2012 MHADA Lottery for low cost Bandra flats in Mumbai Maharashtra


Get a MHADA flat in Bandra for less than Rs.30 lakh! This article gives information on the proposed lottery for MHADA flats in MIG Colony, Bandra at Mumbai, Maharashtra for middle-income groups.

At year-end, the Maharashtra Housing Authority and Development Authority (MHADA) has cleared a proposal to sell low cost flats in the MIG Colony in Bandra after redevelopment.

These flats will be available to middle-income group buyers through the MHADA flats lottery system probably in 2012.

Features of MHADA Lottery for MIG Colony Bandra flats in Mumbai


80 to 100 flats of 9 buildings in the MIG Colony, Bandra will be acquired by MHADA to be sold through a lottery system to potential buyers.
MHADA Bandra low cost flats Rates: in the range of Rs 4,100/- Rs 4,500/- per square foot (existing market price of these flats is from Rs 15,000/- to Rs 18,000/- per square foot).

MHADA Bandra low cost flats area: the flats' size range from 600-800 square feet.

This means that a family from the middle-income group can get a flat in a prime location for approx. Rs. 25lakh!

Important latest update: The rates of MHADA flats have been revised. Please read: Revised rates of MHADA flats

Click here to know how to apply for MHADA flats: MHADA flats application process

Reference: http://www.maharashtraspider.com/bookmarks/118-Official-MHADA-Website-Maharashtra.aspx


Comments

Guest Author: Ronita25 Feb 2012

Want to apply for Bandra East MIG Colony Mhada in MIG Group. Please let me know the dates for online application.



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