India, March 27 -- The Maharashtra Housing and Area Development Authority (MHADA) is expected to announce a lottery for 2,500 affordable homes in Mumbai by March 31, officials told Hindustan Times Real Estate.

According to officials, these homes will be located across various parts of the city.

"We are going to announce a lottery of 2,500 affordable homes in Mumbai in 10 days. The apartments will be available for sale in all income segments across the city," Milind Borikar, CEO, MHADA's Mumbai Board, had told Hindustan Times Real Estate earlier.

MHADA's annual lottery caters to a mix of economically weaker sections (EWS), lower-income groups (LIG), middle-income groups (MIG), and high-income groups (HIG). Under the EWS category, those ...