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affordable housing Mumbai

22 posts
MHADA

MHADA Mumbai Lottery 2026: 2,640 Flats Announced Across Income Groups; Applications Open March 30

MHADA has launched its Mumbai Lottery 2026 offering 2,640 flats across income groups. Applications open March 30, with the draw scheduled for May 15.
After 15 years of delay, MHADA has started PAAA agreements for the ₹893 crore PMGP Colony redevelopment in Jogeshwari, marking a major step toward transforming 942 homes into modern 450 sq ft units.

Coming Soon: MHADA’s Mumbai Lottery for 2,500 Homes

MHADA is set to launch a Mumbai housing lottery offering around 2,500 homes, with the draw expected in April. The official advertisement may be released by the end of March, offering fresh hope to homebuyers looking for affordable housing in the city.
Maharashtra government has sanctioned ₹5 crore to MahaHousing from the Shelter Fund to cover loan repayments and operational costs, with strict repayment and interest conditions attached.

40% of Homes Sold in Mumbai in February Were Priced Below ₹1 Crore

Affordable homes still dominate Mumbai’s property market, with 40% of February sales below ₹1 crore, but rising mid-segment demand shows buyers are steadily upgrading budgets and confidence.
MHADA

Domicile Certificate Mandatory for MHADA’s 120 FCFS Flats

MHADA’s Mumbai Board is likely to open registration next week for 120 FCFS flats, and Chief Officer Milind Borikar confirms domicile certificate is mandatory for applicants.
Mumbai’s housing market has started 2026 with a sharp drop in registrations and a worrying fall in affordable home purchases, signalling rising affordability pressure and weakening buyer activity.

Mumbai Housing Market Slipping: Registration Fall, Rs 1 Cr Homes Disappearing From Market

Mumbai’s housing market has started 2026 with a sharp drop in registrations and a worrying fall in affordable home purchases, signalling rising affordability pressure and weakening buyer activity.