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

Lodha Group Owner Abhishek Lodha Transfers Shares to Philanthropy Foundation

On Diwali, Abhishek Lodha, CEO of the Lodha Group, announced the transfer of a substantial portion of his shareholding in Macrotech Developers to the Lodha Philanthropy Foundation. With an initial corpus of ₹20,000 crores, the foundation will focus on empowering women, supporting children’s education, promoting environmental sustainability, and preserving Indian culture. This move underscores the Lodha family’s commitment to societal development while enhancing the philanthropic impact of their business success.

Luxury Sales Share At 21% from 7% in 5 Years, Affordable Housing Down to 20% From 37%

The Indian residential property sector surged relentlessly on in Q1 2024 in…

MMR Records Highest Land Transactions in 2024: Over 607 Acres Acquired in 30 Deals

In 2024, India’s real estate market witnessed 133 land transactions totaling 2,515 acres. MMR topped the list with 607 acres in 30 deals, while NCR recorded the highest number of transactions. Residential projects dominated the market, accounting for 1,948 acres across 95 deals.

Ajay Devgan to get 7.25 lac Rent per month 

Bollywood actor Ajay Devgan has put his commercial office space located in…