Believe it or nit but flats near Mumbai are being sold for as less as Rs 15 lakh there are homes even available for less than Rs 10 lakh too.

By Varun Singh

For some it may come as a shock but it is completely true, homes near Mumbai are available for as less as Rs 15 lakh.

There are many homes in the market and is being sold by a trusted name for as less as Rs 10 lakh too.

The homes are located very close to Mumbai and are in prime locations too.

A 557 square feet apartment (built-up) in a good building located in an area near Mumbai is being sold for Rs 15 lakh.

Watch The Story in Video form on YouTube

Similarly another home measuring 698 square feet (built-up) is available for Rs 18.84 lakh.

The next example will come to you as a surprise another home measuring 370 square feet is available near Mumbai for Rs 9.98 lakh.

Ok not keeping anymore of surprise, the homes are available in Thane’s Ghodbunder road.

And MHADA is selling them via a lottery. The lottery is being conducted by MHADA’s Konkan Board.

The Konkan board has put 8,984 homes for sale.

The apartment measuring 557 square feet built-up is being sold in the building located in Wadavali in Thane on Ghodbunder road. The carpet area of the flat is 377.65 square feet.

Apart from this another flat measuring 722 square feet (built-up) whereas the carpet area of the flat is 396 square feet and the price is Rs 19.5 lakh. These apartments are also located in Wadavali in Thane.

There are flats in Kasarwadavali in Thane’s Ghodbunder Road being sold for Rs 17 to 18.84 lakh. These homes measure 630-698 square feet (built-up) whereas the carpet area is between 400-515 square feet.

One of the cheapest homes in the lottery is being sold for Rs 9.98 lakh and this flat is in Mogharpada again in Thane’s Ghodbunder road. This flat measures 306 square feet carpet, and its built-up is 370 square feet.

Applications are being accepted by MHADA online, for which registrations are already going on.

The lottery will be conducted in an auditorium in Thane on Dusshera (October 14).

Also Read: Till now MHADA has received 26,560 Applications for 8,984 Homes

Leave a Reply
You May Also Like

Institutional Investments in Indian Real Estate Reach Historic Highs in 2024, Surpassing 2007 Record

Institutional investments in Indian real estate hit a record USD 8.9 billion in 2024, surpassing the previous 2007 peak. The residential sector emerged as the top recipient, overtaking office investments. Increased participation from domestic investors and growing interest in emerging sectors like data centers and healthcare highlight the evolving dynamics of India’s real estate market.

Lottery Conducted Successfully for 1,341 Homes and 18 Plots by MHADA’s Sambhajinagar and Nashik Boards

MHADA held a computerized lottery for 1,341 homes and 18 plots in Sambhajinagar and 101 homes in Nashik. With 8,380 applications received, officials highlighted transparency, modern technology, and upcoming plans to build 6,000 new homes.

MahaRERA Cannot Decide Issues Relating to Eviction or Recovery of Flat

MahaRERA has ruled that eviction, flat recovery, and agreement-cancellation fall outside its jurisdiction. In the Amity Apartments case, the Authority dismissed the promoter’s complaint — clarifying that such civil-property disputes must be addressed in civil courts, not through RERA.

Sarjapur–Attibele Corridor Outpaces Bengaluru Housing Market with 71% Price Growth

Sarjapur–Attibele Road is emerging as one of Bengaluru’s fastest-growing real estate corridors, with residential prices rising 71% between 2022 and 2025, outperforming the city’s overall housing market growth of 63%, according to ANAROCK Research.