MHADA lottery 2023: 5.3K affordable homes between Rs 9-49 lakh on sale near Mumbai

The homes will be between 258 to 667 sq ft carpet area. The cheapest apartments, for Rs 9.89 lakh, will be in Vasai and measure around 258 sq ft, according to the list updated by MHADA.

For the second time in 2023, the Konkan board of Maharashtra Housing and Area Development Authority (MHADA) has announced a lottery for the sale of 5,311 affordable homes in satellite towns near Mumbai, including Thane, Palghar, and Raigad district. The homes will be in the range of Rs 9 to 49 lakh.

Of these, over 1,000 homes are being sold under the Pradhan Mantri Aawas Yojana (PMAY). The union government has capped the family income to qualify for benefits under the EWS (economically weaker section) category from Rs 3 to Rs 6 lakh. Owing to this, MHADA expects a surge in the number of applications under this category.

"People can submit their applications until October 16, 2023. The lottery results will be announced on November 7," informed Sanjeev Jaiswal, Chief Executive Officer and Vice President of MHADA.

Locations

According to a list published by MHADA, these affordable homes will be in micro-markets near Mumbai, like Vasai, Virar, Titwala, Thane, Kalyan, Mumbra, etc.

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Size and price

The homes  will be between 258 to 667 sq ft carpet area. The cheapest apartments, for Rs 9.89 lakh, will be in Vasai and measure around 258 sq ft. The costliest, priced at Rs 49.81 lakh and measuring around 667 sq ft,  will be in Virar, according to MHADA. Several of the apartments on sale  are in projects that are under-construction.

The registration process for the lottery is completely online, and available on https://housing.mhada.gov.in/

Also read: MHADA Pune lottery: 5.8k affordable homes in Rs 5 lakh-Rs 1.11 crore range put on sale

Pune and Mumbai lottery

This comes just days after results for the Mumbai MHADA lottery, 2023, were announced last month, in August. Further, the MHADA's Pune board also announced the sale of 5,863 affordable homes in Pune, Solapur, Sangli,  and Kolhapur on September 6, 2023, via lottery.

The apartments being sold are in the range of Rs 5 lakh to 1.11 crore. Of the 5,863 affordable homes, 2,445 will be sold on a first-come, first-served basis. The last date for applying for this is September 27.

Also read: MHADA lottery 2023: BJP MLA backs out from buying Rs 7.57 crore south Mumbai flat

The apartments are available in configurations of 1 RK, 1 BHK, 2 BHK, and 3 BHK. The smallest apartment is 204 sq ft carpet area, and the biggest 1,087 sq ft. The cheapest apartment is in Kagal, a town in Kolhapur district. It’s around 312 sq ft carpet, and is worth Rs 5 lakh.