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Home / Business and Economy / MHADA Lottery Delayed: 2.15 Lakh Applicants Await Draw

MHADA Lottery Delayed: 2.15 Lakh Applicants Await Draw

15 Dec

•

Summary

  • MHADA lottery for 4,168 flats postponed, now expected Dec 16-17.
  • Record 2.15 lakh applications received, causing extended verification.
  • MHADA collected INR 446.97 crore from application fees and deposits.
MHADA Lottery Delayed: 2.15 Lakh Applicants Await Draw

The draw for 4,168 MHADA lottery flats has been postponed, with officials now aiming for December 16 or 17. This delay stems from the extensive verification required for a record 2.15 lakh applications received for the lottery. MHADA is nearing the completion of document scrutiny, with final draw date announcements to follow.

The application period, which began in September, saw its deadline extended twice due to high demand, finally closing on November 30. The housing authority has amassed INR 446.97 crore from application fees and earnest money deposits. MHADA is also preparing to request permission from the State Election Commission to conduct the draw, anticipating potential enforcement of the model code of conduct.

The lottery encompasses housing projects across Pune, Pimpri, Sangli, and Solapur districts, featuring sought-after 2-BHK and 3-BHK flats in Wakad. The area's proximity to Hinjewadi's IT hub makes it a prime location for affordable housing aspirants.

Disclaimer: This story has been auto-aggregated and auto-summarised by a computer program. This story has not been edited or created by the Feedzop team.
The MHADA lottery draw for 4,168 flats has been postponed and is now expected to be held on December 16 or 17.
A record 2.15 lakh applications were received for the MHADA lottery, leading to an extended verification process.
MHADA has collected INR 446.97 crore from application fees and earnest money deposits for the lottery.

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