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MHADA

MHADA to Announce Lottery for 11,000-12,000 Homes on Wednesday

MHADA has announced a new lottery for 11,000-12,000 homes under the Konkan board, set to be revealed on Wednesday. This follows the recent Mumbai board lottery, which attracted over 134,000 applications for just 2,030 homes. Additionally, a lottery for approximately 5,000 homes from the Pune board will be announced soon.
  • October 8, 2024
Raju Shetti

Farmer Leader Raju Shetti Secures ₹1.20 Crore MHADA House Before Lottery Results

Farmer leader Raju Shetti has won a ₹1.20 crore MHADA flat in Powai as the only applicant under the MP/MLA/MLC quota. The results of the lottery for 2,030 homes will be revealed on Tuesday.
  • October 7, 2024
RBI

RBI’s Upcoming Monetary Policy Announcement: Implications for the Housing Market

The RBI’s forthcoming monetary policy announcement could reshape the housing market landscape in India. A possible repo rate cut may lower home loan interest rates, making EMIs more manageable for buyers. With property prices rising significantly, the impact on affordability and investor sentiment will be closely monitored.
  • October 7, 2024

Need for Housing Stock Through PPP: BMC Commissioner

At the HOMETHON Property Expo 2024, Dr. Bhushan Gagrani, Commissioner of BMC, stressed the urgent need for public-private partnerships to enhance housing stock in Mumbai as old buildings await redevelopment. Industry experts advocated for reduced premiums and greater knowledge dissemination to navigate the complexities of urban redevelopment effectively.
  • October 6, 2024
Mumbai police issues circular that terrorists may rent place in Mumbai

Mumbai Police Cyber Helpline 1930 Saves ₹1,01,58,727 in 24 Hours, Total Recovery Reaches ₹114 Crore in 2024

On October 5, 2024, the Mumbai Police Cyber Helpline 1930 successfully prevented a loss of ₹1,01,58,727 from fraudsters, highlighting its critical role in safeguarding citizens from cybercrime. With total recoveries reaching ₹114 crores this year, the helpline continues to demonstrate the importance of community awareness and quick intervention in the fight against cyber fraud.
  • October 6, 2024