In a much-anticipated announcement, the Maharashtra Housing and Area Development Authority (MHADA) has revealed plans for a new lottery for 11,000 to 12,000 homes under the Konkan board. This exciting news comes on the heels of today’s conclusion of the Mumbai board lottery, where MHADA offered 2,030 homes but received an overwhelming 134,000 applications. Many hopeful applicants left disappointed, but the upcoming lottery provides a glimmer of hope for those seeking affordable housing.

Sanjeev Jaiswal, Vice President of MHADA, confirmed that details about the Konkan board lottery will be announced tomorrow. The Konkan board encompasses key areas including Thane, Palghar, and other regions within the picturesque Konkan belt of Maharashtra. This new lottery will also include unsold homes from the previous lottery, ensuring that a larger pool of housing options is available for prospective buyers.

MHADA has long been recognized for its commitment to providing affordable housing solutions through transparent lottery systems, making homeownership accessible to a broader demographic. The forthcoming Konkan lottery is expected to attract significant interest, given the high number of applicants for the Mumbai lottery.

Additionally, in the coming days, the Pune board of MHADA is set to announce a lottery featuring approximately 5,000 homes. This further demonstrates MHADA’s ongoing efforts to address the housing shortage in the state and cater to the needs of residents seeking affordable options.

As excitement builds for the upcoming lottery, prospective homeowners are urged to stay informed and prepared for what could be a life-changing opportunity.

Also Read: LIG Receives Highest Applications in MHADA Mumbai Board Housing Lottery 2024

You May Also Like

Listed builders beat slowdown make sales worth Rs 228 Bn in FY2019.

Listed developers have made a record and proven their worth even in…

Amitabh, Kartik and Sara buys Offices Worth several Crores in the same building

Amitabh Bachchan, Kartik Aryan and Sara Ali Khan along with her mother…

Pujit Aggarwal Has Time Till Feb 27 To Save Worli Property.

Pujit Aggarwal’s property in Worli has been put up for auction by…

NRIs from Gulf look to invest in Holiday Homes in India

The Indian real estate sector is booming given the government’s thrust towards…