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MHADA Lottery: Good News for Homebuyers in Mumbai as Draw Set to be Announced Before Diwali

There is good news for home buyers in Mumbai.

Siddhi Naringrekar

There is good news for those buying houses in Mumbai. Now the MHADA lottery will be held before Diwali. This year too, a big lottery will be held before Diwali and MHADA CEO and Vice Chairman Sanjeev Jaiswal has informed that a lottery of about 5 thousand houses will be held in Mumbai.

MHADA has set a target of constructing 19,497 houses in the state, including Mumbai, in the next year, and it is being reported that 5199 houses will be constructed in Mumbai.

Along with this, it is proposed to construct 5199 flats in the coming financial year under the Mumbai board of MHADA. For this, a provision of Rs 5749.49 crore has been made in the budget for the year 2025-2026.

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