India, March 5 -- The Maharashtra Housing and Area Development Authority (MHADA) is expected to announce the lottery for affordable homes in Mumbai by March 31, Sanjeev Jaiswal, Vice President and CEO of MHADA, told reporters on March 5.
While Jaiswal did not mention the number of homes to be put on the market, it is expected to be around 5,000 affordable homes.
Jaiswal was speaking to reporters on the sidelines of launching a mobile app DigiMHADA. According to MHADA officials, around half of the total units will come up for sale in the Goregaon area of Mumbai.
The MHADA lottery will cater to a mix of economically weaker sections (EWS), lower-income groups (LIG), middle-income groups (MIG), and high-income groups (HIG) across several l...
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