The Maharashtra Housing and Area Development Authority or MHADA is a non-profit organisation established in 1948. This organisation extends affordable housing to the weaker section of society via the MHADA lottery scheme.
This scheme caters to various income groups such as the Economically Weaker Sections (EWS), Middle Income Group (MIG), Low Income Group (LIG), and High Income Group (HIG).
This scheme allows individuals to purchase properties in the most sought localities of Pune and Mumbai at a feasible cost. The prices of the flats under the MHADA lottery 2021 are way lower than those offered by private builders.
Nevertheless, interested individuals should keep a tab over the updates regarding the MHADA lottery to streamline the application.