Home / Mumbai / Mumbai News / Article / 22 Mumbaikars vie for three of MHADA's costliest homes

22 Mumbaikars vie for three of MHADA's costliest homes

Each of the Cumballa Hill flats cost upwards of R4 crore; this year MHADA has put 900 plus houses on the block for the lower income group

Listen to this article :

The Maharashtra Housing and Area Development Authority (MHADA) has received 22 registrations for the three costliest houses (each costs over Rs 4 crore) in its lottery, in the plush Cumballa Hill. However, nobody has yet paid the deposit amount for them. The agency has also received about 18,000 applications within a week of the announcement of its lottery, as the Lower Income Group has been allotted over 900 houses from the total 1,384 in the city. Last year, two of the most expensive houses of MHADA at Lower Parel, were sold at R1.9 crore each, but were eventually returned, and this year will again be part of the lottery. This time they have been priced at Rs 1.36 crore each.

More houses for lower strata
The last day to apply for the lottery is December 10, and it will take place on December 16. Last year, MHADA's Mumbai board lottery had received 63,864 applications for a total of 819 houses. As there was a good response for houses at affordable prices from the lower strata of the society, MHADA, this year, has over 900 houses for the Lower Income Group.

How do you like the new new mid-day.com experience? Share your feedback and help us improve.

Read Next Story
Mumbai: Kharghar locals want CIDCO rapped for wetland damage

Trending Stories

Latest Photoscta-pos

Latest VideosView All

Latest Web StoriesView All

Mid-Day FastView All

Advertisement