MHADA lottery for Mumbai will have its process starting in next six months. However, the lottery may take more than a year to actually be ready for common public.
By Varun Singh
MHADA lottery for Mumbai is something that many wait for. Simple reason that the homes sold in lottery by the state’s housing board are cheaper than the ones available in the market.
This time, lottery for Mumbai homes are being delayed. According to Madhu Chavan, the chairman of MHADA’s Mumbai Board, the lottery process shall begun within six months.
While process will begin in six months. It will take time up to an year or more for the entire process to be completed and then bring it for the common public. Which also means that lottery in 2020 looks very difficult.
The number of homes expected in the lottery are close to 1000-1200. These homes will be from areas like Dharavi, Goregaon and others.
MHADA homes which initially were not the choice for many, since 2009 became a huge hit. There were serpentine queues one could see at the banks to fill the forms for applying in lottery,
The craze for MHADA homes could be gauzed from last year’s application numbers. For a small number of 217 homes in lottery a total of 67,000 plus applications were received by the authority.
The reason for many people to go for MHADA homes is the exorbitant prices of homes by the developers in the open market.
Mumbai Board is the one that comes out with a lottery for Mumbai. Any person who is a domicile of the state and doesn’t own a house in the city limits of Mumbai can apply for the homes.
There are four categories under which the housing authority allocated homes — Economically Weaker Section (EWS), Lower Income Group (LIG), Middle Income Group (MIG), and High Income Group (HIG).
The monthly salary of a person including that of his wife to be eligible to apply in the EWS category shouldn’t cross Rs 25,000.
The same for LIG is Rs 25,001 to Rs 50,000, the criteria for MIG is Rs 50,0001 to Rs 75,000 and HIG is any person earning above Rs 75,001 per month.
