Overview Maharashtra Housing and Development Authority (MHADA) invites applications from home buyers for its 1,384 low-cost homes which are under the administration of the Konkan Housing Board, to be sold via a special Diwali lottery. Online registrations will open tomorrow on 5th November 2018 at the official website and ends on 10th December 2018.
The exciting news is that MHADA has reduced the prices in order to reduce the difference in their rates and those of private builders. This step has been taken because the lottery scheme has resulted in fewer and fewer sales with the passing years, due to the high prices, with lottery winners even returning their flats on the grounds of high prices. Hence, this year, MHADA has brought down the prices to nearly 30% to 35%. It is interesting to know that there will be two or three flats up for sale via the lottery in the posh Cumballa Hill area. Located in Dhavalgiri Society, one flat will be Rs. 5.80 crore another for Rs,5,13 crore and the third for Rs.4.99 crore. These have been touted as good prices since the initial worth of flats in this area generally hovers at around Rs.8 crore. At the other end of the price range is the cheapest flat at a cost of Rs.14.61 lakhs at Chandivali, Powai.
General eligibility requirements
Income categoriesThis should be the with the average family income for the period 1st April 2017 to 31st March 2018 -
Locations and number of homes
As per income category the cost of the MHADA homes will be:
(i) Locations of homes and prices for EWS, LIG and MIG buyers.
(ii) Locations of homes and prices for HIG buyers
How to applyFirst you need to register at the 2018 MHADA Konkan Board Lottery official website with a username and password. Registrations will open on 5th November 2018. Fill in the basic information about name, address, contact numbers, etc. Then proceed to apply online on the same website via the application link. You need to select the lottery and scheme. Take a print out of the acknowledgement of your successful application. Then proceed to payment page. The payment of fees can be done online or via RTGS/NEFT payment.
Contact information MHADA Lottery Help Center
Griha Nirman Bhavan,
near "Mitra" office, Gate No.5,
Mumbai – 400051.
Helpline Phone Number: 9869988000
MHADA Website: http://mhada.maharashtra.gov.in/
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