The Maharashtra Housing and Area Development Authority (MHADA) launched its 2024 lottery on the 16th of August 2024, featuring 708 unsold flats from the previous year and 1327 brand-new apartments. MHADA holds a lottery whenever its unsold inventory reaches 1,000 apartments. A lottery for 4,000 apartments was launched by MHADA last winter. These flats are attractive to consumers looking for affordable accommodation because they are priced 40 to 50 percent below the ready reckoner rate. Read the article below to know more about Mhada Lottery Mumbai.
About Mhada Lottery Mumbai 2024
Under Mhada Lottery Mumbai the houses will be distributed using a lottery mechanism, with the results being revealed on September 13 at 11 a.m. In Goregaon, Wadala, Powai, Vikhroli, and Malad, there will be a housing lottery for 2,030 flats. Flats of different income levels are included in the September 13 lottery.
Features of Mhada Lottery Mumbai 2024
Some of the key features of Mhada Lottery Mumbai are mentioned below:
- The middle-income group (MIG) category has the greatest number of available apartments. Of the 2,030 apartments offered, nearly 768 fall under the MIG category.
- Based on statistics given by MHADA, the Lower Income Group (LIG) has 627 units, while the Economic Weaker Section (EWS) and Higher Income Group (HIG) will have 359 and 276 flats, respectively.
- The MIG group mainly consists of 2 BHK homes, whilst the LIG and EWS categories offer 1 BHK apartments.
- The HIG category includes the largest 3 BHK flats. According to MHADA authorities, prices differ depending on the area and are not set in stone.
- After the publication of the MHADA advertisement on August 8, the price list will be revealed. However, the average starting price of an apartment in the EWS category is approximately 30 lakh. The HIG category’s three-bedroom flats would have the highest price, which is anticipated to be more than ₹1 crore.
Documents Required
Following are the documents required for Mhada Lottery Mumbai
- PAN Card
- Passport-sized photographs
- Birth certificate
- Aadhaar card
- Domicile certificate
- Cancelled cheque
- Driving license
- The contact details of the housing scheme applicants.
Eligibility Criteria for Mhada Lottery Mumbai
Before applying for the lottery , make sure you fulfill all the eligibility criteria mentioned below:
- The EWS category is limited to purchasers whose household income is up to ₹6 lakh annually.
- Under the LIG category, buyers with a family income between ₹6 lakh and ₹9 lakh are eligible to apply.
- Under the MIG category, buyers with a family income between ₹9 lakh and ₹12 lakh are eligible to apply.
- Buyers who qualify under the HIG category must have a family income of at least ₹12 lakh annually.
- Buyers should be aware that, for the MHADA lottery, a husband and wife’s annual income is deemed to be family income under the terms of the MHADA housing scheme. Family income does not include a person’s parents’ or siblings’ income.
Application Process of Mhada Lottery Mumbai 2024
If you are willing to apply for Mhada Lottery Mumbai, follow the steps below for the application process.
- Visit the official website of MHADA i.e housing.mhada.gov.in to see the official website.
- Create a username and password to log in.
- Select the preferred lottery and plan from the available choices.
- Make the necessary online lottery registration payment.
- Buyers should be aware that the cost is determined by their income bracket.
- A mobile application has also been created by MHADA to assist candidates with registration. An individual can apply for the MHADA lottery 2024 after completing the registration process on the mobile app.