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MHADA Lottery March 2017

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MHADA Lottery March 2017

Last updated: July 22 2018
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  • MHADA Lottery March 2017

    MHADA to Announce its Next MHADA Lottery 2017 for 10,000 Houses in March - Maharashtra Housing and Area Development Authority has started the process of providing affordable housing for needy people. According to the survey report
    Last edited December 27 2016, 10:21 PM. Reason: Title edit
  • #2

    #2

    Re : MHADA Lottery March 2017

    What are the proposed locations for these flats?

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    • #3

      #3

      Re : MHADA Lottery March 2017

      Oshiwara, Goregaon and Mulund. Tentative till final notification comes

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      • #4

        #4

        Re : MHADA Lottery March 2017

        The Maharashtra Housing and Area Development Authority (MHADA) has launched its housing scheme for Mumbai recently. Here is all you need to know about the housing scheme:

        What is on offer?
        The body is selling 819 under-construction and ready-to-move-in units, sizing between 17.23 square metre (sqm) and 68.69 sqy. Of the whole lot, 66 units are ready-to-move-in while the remaining is under construction.

        What is the price?
        Of the total units, 192 homes are meant for the low-income group (LIG), 281 for the middle-income group (MIG), 338 for the high-income group, and eight for the economically weaker sections (EWS). The cost of these units ranges between Rs 15.36 lakh and Rs 1.42 crore. Buyers will have to pay stamp duty over and above the cost of the unit.

        Where are these units?
        These units are spread in areas of Borivali, Chandivali, Goregaon West, Kandivali, Kurla, Lower Parel, Mankhurd, Malad, Powai, Sion and Vikroli. Areas where the highest number of houses will be sold to buyers include Tungwa, Powai where 168 under-construction units meant for the HIG category are priced at Rs 1.39 crore. At Kannamwar Nagar, Vikroli, 140 under-construction units meant for the LIG category, are priced at Rs 34.38 lakh. Shimploi, Kandivali West is the area where the highest number of ready-to-move-in units is concentrated. Meant for the HIG category, there units of 44.29 sqm will cost buyers approximately Rs 75 lakh.

        What is the procedure?
        These houses will be sold using through a lottery draw on November 10. People can apply for the same between September 16 and October 21. If you are 18 years of age, have been living in Maharashtra for the past 15 years and do not own a residence from the MHADA (neither you nor your spouse or children), you could apply for the new units.

        As the entire process is online, buyers have to log on to http://lottery.mhada.gov.in. For registering on the site, you have to provide all your personal and income-related details. After filling the application form, depending on the income category, buyers have to pay the earnest money deposit. This payment could be made through channels such as demand draft, debit card, credit card and internet banking.

        To fill the online application form, buyers have to pay a non-refundable Rs 336 charge. The MHADA has set up a help centre named Mitra at its Bandra East Office where applicant seek information regarding the scheme.
        Last edited September 18 2017, 06:54 PM.

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        • #5

          #5

          Re : MHADA Lottery March 2017

          MHADA lottery sees lukewarm response


          The 338 homes available in the High Income Group (HIG) of the MHADA lottery received a mere 5,446 applications. It's a small number in contrast to the 9,145 applications received for the eight homes available in the Economically Weaker Section (EWS) category. The lottery is to be held on November 10, which offers 819 homes under four categories.

          In the other two categories — Lower Income Group (LIG) and Middle Income Group (MIG) — 32,952 and 16,321 applicants showed interest for 168 and 281 homes respectively.

          Subhash Lakhe, chief officer of MHADA's Mumbai Board, who is organising the lottery, said, "The bank may have 2,000 to 3,000 cheques pending to be entered into the system so the expected count of total application will be 66,000 to 67,000."

          At present, the total figure for the number of applications received by MHADA stands at 78,674 of which 63,864 applicants have paid. In applications made — EWS received 12,439 applications; HIG, MIG and LIG received 6,799, 19,966 and 39,470 applications respectively.

          Even if the highest figure being quoted by MHADA for the overall applications is considered, it is yet nearly 50 per cent of the previous year's applications. Last year, 1.35 lakh applicants had paid to participate in the MHADA lottery for around 910 homes.

          "All the previous lotteries have shown that the EWS and LIG categories have been the biggest pullers for the MHADA homes. This year, MHADA reduced the number of homes in these two categories which is the reason the number of applications is less.

          MHADA should take a cue from this and make amends in the future lottery," said Sanjay Chaturvedi, executive editor, Accommodation Times. NOT A LOTTERY

          • The total number of homes this year are 819 whereas last year they were 910.
          • EWS received the highest applications at nearly 77,000.
          • Total applications last year were 1.35 lakh while this year they are 78,674
          http://www.dnaindia.com/mumbai/repor...sponse-2556325

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          • #6

            #6

            Re : MHADA Lottery March 2017

            All 168 owners have returned their slum like 1.4 cr flats in tungwa powai. 29 out of 36 have returned in lower parel.

            Rip mhada hig

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            • #7

              #7

              Re : MHADA Lottery March 2017

              Jul 21, 2018, 11:02 AM
              Real Estate
              In 2017, Maharashtra Housing Redevelopment Authority (MHADA) was criticised for selling houses at exorbitant rates in Parel while a common man was royally ignored. However, it seems this very decision has backfired at MHADA, as 29 people have returned their Parel flats to them.

              A similar incident took place at Tunga-Powai, where lottery winners have returned 168 houses worth ₹1.39 Cr to MHADA. This is the first time when lottery winners have returned houses in large numbers.


              On November 10, 2017, MHADA announced a lottery of 819 houses that included two houses in Lower Parel worth ₹1.96 Cr and ₹1.42 Cr, respectively.

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