MHADA Sells 64 Out of 118 Homes Under First-Come, First-Served Scheme in Mumbai

Published: March 18, 2026 | Category: Real Estate
MHADA Sells 64 Out of 118 Homes Under First-Come, First-Served Scheme in Mumbai

Nearly half of the 118 apartments, 64 units, have been sold by the Maharashtra Housing and Area Development Authority (MHADA) under its first-come, first-served (FCFS) scheme launched in February. The remaining unsold units are largely in the higher price bracket of ₹4 crore to ₹8 crore.

In February 2026, MHADA announced the sale of 118 flats under an FCFS scheme. These apartments were earlier offered through several lottery schemes but remained unsold for various reasons and were put up for sale on a first-come, first-served basis. The flats were put up for sale in areas such as Kandivali, Charkop, Shimpoli, Antop Hill, Wadala, Powai, Malad, Mankhurd, Ghatkopar, Vikhroli, Byculla, Tardeo, Lower Parel, Sion, Juhu, and Andheri.

“We were able to sell 64 apartments under the FCFS scheme. The units sold were largely in the lower price brackets, while the unsold inventory is in the higher price range of ₹4 crore, ₹5 crore, and ₹8 crore. The most expensive apartment, priced at ₹8 crore in South Mumbai, also remains unsold,” said Milind Borikar, CEO of MHADA's Mumbai Board.

“We will continue efforts to sell the remaining units under the FCFS scheme. However, these units will not be included in the upcoming lottery since they remained unsold earlier. Instead, we are working to sell them through the open market,” Borikar said.

More than 70% of the 118 MHADA apartments offered under the FCFS scheme in Mumbai were priced below ₹2 crore. As per the price bifurcation on MHADA’s website, 40 flats are available below ₹1 crore, over 70 units fall under the ₹2 crore category, while 28 apartments are priced between ₹2 crore and ₹8 crore.

The most expensive apartment put up for sale by MHADA is located at Crescent Tower in the Tardeo area of South Mumbai. The apartment has a built-up area of approximately 1,838 sq ft (170.76 sq m) and a carpet area of around 1,532 sq ft (142.3 sq m), according to details on the MHADA website.

Apart from this, the MHADA has listed three additional apartments in the same building priced between ₹6.27 crore and ₹7.94 crore. The authority has also put several flats on sale in Juhu, Mumbai, with prices ranging from ₹3 crore to ₹5.50 crore, according to available data.

The most affordable apartment offered by MHADA is located in PMGP Colony, Mankhurd. The unit has a built-up area of around 247 sq ft (23 sq m) and a carpet area of approximately 225 sq ft (20.91 sq m). It is priced at ₹31.17 lakh.

Apart from this, MHADA has also listed apartments across locations such as Kandivali, Charkop, Wadala, Malad, and Byculla, with prices ranging from ₹35 lakh to ₹3 crore.

Stay Updated with GeoSquare WhatsApp Channels

Get the latest real estate news, market insights, auctions, and project updates delivered directly to your WhatsApp. No spam, only high-value alerts.

GeoSquare Real Estate News WhatsApp Channel Preview

Never Miss a Real Estate News Update — Get Daily, High-Value Alerts on WhatsApp!

Frequently Asked Questions

1. What is MHADA's FCFS scheme?
MHADA's FCFS (First-Come, First-Served) scheme is a program where unsold apartments from previous lottery schemes are offered for sale on a first-come, first-served basis. This scheme aims to provide housing opportunities to more people by making available previously unsold units.
2. How many apartments were sold under the FCFS scheme?
MHADA sold 64 out of the 118 apartments offered under the FCFS scheme. These units were primarily in the lower price brackets.
3. What is the price range of the remaining unsold apartments?
The remaining unsold apartments are largely in the higher price bracket, ranging from ₹4 crore to ₹8 crore.
4. Where are the apartments located?
The apartments are located in various areas of Mumbai, including Kandivali, Charkop, Shimpoli, Antop Hill, Wadala, Powai, Malad, Mankhurd, Ghatkopar, Vikhroli, Byculla, Tardeo, Lower Parel, Sion, Juhu, and Andheri.
5. What is the most expensive apartment listed by MHADA?
The most expensive apartment listed by MHADA is located at Crescent Tower in the Tardeo area of South Mumbai. It is priced at ₹8 crore and has a built-up area of approximately 1,838 s
6. ft (170.76 s
7. m) and a carpet area of around 1,532 s
8. ft (142.3 s
9. m).