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Mhada

Home aspirants of MHADA draw may have to wait for two years

Home aspirants of MHADA draw may have to wait for two years
The home buyers who have applied for the next year’s draw of lots by the Maharashtra Housing and Area Development Authority (MHADA) may have to wait for two years to get possession of the homes. In the course of its annual lottery, senior MHADA officials announced that they would be releasing a total of 4,272 [...] Continue Reading »

Redevelopment projects are happening on a high pace in Mumbai

Redevelopment projects are happening on a high pace in Mumbai
As the availability of open land in Mumbai became limited, most of the builders in the city are looking at investing in redevelopment projects in Mumbai. According to real estate analysts, the growth of real estate, particularly the fresh supply of apartments, depends on the redevelopment projects as the amount of unoccupied land is very [...] Continue Reading »

MHADA Lottery 2010 winners still waiting for possession

MHADA Lottery 2010 winners still waiting for possession
Maharashtra Housing and Area Development Authority (MHADA) had conducted MHADA lottery in 2010 to sell its flats, but the lottery winners haven’t got their flats yet. It was the third time MHADA conducted the lottery scheme in order to allot flats in Mankhurd-Mandale belt. Since then, around 3000 lottery winners are still waiting to shift [...] Continue Reading »

Apartments to be constructed by MHADA in a joint venture with builders

Apartments to be constructed by MHADA in a joint venture with builders
Maharashtra Housing and Area Development Authority (MHADA) has planned for a joint venture with private developers to construct residential apartments in Mumbai. MHADA took this decision, as the cost of the properties are rising beyond the reach of the common man and there is a huge difference between demand and supply of residential apartments in [...] Continue Reading »

Online Lottery System of MHADA Fails to Work

Online Lottery System of MHADA Fails to Work
The Maharashtra Housing and Area Development Authority (MHADA) has started its online lottery system, which failed to work on the very first day. The website itself was not working leading the applicants to panic. MHADA planned to conduct a lottery system to distribute 2593 flats, among which 172 flats belong to high-income category whereas the [...] Continue Reading »

Two labourers killed at repairing building

Two labourers killed at repairing building
MHADA started repairing the cessed Laxmi apartment in Byculla. A part of the under repairing building has collapsed and two labourers were killed in the incident. According to the fire brigade department, the Laxmi apartment on N M Joshi Road is more than 50 years old. It is a four storey building which was being [...] Continue Reading »

Industrial development in Nashik is growing

Industrial development in Nashik is growing
As the real estate development and industrialization has reached to its saturation level in Mumbai and Pune, the  industrial development in Nashik has started to speed up. The housing schemes of the Cidco (City and Industrial Development Corporation) of Maharashtra and the Maharashtra Housing and Area Development Authority (MHADA) also helps in the growth of [...] Continue Reading »

Affordable flats are less in Mumbai

Affordable flats are less in Mumbai
Only few thousand affordable flats are released by the Maharashtra Housing and Area Development Authority (MHADA). There are millions of people looking for their own houses in Mumbai. The annual lottery scheme by the housing board is delayed in this year, along with the number of houses available in Mumbai is almost a fifth of [...] Continue Reading »

Houses in Maharashtra are no more affordable

Houses in Maharashtra are no more affordable
The Maharashtra Housing and Area Development Authority (MHADA) are constructing the affordable houses in Mumbai region for the last six decades. MHADA will announce the the sale prices for the houses this year. However the listed prices are beyond the reach of low and middle income group. The tentative cost for the houses for Economically [...] Continue Reading »

MHADA will distribute 3000 affordable homes

MHADA will distribute 3000 affordable homes
The Maharashtra Housing and Area Development Authority (MHADA) has planned to sale 3,000 affordable houses in the market this year. Among the 3000 flats, 2674 flats will be distributed among low income groups, while 174 are made for higher income group. The remaining flats are kept for middle income group. The application forms will be [...] Continue Reading »



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