Extension of deadline till July 10 for submission of online application and payment of deposit amount for MHADA lottery.

The deadline has been extended for the convenience of the citizens to participate in the computerized lottery process for the sale of 4082 flats announced by the Mumbai Housing and Area Development Board of MHADA (a component of MHADA). The deadline has been extended till July 10, 2023.

As per the revised schedule announced by the Mumbai Board, interested applicants. Online application form can be submitted till 6 pm on July 10, 2023 and deposit amount can be paid online till 11.59 pm. Also Applicants can pay the deposit through RTGS/NEFT till the office hours of the concerned bank on July 12, 2023. On July 17, 2023 at 3 pm the draft list of applications received for draw will be published on the website of MHADA https://housing.mhada.gov.in.

Claims and Objections can be filed online from the date of release of draft list till 3 pm on July 19, 2023. Final list of accepted applications for draw will be published on MHADA website on July 24, 2023 at 3 pm. The computerized draw of applications received for allotment of flats will be conducted at Rangsharada hall in Bandra West and the date and time of the draw will be announced later.

1947 flats are included under Pradhan Mantri Awas Yojana (Urban) while 1795 flats are under MHADA scheme, 139 flats under Development Control Regulation 33 (5), 75 flats under construction under Development Control Regulation 33 (5), Development Control Regulation 33 (7) ) includes 25 flats within and 102 scattered flats. Also according to income group there are 2790 flats for Economically weaker section, 1034 for low income group, 139 for middle income group and 120 for high income group.

For Economically Weaker Section (EWS) annual income up to Rs.6 lakh is required. For Low Income Group (LIG) annual income is required up to Rs.9 lakh. For middle income group (MIG) income upto twelve lakh rupees is required. There is no maximum income limit for High Income Group (HIG).

Also Read: When does MHADA Refund the EMD to non-winners?

You May Also Like

Dharavi Redevelopment Construction Set to Begin Within Six Months

The long-awaited Dharavi Redevelopment Project is expected to start construction within the…

Maharashtra Moves to Fast-Track Housing Upgrades in Dalit Settlements

Maharashtra mandates a 15-day approval timeline for housing plans under the Dalit settlement scheme, aiming to fast-track development and improve urban living conditions.

India’s E-Commerce Industry Poised to Reach USD 550 Billion by 2035

India’s e-commerce industry is projected to hit USD 550 billion by 2035, according to a joint report by ANAROCK and ETRetail. The sector, valued at USD 125 billion in 2024, is expected to reach USD 345 billion by 2030. The report highlights a surge in online shoppers from smaller towns, with Tier 2 and 3 cities accounting for 56% of shoppers in FY2024. Additionally, mall vacancy rates have dropped to 8.1% in 2024, indicating a strong post-pandemic recovery in physical retail spaces.

Housing Prices Surge in 2024, Delhi NCR Leads with 31% Growth

India’s housing market experienced a significant price surge in 2024, with average prices rising 10% YoY. Delhi NCR led the growth with a 31% increase, followed by Bengaluru at 23%. The luxury and ultra-luxury segments played a key role in driving demand, while unsold inventory levels declined for the fourth consecutive quarter. Experts anticipate continued price appreciation in 2025, supported by strong buyer confidence and evolving housing preferences.