A lottery will be held in March by the Mumbai Housing and Area Development Board (MHADB) to sell about 4,000 dwellings.
The housing department's representatives presented the specifics of the lottery draw on Friday. About 2,200 residences will make up the Pahadi neighbourhood of Goregaon West on the Link Road, and the remaining units will be spread out among Powai, Sion, Borivali, etc.
All four income tiers—Economically Weaker Section (EWS), Low Income Group (LIG), Middle Income Group (MIG), and High Income Group—will have access to the residences (HIG).
60% of 4,000 homes for economically weak and low income section
Sixty percent of the 4,000 homes that will be sold will fall into the EWS and LIG categories. The MIG and HIG will receive the remaining 40%.
The cost of the apartments in the EWS and LIG groups will be approximately ₹ 35 lakh and ₹ 45 lakh. Prices for MIG and HIG apartments have not yet been determined.
The sale of homes offered by private developers is expected to experience a temporary snag as a result of the lottery.
The applicant must present all required paperwork when applying for the residence, unlike in the past. A programme has been created to screen out applications that are ineligible and provide a final list of candidates. In the past, such documentation happened after the lottery results were made public.
After winning the lottery, the home winners must take possession of the flat and make the payment within 30-45 days. Earlier, it used to take at least 4-5 months to complete the payment and possession processes.
INCOME GROUP CLASSIFICATION
Economically Weaker Section: Up to ₹ 6 lakh per annum
Low Income Group: Up to ₹ 9 lakh per annum
Middle Income Group: Up to ₹ 12 lakh per annum
High Income Group: Above ₹ 12 lakh per annum
Steps to apply for MHADA home
1. Go to website for registration : www.mhada.gov.in/en
2. Create 'username'
3. Select specific lottery and scheme
4. Make online payment for lottery through netbanking
5. Lottery registration fees will depend on income group.
List of required documents:
Aadhaar card
Birth certificate
Domicile Certificate of Maharashtra
Eligible driving license
PAN card
Bank account details
Passport
School leaving Certificate
Voter ID Card
Eligibility to apply for lottery:
Must be 18 years old, children can't apply
Certificate of domicile
A candidate for a Low Income Group apartment must make between ₹ 25,001 and ₹ 50,000 per month.
An applicant for a Middle Income Group apartment must make between ₹ 50,001 and ₹ 75,000 per month.
A candidate for a High Income Group apartment must make at least ₹ 75,001 each month.
