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Bangalore-based Prestige Group to Lead INR 7000 Crore Housing Redevelopment in Bandra

Prestige Group, along with RC Group and Valor Estate, is launching a ₹7,000 crore redevelopment in Bandra, Mumbai, transforming 19 housing societies across four acres into modern residential complexes.

By Admin

  • 25th Dec 2024
  • 1139 Views
2025 Offers a Glimmer of Hope for Affordable Housing Buyers in MMR

To tackle housing demand and clear unsold inventory, MHADA’s Konkan Board has launched a bold campaign, bringing affordable homes closer to reality for MMR buyers. Here’s what it means for you.

By Admin

  • 8th Dec 2024
  • 1154 Views
Why the Disparity in MHADA Home Prices? Understanding the 2023 and 2024 Variations in Affordable Housing

The Maharashtra houses and Area Development Authority has long promised affordable houses. However, a recent decision has caused major changes in low-income property pricing between 2023 and 2024.

By Admin

  • 10th Oct 2024
  • 1197 Views
Exciting News for MHADA Lottery Applicants as Another 300 Homes to be Available in Early 2025

The Maharashtra Housing and Area Development Authority (MHADA) would increase application opportunities. In March and June 2025, the Mumbai Board will hold a lottery for 3,000 residences. Patrawala Chawl in Goregaon may provide 2,500 of these dwellings.

By Admin

  • 9th Oct 2024
  • 1185 Views
5 Reasons Why 2 Lakh New Flats in 3 Years Will Transform Mumbai and Pune's Housing Market

The government wants to develop 2 lakh homes in Mumbai and Pune within three years, transforming the housing markets. This ambitious plan seeks to eliminate Mumbai slums, increase MHADA lottery possibilities, and revive SRA projects.

By Admin

  • 3rd Sep 2024
  • 1219 Views
What Are The Key Challenges & Opportunities in Mumbai's Real Estate Redevelopment, and How Can Stakeholders Navigate Them Effectively?

Mumbai has growing urbanisation and a dense population, making real estate redevelopment both a solution and a difficulty. The city suffers legal, logistical, and regulatory challenges due to ageing infrastructure and decrepit homes. How can these be resolved?

By Admin

  • 19th Aug 2024
  • 1239 Views
MHADA to E-Auction Mumbai Non-Residential Shops on June 27, 2024

The MHADA Mumbai Housing and Area Development Board is set to hold an e-auction for the sale of 173 non-residential shops on June 27, 2024.

By Admin

  • 23rd Jun 2024
  • 1341 Views
MHADA Introduces Amnesty Scheme to Reduce Penalties for Plot Contract Violations

The Maharashtra Housing and Area Development Authority (MHADA) has reduced plot contract violation fines. MHADA's six-month amnesty policy includes this decrease. Under certain scenarios, the programme reduces offenders' penalty costs.

By Admin

  • 19th Mar 2024
  • 1416 Views
Roha Realty & Sabari Group Join Hands To Develop Real Estate Projects in Chembur Worth More Than INR 2000 Cr

Roha Realty and Sabari Group are partnering to revolutionise luxury living in Chembur with sustainable homes and modern facilities. This joint venture contains a 6 lakh sq-ft real estate project with a Rs 1000 crore revenue target. The project will begin in Q1 FY 24-25.

By Admin

  • 2nd Dec 2023
  • 1348 Views
Applications For 4083 Mhada Homes Across Mumbai Started Could You be a Lucky One?

This week, the Mhada Mumbai Board will begin collecting applications for its impending lottery for 4,083 apartments and tenements. The application deadline is June 26, 2023, and the draw is scheduled for July 18, 2023.

By Admin

  • 24th May 2023
  • 1438 Views
MHADA Plans Three Significant Redevelopment Projects in The Mumbai Neighbourhoods of Kalachowkie, Worli, and Bandra

The Maharashtra Housing & Area Development Authority (MHADA) has submitted proposals to the state government for three significant Mumbai redevelopment projects that are expected to impact the city's real estate market.

By Admin

  • 14th Feb 2023
  • 2104 Views
MHADA Will Hold a Lottery For More Than 4000 Affordable Homes in Mumbai in 2023

Since an interval of more than four years, the Maharashtra Housing and Area Development Authority (MHADA) is prepared to sell over 4,000 affordable apartments in Mumbai via lottery.

By Admin

  • 6th Jan 2023
  • 1658 Views
Mhada is Scheduled to Get 5000 Flats From Nashik Based Real Estate Developers

The Maharashtra Housing and Area Development Board (MHADB) is scheduled to get 5,000 dwelling units from 65 residential projects that developers had been unable to deliver to the board for over 10 years.

By Admin

  • 26th Apr 2022
  • 1427 Views
Three Thousand Brand New Homes Allotted Via Lottery Under MHADA Pune Housing Scheme 2021

The Maharashtra Housing and Area Development Authority (MHADA) finally held the lottery draw for the Pune Housing Scheme 2021, on July 2. The lottery draw was supposed to happen on June 29, 2021, but got delayed at the last moment.

By Admin

  • 27th Jul 2021
  • 1680 Views
Mhada To Have 4 Lakh Sqft Built-up Area in Siddharth Nagar Goregaon West Chawl Development

The state cabinet decided on 23rd June 2021 that the Maharashtra Housing Area Development Authority will now be incharge of the development of Siddharth Nagar (Patra Chawl) at Goregaon West.

By Admin

  • 24th Jun 2021
  • 1860 Views
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