MHADA Lottery 2024: Affordable Homes in Prime Mumbai Locations

The Maharashtra Housing and Area Development Authority (MHADA) is set to launch a lottery for nearly 2,030 affordable homes in prime locations in Mumbai in September. The advertisement for the housing scheme will be published on August 8, with the lottery draw scheduled for September 13 at 11 am.

The homes will be available in locations such as Malad, Powai, Vikhroli, Goregaon, and Wadala. The majority of the flats are in the middle-income group (MIG) category, with 768 units out of 2,030 available. The lower income group (LIG) follows with 627 apartments, while the Economic Weaker Section (EWS) and Higher Income Group (HIG) have 359 and 276 units, respectively.

Apartment sizes vary by category: 2 BHK units are primarily in the MIG category, while 1 BHK units are available under LIG and EWS. The largest 3 BHK apartments fall under the HIG category. Pricing varies by location and will be announced on August 8, after the MHADA advertisement is published. However, prices in the EWS category typically start from around ₹30 lakh, while the highest prices are expected for the 3 BHK apartments under the HIG category, potentially exceeding ₹1 crore.

To be eligible, buyers must meet specific income requirements:

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EWS:

Family income up to ₹6 lakh per annum
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LIG:

Family income between ₹6 lakh and ₹9 lakh per annum
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MIG:

Family income between ₹9 lakh and ₹12 lakh per annum
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HIG:

Family income above ₹12 lakh per annum

The annual income of a husband and wife is considered family income for the lottery. Income from parents or siblings is not included.

The application process for the MHADA lottery 2024 is entirely online. Applicants can track updates on the MHADA official website at housing.mhada.gov.in or through the MHADA mobile application. Once registered, individuals can apply for the lottery.

MHADA officials have also confirmed that there will be a limited number of homes in the higher income group (HIG) category, including some premium 3 BHK apartments in Goregaon.

Stay tuned for further details and the official pricing list, which will be released with the advertisement on August 8.

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