Konkan Board of MHADA has decided that to put 7,500 homes in Lottery. These homes are located in MMR. Read To Know by when the lottery shall be held.

By Varun Singh

Let’s talk about a lottery, this lottery is the one where you win homes.

Heard it right, MHADA has decided to hold a lottery of 7,500 homes soon. 

The lottery will be held by Konkan Board of MHADA

MHADA lottery is for those people who wish to buy a house, but are hestitant because of the prices of private developers.

MHADA homes are cheaper compared to what private developers offer. 

That’s the reason why for a few thousand homes, lakhs of people apply.

Now again MHADA’s Konkan Board has decided to hold a lottery of affordable homes.

Nitin Mahajan, Chief Officer of Konkan Board said, “The lottery process shall begin by March end.”

The homes are located at Thane and Kalyan areas of Mumbai Metropolitan Region. 

In Thane the locations are Bhandarli and Goteghar.

While in Kalyan the homes are located at Shirdone Koni.

“The lottery process shall begin by March end.”

Nitin Mahajan, Chief Officer, Konkan Board

The lottery process that is to begin by March end in most likelihood would mean that the draw shall be held by the start of May. 

These affordable homes are meant for the economically weaker section and the low income group. 

Interestingly in December, housing minister Jitendra Awhad had announced that there will be a MHADA lottery for Mumbai too.

Many in the city and the MMR are eagerly awaiting the lottery process to start so that they can own a house.

Also Read: Your Wait For MHADA Lottery Got Extended

Leave a Reply
You May Also Like

Godrej Properties buys 16-acres land parcel in Bengaluru’s Sarjapur

Godrej Properties buys 16-acres land parcel in Bengaluru’s Sarjapur, the project is…

Real Estate Agent Brokerage to Be Mentioned in Sale Agreement

Maharashtra’s real estate sector has achieved a significant milestone with the introduction of a regulation requiring the documentation of real estate agent brokerage in sale agreements. This change enhances transparency and accountability, ensuring that all financial obligations related to brokerage are clearly defined. With the support of NAR-India, this initiative marks a new era for professionalism in the industry, benefiting both agents and buyers.

MahaRERA Orders Refunds & Interest for Homebuyers, Possession with Delay Penalty in “Town Centre” Project

In a major order, MahaRERA has directed refunds with interest for some buyers and possession with delay penalty for another in the stalled “Town Centre” project by Fannan Builders. The ruling highlights how RERA empowers homebuyers while penalising defaulting builders.

Dharavi To Get 672 Tenements By January End

Dharavi, the biggest slum in Asia will get 672 tenements by January…