The MHADA Housing Scheme, started by the Maharashtra Housing and Area Development Authority is offering 1,384 houses in various categories across Mumbai, Pune, Nagpur, Aurangabad etc. via MHADA lottery. Applicants must file their applications before December 10, as the lottery date is on December 16. The MHADA Housing Scheme will hold the lottery at their headquarters at Bandra East.
MHADA Housing is offering properties in various localities such as Tunga Powai, Mankhurd, Mulund, Gavhanpada, Sion, Pratiksha Nagar, Antop Hill, Mahavir Nagar in Kandivli West, Siddharth Nagar in Goregaon West.
Under the MHADA Lottery, an LIG flat is available at Rs. 20-35 Lakh, while the starting price for an EWS flat is Rs. 14 Lakh. The price of an HIG apartment starts at Rs. 60 Lakh and goes up to Rs. 5.8 crores. The prices of MIG tenements start from Rs. 35 Lakh and go up to Rs. 60 Lakh. Buyers will have to pay stamp duty on the cost of the unit.
Please note, the income is average monthly income, and excludes reimbursement allowances such as transport, medical, laundry, and so on.