MHADA Lottery Unveils Priciest Homes at Rs 7.57 Crore

On August 9, 2024, MHADA launched its lottery for 2,030 homes in Mumbai, with the priciest unit located in Tardeo’s Crescent Tower, priced at Rs 7.57 crore. This building was also featured in the previous lottery.

The lottery includes homes across four categories: EWS (Economically Weaker Section), LIG (Low Income Group), MIG (Middle Income Group), and HIG (High Income Group).

Income limits for eligibility are as follows: EWS applicants must earn up to Rs 6 lakh per year, LIG applicants up to Rs 9 lakh, MIG applicants up to Rs 12 lakh, and there is no income cap for HIG applicants.

EWS candidates can apply for both EWS and LIG homes, LIG candidates can apply for, LIG, and MIG homes, while MIG candidates can apply for MIG homes and HIG homes. HIG applicants are restricted to applying solely for HIG homes.

Here are some of the locations where the MHADA lottery homes are available: Wadala, Mulund, Vikhroli, Pahadi Goregaon, Tardeo, Goregaon, Kandivali, Lower Parel, Borivali, Sion, JVPD-Juhu, Byculla, Dadar, Mahim, Mazgaon, Antop Hill, Santacruz, Chembur, Kurla, Andheri, Powai, and Malad.

The key eligibility criteria for the MHADA lottery are as follows:

Domicile Requirement: Applicants must be domiciled in Maharashtra and at least 18 years old at the time of application.
Property Ownership Restrictions: Applicants must not own a home within the Mumbai Municipal Corporation limits. If married, the applicant’s spouse and minor children must also not own a home within BMC limits.
Previous Benefits: Applicants should not have previously received a government-subsidized home in Maharashtra through any government scheme.

Here are the important dates for the MHADA lottery: