NEW DELHI: Maharashtra Housing and Area Development Authority (MHADA) has made a price reduction of 10% to 25% on 370 houses available through its Mumbai Board Lottery, it informed in a press conference.
The 370 apartments, which were acquired through redevelopment projects under DCR 33(5), 33(7), and 58, will now be available at significantly reduced prices.
The deadline for online application submissions has also been extended until September 19, 2024.
Sanjeev Jaiswal (IAS), vice president and CEO, MHADA said, “MHADA has implemented the IHLMS 2.0, a transparent online lottery system for apartment sales. This system covers everything from registration to possession of the apartment.”
Milind Borikar, chief officer of Mumbai Board and Milind Shambharkar, chief officer of the Mumbai building repairs and reconstruction board were also present during the conference.
