MHADA Mumbai Board Lottery Sees Overwhelming Response with 1.34 Lakh Registrations
MHADA's Mumbai board lottery receives 1.34 lakh applications, with 1.14 lakh paying earnest money deposit. The online lottery is scheduled for October 8.
MhadaMumbaiReal EstateAffordable HousingLotteryReal Estate MumbaiSep 20, 2024
The inventory in this year's lottery is priced between Rs 29 lakh to Rs 6.8 crore, with the prices being reduced for some of the units during the application process. The units are located in various areas in the island city and suburbs, including Tardeo, Juhu, Vikhroli, Goregaon, Malad, and others.
Of the total number of applicants, around 1.14 lakh paid the earnest money deposit (EMD) provided. MHADA officials said that the number of applicants who paid the deposit will increase, as various payments are settled in a day or two. Only those who have paid the EMD are eligible for an allotment, MHADA officials added, with the payments varying according to the categories applied to - economically weaker sections, low-income group, middle-income group, and high-income group.
Of the 2,030 units that are part of the lottery process, a total of 1,038 units are reserved for the general public, while the rest are reserved for scheduled castes and scheduled and nomadic tribes, current and ex-servicemen and their families, elected representatives, central and state government employees, journalists, artists, and others. Generally, units reserved for the general public and scheduled castes see the most number of applications.
The online lottery is scheduled for October 8. Last year, MHADA's Mumbai board lottery for 4,082 tenements received more than 1.2 lakh applications.MHADA is a housing authority that provides affordable housing to the people of Maharashtra. It was established in 1977 and is headquartered in Mumbai.Maharashtra Housing and Area Development Authority (MHADA) is a housing authority that provides affordable housing to the people of Maharashtra. It was established in 1977 and is headquartered in Mumbai.
Frequently Asked Questions
What is the total number of applications received for the MHADA Mumbai board lottery?
1,34,350
How many units are reserved for the general public?
1,038
What is the price range of the units in the lottery?
Rs 29 lakh to Rs 6.8 crore
When is the online lottery scheduled?
October 8
How many applications were received for the MHADA Mumbai board lottery last year?
More than 1.2 lakh
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