3,000 houses in next year’s lottery: Mhada | mumbai | Hindustan Times
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3,000 houses in next year’s lottery: Mhada

Homebuyers who weren’t lucky in Friday’s lottery for affordable houses need not lose hope. The Maharashtra housing and area development authority (Mhada) has announced the sale of around 3,000 low-cost houses for next year’s draw.

mumbai Updated: Jun 01, 2013 00:49 IST
HT Correspondent
HT Correspondent
Hindustan Times

Homebuyers who weren’t lucky in Friday’s lottery for affordable houses need not lose hope. The Maharashtra housing and area development authority (Mhada) has announced the sale of around 3,000 low-cost houses for next year’s draw.

While 1,000 houses will be located in Mumbai, the rest will be at Bolinj in Virar. “It is part of Mhada’s initiative to provide affordable houses,” said Satish Gawai, vice-president, Mhada.

And that’s not all. Mhada has also planned two more draws this year — for 2,454 houses at Virar during Diwali and 339 plots in the Konkan region in July.

The housing body received 87,647 applications for the 1,244 houses put on the block on Friday. “Mhada needs to fill the huge gap between demand and supply,” said activist Vinod Sampat.