The Maharashtra Housing and Area Development Authority (MHADA) are all set to launch an affordable housing scheme in the year 2020-21. It is being planned for the vicinity of Mumbai Metropolitan Region (MMR). The MHADA Lottery 2020 will include home options under four categories. They are Economically Weaker Section (EWS), Lower Income Group (LIG), Middle Income Group (MIG), and Higher Income Group (HIG). It is possible to apply for the MHADA Lottery 2020 after following social distancing norms owing to COVID-19. There has been more than a year since the housing authority came up with the scheme. The last time it was done in June 2019. Under that, 2017 units across different categories in and around Mumbai were allotted.
If you wish to participate in the MHADA Lottery 2020, then you would need to comply with its eligibility parameters. Take a look:
If you wish to apply for the MHADA Lottery in 2020-21 for MHADA Pune, and MHADA Mumbai, then you would need to keep a few documents handy. Have a look:
Applying for the MHADA Lottery is easy. All that you need to follow is a few steps:
It is now possible to check MHADA Lottery Waitlist for MHADA Pune and MHADA Mumbai. Take a look:
The types of MHADA Lottery include for income groups such as EWS, LIG, MIG and HIG.
The most recent projects that are under construction under MHADA include the following:
The prices of the houses falling under various income categories of MHADA Housing Scheme are:
If the MHADA Lottery applicant is unable to succeed in the Lottery, then, MHADA will refund the money within seven working days. Such applicants can check their refund status by logging into their profiles on the official website of the MHADA.
With Bajaj Housing Finance Limited Home Loan, you get access to a sanction of up to Rs.3.5 crore, at very low-interest rate, which you can repay over a flexible tenor of up to 30 years.