The Maharashtra Housing and Area Development Authority scheme allows people to buy properties in Pune and Mumbai at a reasonable cost. It mainly aims to give the Economically Weaker Sections (EWS), Middle Income Group (MIG), Low Income Group (LIG), and High Income Group (HIG) affordable housing. The MHADA lottery flat price also depends on these categories. I came to know about this information recently. Let me share all the details I know about it here.
What is the MHADA lottery flat cost?
The MHADA lottery cost of the flats will depend on the type of income the individual has. It is not the same for everyone. So let me share MHADA lottery room price here. The cost of a house under the MHADA lottery 2023 in Mumbai will start at Rs 24.71 lakh, and the most expensive one will be available for Rs 4 crore and Rs 38 lakh. There will be 4,083 homes available in total out of which
2788 will be for the lower income category
132 for the mid-income category
38 for the high-income category
102 scattered houses for all income groups
These are the MHADA lottery home prices I have received updates about. I will suggest you keep an eye on
MHADA’s official website
to get all the latest details.
What are the eligibility criteria for applying for the MHADA lottery?There are certain rules that need to be followed before applying for the MHADA lottery. So after knowing the MHADA lottery price, learn here about the eligibility criteria-
An applicant should be at least 18 years of age
He/she must have a domicile certificate to prove their residency in Maharashtra for 15 years
The applicant should have a steady income and a PAN card. People from each category should have their income within the given range that is-
| Category | Income Range |
Middle-Income Group (MIG) flats |
₹50,001 to ₹75,000 |
Economically Weaker Section (EWS) flats |
Up to ₹25,000 |
Lower-Income Group (LIG) flats |
₹25,001 to ₹50,000 |
High-Income Group (HIG) flats |
₹75,001 and above |
I hope the MHADA lottery flat price is now clear to you.
Get your MHADA property documents verified by NoBroker’s legal team
Read More:What are the documents required for MHADA Lottery 2022-2023 in Mumbai?
Is MHADA launching affordable housing scheme in May 2021 in Mumbai?
What if i bought the Mhada room before lock-in period?
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Authors Of The Question
What is the price of MHADA lottery 2023 flat in Mumbai?
Kunal Pandey
823Views
1 Year
2023-06-05T10:33:58+00:00 2023-06-05T10:38:36+00:00Comment
1 Answers
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