MHADA reduces prices by 10-25% on 370 apartments
Real Estate

MHADA reduces prices by 10-25% on 370 apartments

The Maharashtra Housing and Area Development Authority (MHADA) announced a price reduction of 10% to 25% on 370 apartments available through its Mumbai Board Lottery. The reduction applies to homes acquired through redevelopment projects under DCR 33(5), 33(7), and 58, making them more affordable for buyers.

In addition, MHADA has extended the deadline for online application submissions to September 19, 2024. Sanjeev Jaiswal (IAS), Vice President and CEO, MHADA stated, "MHADA has implemented the IHLMS 2.0, a transparent online lottery system for apartment sales, covering every step from registration to possession." (ET)

The Maharashtra Housing and Area Development Authority (MHADA) announced a price reduction of 10% to 25% on 370 apartments available through its Mumbai Board Lottery. The reduction applies to homes acquired through redevelopment projects under DCR 33(5), 33(7), and 58, making them more affordable for buyers. In addition, MHADA has extended the deadline for online application submissions to September 19, 2024. Sanjeev Jaiswal (IAS), Vice President and CEO, MHADA stated, MHADA has implemented the IHLMS 2.0, a transparent online lottery system for apartment sales, covering every step from registration to possession. (ET)

Next Story
Infrastructure Urban

Kala Ghoda Boutique Redefines Compact Retail Design

Located in Kala Ghoda, Noir Éclat, an 80 sq ft jewellery boutique by Mint Leaf Design, showcases how compact retail spaces can deliver a high-impact experience. Designed as a ‘jewel box’, the boutique blends Parisian-inspired aesthetics with a monochrome palette of black and white, highlighted by fuchsia accents that add a distinctive visual identity. The design leverages vertical space to overcome size constraints, featuring sculptural wall-mounted busts arranged in grids that transform product displays into artistic installations. Carefully planned lighting enhances depth and creates a..

Next Story
Infrastructure Urban

Kala Ghoda Boutique Redefines Compact Retail Design

Located in Kala Ghoda, Noir Éclat, an 80 sq ft jewellery boutique by Mint Leaf Design, showcases how compact retail spaces can deliver a high-impact experience. Designed as a ‘jewel box’, the boutique blends Parisian-inspired aesthetics with a monochrome palette of black and white, highlighted by fuchsia accents that add a distinctive visual identity. The design leverages vertical space to overcome size constraints, featuring sculptural wall-mounted busts arranged in grids that transform product displays into artistic installations. Carefully planned lighting enhances depth and creates a..

Next Story
Real Estate

Mahagun Group Secures Rs 2.25 Billion Funding

Mahagun Group has secured Rs 2.25 billion in funding from CSL Finance Limited, reinforcing its financial position and giving added momentum to project execution across its portfolio.The development comes after the Group recently completed the closure of Rs 6.5 billion debt for its Mahagun Medalleo project. It repaid Rs 3.1 billion in principal and around Rs 3.4 billion in interest, reflecting a disciplined financial approach and a consistent record of meeting obligations.The Group said its financial position is supported by strong internal accruals, healthy collections, and a robust base of so..

Advertisement

Subscribe to Our Newsletter

Get daily newsletters around different themes from Construction world.

STAY CONNECTED

Advertisement

Advertisement

Advertisement