CREDAI-MCHI Launches Exhibition to Streamline Redevelopment in Mumbai

CREDAI-MCHI has launched the inaugural “Ease of Doing Redevelopment (EODR)” exhibition in Mumbai, aimed at simplifying the redevelopment processes for over 900 housing societies. The event features direct interactions with more than 40 developers and includes the release of a comprehensive report on the redevelopment landscape, highlighting key industry players and insights into effective strategies.

MHADA Earns ₹5.68 Crore Ahead of Upcoming Lottery for 2,030 Homes

The Maharashtra Housing and Area Development Authority (MHADA) has generated ₹5.68 crore ahead of its upcoming lottery for 2,030 homes in Mumbai. With over 113,000 applicants completing their payments, the lottery, scheduled for October 8, 2024, aims to provide affordable housing options in the city.

MHADA Lottery: Over 1.34 Lakh Applications Received

MHADA has declared a lottery for 2030 homes in Mumbai, closing applications with over 134,000 received by the September 19 deadline. The lottery, scheduled for October 8, presents applicants with odds of 0.015% for securing a home, highlighting the high demand for affordable housing in the city.

MHADA Announces New Lottery Date for Mumbai

The Maharashtra Housing and Area Development Authority (MHADA) is set to hold a lottery for 2,030 homes in Mumbai, with significant updates including price reductions for 370 homes and extended application deadlines. The application process starts on August 9, 2024, and the lottery draw will take place on October 8, 2024.

Union Cabinet Sanctions Transfer of 256 Acres for Dharavi Redevelopment Project

The Union Cabinet has sanctioned the transfer of 256 acres of salt pan land to the Maharashtra government for the Dharavi Redevelopment Project. Located in Mulund, Bhandup, and Kanjurmarg, the land will be used for housing non-eligible Dharavi residents and constructing new residential units. The project aims to address Mumbai’s housing crisis, but faces challenges, including delays and community opposition.