Mumbai MHADA lottery 2016: All that you need to know

Registrations begin January 13 (Wednesday); draw will be held on February 24.

MHADA will put on sale over 400 flats in Mumbai Metropolitan region on Jan 13; lottery will be held on Feb 24. Pic courtsey@DNA

Mumbai: Your dream to own a house in Mumbai may come true soon as Maharashtra Housing and Area Development Authority (MHADA) is all set to begin sale of thousands of low-cost homes in the Mumbai Metropolitan Region (MMR).

MHADA LOTTERY 2016

Number of flats: 4,275

Location: 183 flats in Thane (164 in Kavesar, 19 in Balkum), Mira Road (310), Virar (3,755), Vengurla (27)

Price: Houses suiting all pockets will be available – they are priced between Rs4.37 lakh and Rs40.93 lakh

Size: The size for the low income flat is around 368 sq feet while that of the middle income flat is approximately 670 sq feet.

How to book:

Register online starting January 13 (Wednesday)

Earnest money of Rs 5,300 Rs 10,300 to be paid for low income, middle income house at the time of booking.

Lottery will be held on February 24 at Rangsharada auditorium in Bandra

MHADA will hand over the flats to by April

Any house on sale in Mumbai?

MHADA will hold a separate lottery for sale of 1,700 to 1,800 houses within Mumbai.