Transaction Details

The agreement for the property, a flat on the third floor of Peninsula Heights, was registered on May 30, 2025. The registration document shows that stamp duty of ₹1,92,000 was paid , along with a registration fee of ₹30,000. Anjali Tendulkar was provided with a 1% discount on the stamp duty, as per the policy for female buyers.

Also Read: Alibaug emerges as a celebrated investment destination

The Tendulkars have various investments across Mumbai especially in Bandra East and West, in other parts of Maharashtra. The other investments are huge homes and bungalows, this 1BHK purchase has left many wondering.

The post Anjali Tendulkar Buys Apartment in Virar, for ₹32 Lakh appeared first on Square Feat India.

So what’s behind this massive rush for MHADA homes?

Affordable Homes in Strategic Locations — A Rare Opportunity

This year’s Konkan Board lottery offers a total of 5,285 flats across all income groups — from Economically Weaker Section (EWS) to Higher Income Group (HIG) — along with 77 residential plots, which are rare and highly coveted.

The homes are spread across fast-developing and well-connected suburbs like:

• Virar
• Kalyan
• Palghar
• Mira Road
• Navi Mumbai
• Khoni, and others.

What makes these locations attractive is a mix of ongoing infrastructure upgrades, proximity to Mumbai, and the opportunity to own a home at a fraction of market prices.

20–30% Lower Prices Than Market Rate

Real estate experts say the biggest draw is affordability.

“MHADA flats are priced nearly 20–30% lower than prevailing market rates, especially in the EWS and LIG segments. In a city like Mumbai, this is the only realistic route to homeownership for many,” says a property market analyst.

Buyers also benefit from a transparent lottery system, no brokerage, and minimal paperwork, making it a cleaner, hassle-free process compared to private sector projects.

Who Can Apply — And What’s Needed?

To apply, individuals must meet certain basic criteria:

• Be an Indian citizen, 18 years or older
• Provide proof of 15 years of residence in Maharashtra (domicile)
• Submit a PAN card and income documents
• Apply under the correct income category: EWS, LIG, MIG, or HIG

No domicile certificate yet? No problem.
MHADA has clarified that those without a domicile certificate can still apply as long as they submit proof that their application for the certificate is in process.

Application Deadline Closing In Fast

MHADA hasn’t announced an official last date, but given the flood of applications, experts warn that competition will be intense, and the number of applicants may quickly far exceed the number of available homes.

Applicants are advised to gather their documents early, especially the domicile certificate, which is turning out to be more important than money in this process.

Bottom Line

In a housing market where prices are out of reach for most middle-income buyers, the MHADA Konkan Board Lottery 2025 is offering a genuine chance at homeownership — and thousands aren’t waiting around to try their luck.

Also Read: MHADA Announces Lottery for 1,418 Homes

The post Why Are Thousands Rushing to Apply for the MHADA Konkan Lottery appeared first on Square Feat India.

The rise of Panvel, along with Virar, which also saw a 58% growth, highlights the growing appeal of peripheral locations. While prime city areas like Worli and Lower Parel recorded price increases of 37% and 49% respectively, the surge in peripheral locations is largely driven by enhanced connectivity and affordability.

Property prices in Panvel and Virar have risen rapidly due to significant infrastructure developments in the region. Key projects like the Atal Setu Bridge, which improves connectivity between South Mumbai and Navi Mumbai, and the Navi Mumbai International Airport (NMIA), set to boost global connectivity, are making these areas more accessible and attractive to homebuyers, investors, and developers alike. Additionally, the Virar-Alibaug Multimodal Corridor, which will drastically reduce travel time between Virar and Alibaug, is another key factor fueling interest in these areas.

The demand for affordable housing in these locations, combined with improved access to Mumbai, is driving the price rise. As commuting times shorten with better road and rail connectivity, Panvel and Virar have become popular alternatives for homebuyers seeking more spacious homes at affordable prices compared to central Mumbai. Developers are responding to this growing demand by launching numerous projects, anticipating interest from a middle-class population eager to invest in suburban living.

This trend of peripheral areas outperforming prime locations is not exclusive to Mumbai. Across India’s top seven cities, price growth in suburban areas has surpassed that of city centers. With improved infrastructure and the availability of spacious and affordable housing options, suburban areas are increasingly becoming the preferred choice for homebuyers.

Beyond affordable housing, there is also a rising demand for holiday homes in peripheral areas. Locations like Lonavala and Alibaug, which offer proximity to Mumbai along with serene environments and luxury living options, have become prime markets for second homes. These areas are increasingly seen as ideal for weekend getaways and investment opportunities, further boosting their appeal.

The growing popularity of holiday homes in these regions is driven by a combination of scenic landscapes, improved connectivity, and changing lifestyle preferences. Many affluent buyers are now investing in luxury villa projects in these areas, marking them as prime locations for second homes. Supported by robust infrastructure growth, these micro-markets are expected to continue thriving in the coming years.

This shift in the real estate landscape underscores the dynamic transformation taking place in India’s housing market. With infrastructure development and connectivity at its core, the rise of peripheral areas is setting the stage for the next phase of growth in India’s real estate sector, creating a diverse and evolving housing market.

Also Read: Peripheries will rise, as walk to work takes backseat

The post Peripheral Areas Outshine Mumbai’s Prime Locations in Residential Price Appreciation appeared first on Square Feat India.

The Konkan Housing and Area Development Board of MHADA has initiated a large-scale campaign to promote the sale of flats under the First-Come, First-Serve (FCFS) scheme. These flats are available for Economically Weaker Sections (EWS), Low-Income Groups (LIG), and Middle-Income Groups (MIG) under the Pradhan Mantri Awas Yojana (PMAY-Urban). The flats are located in Virar-Bolinj, Khoni-Kalyan, Shirdhon-Kalyan, Gotheghar-Thane, and Bhandarli-Thane.

