MHADA Offers 5,285 Flats, 77 Plots Via Online Lottery

15 Jul 2025 CW Team

A total of 5,285 flats and 77 plots will be offered through a lottery draw by the Konkan Board of the Maharashtra Housing and Area Development Authority (MHADA) across Vasai, Thane, Kulgaon, Badlapur, and Sindhudurg. The computerised lottery will be held at Dr Kashinath Ghanekar Auditorium in Thane on 3 September, following a 'Go-Live' ceremony scheduled for Monday.

Online registrations and applications will open at 1pm on Monday. The housing options are divided into several schemes: 565 flats under the 20 per cent Inclusive Housing Scheme, 3,002 flats under the 15 per cent Integrated Urban Housing Scheme, 1,677 flats under the Konkan Board Housing Scheme and scattered inventory, and 51 affordable flats under a 50 per cent subsidised scheme. Additionally, 77 residential plots will be offered under the Konkan Board Housing Scheme.

The deadline for online applications is 13 August (11:59pm), with the last date for earnest money payment being 14 August (11:59pm). MHADA will release a draft list of eligible applicants by 6pm on 21 August. Objections can be raised until 6pm on 25 August, and the final list will be published on 1 September.

Officials stressed that the entire lottery process is conducted online and is fully transparent. No agents, brokers, or consultants have been authorised, and applicants are advised not to trust third-party intermediaries. For assistance, applicants may contact the helpline at 022-69468100.

Infrastructure Urban

30 May 2026

Panasonic Showcases Connected Display Solutions

Panasonic Life Solutions India showcased its integrated display, projection, broadcast and communication technologies at Panasonic Tech Summit 2026 in New Delhi. Hosted through its System Solutions Division, the two-day event highlighted connected technology solutions for education, healthcare, retail, transportation, corporate offices and entertainment.The summit, themed ‘Turning Technology into Value’, featured experience-led zones covering QSR, retail, transit, corporate offices, healthcare, education, security, projection, home theatre and professional displays. Panasonic also introduc..

Kapsch to Deliver India’s First C-ITS Project

"Kapsch TrafficCom will deliver India’s first Cooperative Intelligent Transport Systems project on a key expressway near New Delhi. The project will be implemented with Superwave Communication And Infrasolution Limited to demonstrate how connected mobility can improve road safety and traffic efficiency.The pilot will use real-time connectivity and AI-enabled situational awareness to support road users, especially in high-risk areas such as temporary work zones. Drivers will receive alerts on roadworks, maintenance vehicles, hazardous locations, traffic queues and temporary virtual signage di..

Eurobond Net Profit Rises 44 Per Cent

Euro Panel Products, the parent company of Eurobond, reported a 44.13 per cent year-on-year rise in net profit for FY25–26. The company’s revenue from operations grew 18.91 per cent to Rs 503.20 crore, compared to Rs 423.18 crore in the previous financial year.The company’s full-year EBITDA stood at Rs 56.67 crore, marking a 31.82 per cent increase. Profit after tax rose to Rs 26.56 crore, while net worth increased 20.15 per cent to Rs 160.07 crore. Earnings per share for the year stood at Rs 10.84.Divyam Rajesh Shah, Whole Time Director and CFO, Euro Panel Products, said the company’s..