February 25, 2016 10:30 am

Lottery results for 4,275 MHADA homes in MMR

Posted in Featured, Mumbai, Property News, Real estate, Thane By Admin February 25, 2016 10:30 am

MHADA, the apex public body constituted under the MHADA Act, was established in 1977 under the Housing Department Government of Maharashtra with a comprehensive approach to housing problem in the state. Every year, MHADA conducts a lottery under Konkan Housing and Area Development Board.

The result for the most recent lottery will be declared at Rang Sharda Auditorium in Bandra and will release 183 flats in Thane, 310 in Mira Road and 3,755 in Virar. 27 flats in Vengurla are also on MHADA’s list.

These flats range from Rs 4.37 lakh and go upto Rs 40.93 lakh. The apartments measure between 368 sq feet and 670 sq feet.

MHADA had received a great response from home buyers for this lottery when it was announced. Around 1, 34,124 people have applied for 4,275 homes in the three destinations in the Mumbai Metropolitan Region. This highlights the demand for and requirement of affordable homes in Mumbai.

Check the results on www.mhada.maharashtra.gov.in