As part of this campaign, 29 information stalls have been set up at key locations across the region from December 2 to December 11, 2024. The stalls will provide detailed information about the available flats, application eligibility, and the online registration process. Applicants can apply through the official MHADA website (https://lottery.mhada.gov.in). The registration process began on October 11, 2024.

Campaign Details
Mrs. Revati Gaykar, Chief Officer of the Konkan Board, highlighted that the stalls aim to assist prospective buyers by offering information on the FCFS flats, eligibility criteria, and the application process. In addition to the stalls, flyers and street plays are being organized to raise awareness about the housing schemes.

Message to Applicants
Mr. Anil Wankhade, Deputy Chief Officer of MHADA, encouraged potential applicants to take advantage of the campaign’s support services. This initiative is part of MHADA’s ongoing efforts to sell unsold flats across Maharashtra, as directed by MHADA Vice-President and CEO, Mr. Sanjeev Jaiswal.

Stall Locations
The stalls are strategically placed at various government offices and public locations. These include the head offices of municipal corporations in Vasai-Virar, Mira-Bhayandar, Ulhasnagar, Navi Mumbai, Kalyan-Dombivli, Thane, and Palghar. Additionally, stalls are available at district collector offices in Palghar and Thane, the Thane RTO, subdivision offices in Vasai, Ulhasnagar, Palghar, and Kalyan, and the tehsildar’s office in Ambernath. Other prominent locations include the Mahape MIDC administrative office, the Jivdani Devi Temple in Virar, churches in Virar and Vasai, and major railway stations in Virar, Vasai, Thane, Badlapur, Ambernath, Ulhasnagar, Vashi, Panvel, Dombivli, Karjat, and Kalyan.

Support at the Stalls
Each stall is staffed by Konkan Board representatives who provide comprehensive guidance on the housing schemes, eligibility, and the online application process. They assist with document requirements and help resolve any application-related issues immediately. For further support, a dedicated team at the MHADA office is available for coordination.

Project Features
Mr. Mahesh Jeswani, Chief Engineer at MHADA, stated that all the projects under the FCFS scheme are equipped with essential facilities, including 24-hour water supply, firefighting systems, lifts, and common areas. In addition, each housing complex will have sewage treatment plants and organic waste converters.

Available Flats Under the FCFS Scheme

• Virar Bolinj: 174 (PMAY)
• Virar Bolinj: 4,164
• Khoni-Kalyan: 2,621 (PMAY)
• Shirdhon-Kalyan: 5,774 (PMAY)
• Gotheghar-Thane: 701 (PMAY)
• Bhandarli-Thane: 613 (PMAY)

Also Read: MHADA Konkan Board Directs Developer to Cease Additional Fees for EWS Flat Winners in Dhokali

The post MHADA To Hold Street Plays, Stall at Railway Station To Get buyers for Homes appeared first on Square Feat India.

By Varun Singh

If you haven’t yet applied for the MHADA lottery to be held on Dusshera, then don’t worry, you haven’t missed the chance,

The Konkan Board (MHADA’s divisional component) has announced a revised schedule of public computerized lottery for 8,984 flats.

Registration for the lottery commenced on August 24, and earlier it was to be till 11.59 pm on September 22, 2021, while the last date for submission of application was till 11.59 on September 23, 2021.

As per the new schedule, the interested eligible applicants can register online application for this computerized draw till 11.59 pm on September 29, 2021.

Registered applicants Online applications can be submitted till 11.59 pm on September 30, 2021. Payment of deposit (EMD) through RTGS / NEFT online as well as in the bank. Can be done till 11.59 pm on October 01, 2021.

Publication of the draft list of applications accepted for the draw will be held on October 04, 2021 at 6 pm on MHADA’s official websites https://lottery.mhada.gov.in and https://mhada.gov.in.

Claims-objections since the publication of the draft list can be filed till 3 pm on October 05, 2021.

“Publication of the final list of applications accepted for the draw. will be held on October 6, 2021 at 6 pm,” informed the Chief Officer of the Konkan Board, Dr Nitin Mahajan.

“The program of computer lottery shall be held on the earlier decided date of October 14, 2021 at 10 am, at Dr. Kashinath Ghanekar Natyagriha, near Hiranandani Meadows, Manpada, Thane (West),” Mahajan said.

Of the total 8,984 homes, 6,180 flats have been made available under the Pradhan Mantri Awas Yojana (Urban) in the draw of Konkan Mandal. Of these, 624 flats are located at Shirdhon (Tal. Kalyan, Dist. Thane), 586 flats at Khoni (Tal. Kalyan, Dist. Thane) and 2016 flats at Survey No. 162 Khoni (Tal. Kalyan, Dist. Thane) for the lowest income group. There are 1769 flats at No. 13 Bhandarli (Tal. Dist. Thane) and 1185 flats at Gotheghar (Dist. Thane).

Also, under MHADA Housing Scheme, 15 flats are being made available at Mira Road (Thane) for Economically Weaker Section group. For low income group 1,742 flats at Virar Bolinj, 88 flats at Survey No. 13 Bhandarli (Tal. Dist. Thane) are included in the draw. For middle income group 36 flats at Virar Bolinj, 196 flats at Survey No. 216 PT, 221 PT Mira Road (Dist. Thane) have been made available in lottery.

Also Read: Till now MHADA has received 26,560 Applications for 8,984 Homes

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