Mhada

affordable-MHADA-schemes

MHADA – 20% reservation for affordable housing

Any development of layout exceeding an area of 4000 sqm will require a reservation of 20% of the built-up area for EWS (economic weaker section) and LIG (low income group) households. Incentive FSI of 20% will be provided to the developer and tenements will be handed over to MHADA at the ready reckoner rate. There is an amendment by Urban Development Department that the builder now need not have to...

What is MHADA Lottery Scheme in Mumbai?

Every individual dreams of owning a house, but the expenses usually become a hindrance. To alleviate this issue, the Government has launched several schemes under Pradhan Mantri Awas Yojna. Mhada Units in Wakad, Pune The MHADA lottery scheme is a part of this initiative that aims to provide affordable housing facilities to impoverished units of the state. Keep scrolling to learn about this...

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