable homes in Mumbai for the MHADA lottery 2024 that opened to the public in August. The housing draw closes today.

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.

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