In Brief
A golden opportunity once again from MHADA for those dreaming of living in Mumbai.
MHADA will now sell about 100 houses on a 'first come, first served' basis.
MHADA houses always receive a great response as they are cheaper compared to private projects.
( Mumbai Mhada Lottery) A golden opportunity has been given once again by MHADA for those dreaming of living in Mumbai. MHADA will now sell about 100 houses on a 'first come, first served' basis.
These houses are located in upscale areas of Mumbai such as Dadar, Tardeo, Powai, and Tunga, and will include houses that were not sold in three previous lotteries. An official advertisement will be released soon for this.
MHADA houses always receive a great response as they are cheaper compared to private projects. However, this time, as the prices of the houses are in crores of rupees, the question arises whether they will be affordable for the common citizens. For example, the price of some houses in Tardeo was previously seven and a half crores, which was later reduced. Currently, this new MHADA scheme could be a great opportunity for those wishing to buy a house in Mumbai, but affordability will be the biggest challenge.