Maharashtra Housing and Area Development Authority has rolled out
schemes that provide the residents of the state access to affordable
houses conveniently. The MHADA
lottery is one such housing scheme that offers over 1350 low-cost
residential properties to the eligible applicants based on their
per the outcome of the maharashtra
result, the authority will hand over 126 flats to LIG (low-income
group) applicants, 201 allotted to MIG (middle-income group) and 194
units to HIG (high-income group). Applicants can easily avail a home
to meet the financial requirements to purchase such affordable
housing solutions. It is similar to the RERA Maharashtra scheme, the
only difference being the basic eligibility criteria.
Criteria For This Lottery Scheme
must be above 18 years of age
should be a resident of Maharashtra
card is needed
must be a salaried professional
that, an individual cannot apply for the Maharashtra
Lottery scheme if he/she is already a beneficiary of any other Indian
government housing schemes. Eligible income slabs to avail this
can apply for LIG flats if the monthly income is within Rs.
are eligible for MIG flats provided your monthly income is between
the applicant’s monthly income is over Rs. 75000, he/she can apply
for HIG flats.
that you need to know of the MHADA lottery
and the eligibility criteria to benefit from this scheme.