1,500 low-cost homes near Mumbai will be up for sale shortly in a lottery, says Maharashtra Housing Authority

 

The homes are likely to go on sale next month in Mumbai’s satellite cities, including Navi Mumbai, Thane, Virar, Kalyan and Dombivali.

 

Fifteen-hundred low-cost homes are likely to go on sale next month in Mumbai’s satellite cities, including Navi Mumbai, Thane, Virar, Kalyan and Dombivali. The sale will also include homes under the affordable housing scheme Pradhan Mantri Awas Yojana (PMAY), for which citizens can avail a credit-linked subsidy.

 

All the houses will be up for sale via an online lottery system for the economically weaker and low-income-group category, confirmed the Maharashtra Housing and Area Development Authority (MHADA) on Thursday.

 

According to MHADA, the area and costing of the houses is yet to be worked out. “We are going to send a proposal to the state government on selling around 1,500 houses via an online lottery system. These houses are located in areas like Thane, Navi Mumbai, Kalyan, Dombivali and Virar etc," said Nitin Mahajan, Chief Officer of MHADA's Konkan Board.