MHADA to hold draw of lots for only 24 homes on Aug 24

MHADA to hold draw of lots for only 24 homes on Aug 24

Written by Neeraj Tiwari
| Mumbai |

Revealed: July 1, 2020 11:00:41 pm


The MHADA, which supplies reasonably priced properties by holding a lottery, has witnessed a dip in its inventory in the previous couple of years. (File)

THE LOWEST since its formation, the Maharashtra Housing and Space Improvement Authority (MHADA) will maintain draw of tons for 24 homes on August 24.

The 24 homes have been equally divided into decrease revenue and center revenue teams. The LIG properties value between Rs 13.47 and Rs 14.05 lakh, whereas MIG properties value between Rs 20.23 and Rs 20.24 lakh. Functions are being accepted until July 30.

Beneath LIG, an applicant will need to have a month-to-month revenue between Rs 25,001 and 50,000, whereas for MIG, the factors is between Rs 50,001 and Rs 75,000.

A senior officer from the MHADA stated at current, it didn’t have the specified housing inventory to conduct a bigger lottery. The Covid-19 pandemic delivered to a halt the development of homes homes imagined to be accomplished this yr.

The MHADA, which supplies reasonably priced properties by holding a lottery, has witnessed a dip in its inventory in the previous couple of years. Within the final lottery of its Mumbai Board, held in June, solely 217 homes have been up for grabs. Over 66,000 individuals had utilized for it. In2018, the MHADA had acquired 1.64 lakh purposes for 1,395 homes. Whereas in 2017 multiple lakh purposes have been acquired for 819 homes, in 2016, too, over a lakh individuals utilized for 910 homes.

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