MHADA Housing Lottery: Over 57,000 applicants for 217 homes; seven days left to apply

MHADA Housing Lottery: Over 57,000 applicants for 217 homes; seven days left to apply

Staff ReporterUpdated: Wednesday, May 29, 2019, 08:03 PM IST
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Mumbai: Nearly 57,422 people have shown interest in the latest Maharashtra Housing and Area Development Authority’s (MHADA) Mumbai lottery houses that are up for sale. Of these, 36,301 applicants have already paid the one-time deposit to enrol in the lottery process. The authority’s Mumbai board had called applications for 217 houses which are to be sold in the lottery drawing, scheduled on June 2.

According to MHADA officials, since the deadline for applications is May 24, they are expecting more applicants to jump into the fray and hope to receive deposit amounts from at least 60,000 people in the process. Of the 217 houses, 170 are in the lower income group, while 47 are in the middle-income groups (LIG and MIG) and are mainly located in Sahakar Nagar in Chembur and Kopri Village in Powai.

To participate in the Mumbai lottery, those interested must register on the MHADA website and pay a deposit of Rs 20,000 and Rs 30,000 for LIG and MIG homes respectively. Those homebuyers with an average monthly income between Rs 25,000 and Rs 50,000 can apply for the LIG homes, while those with an income between Rs 50,000 and Rs75,000 can apply for MIG homes.

The MHADA officials have further informed, in future housing lotteries, every applicant can make a one-time deposit payment and apply for multiple houses, increasing their prospects of winning. Currently, applicants may only apply for one house at a time.

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