MHADA Commercial Shops Lottery 2017 Mumbai Apply Online, Last Date, MHADA Shop Lottery in South Mumbai (SOBO) IN Pratiksha Nagar Sion, Chembur, Goregaon and Dahisar and Malad with Andheri East.
Many of our readers must be aware of the name MHADA. This word is fully expanded as the Maharashtra Housing and Area Development Authority. For the accurate information, we must state that this authority is a government organization fully owned by the state government of Maharashtra. This authority was established by the state government of Maharashtra in the year 1977. The objective of the state government to frame this authority was to construct and sell the low-cost homes in various parts of the state. These homes were constructed by this authority mainly for the low and middle income groups of the state. Since the establishment of this authority, it has constructed and sold many of the houses in the urban and semi – urban areas of the state.
MHADA Commercial Shops Lottery 2017
Scheme Name – MHADA Commercial Shops Lottery 2017 Scheme
Place – South Mumbai
Shops Distributed – 250 Only
Starting Date of Lottery – 2017
Last Date for Apply MHADA Commercial Shops Scheme – 2017
As MHADA is specialized in selling and constructing low – cost homes in the state but for this year i.e. 2017, they have some different plans. For this new year, they decided to put up the commercial shops on sale. This is not a new thing for MHADA as in the 2010 also MHADA constructed and sold the shops in the state. In 2010, MHADA auctioned about 168 shops in which almost 99 shops were located in Pratiksha Nagar in Sion whereas the remaining ones were located in the different places of the state such as Chembur, Goregaon, Malad, Dahisar and some in Andheri areas. At that time these shops were sold at Rs. 5.28 lakh for 65 square feet shop and Rs. 23 lakh was charged for the shop of 286 square feet in the areas of Andheri East.
MHADA Commercial Shops Lottery Scheme 2017
For the year 2017 also MHADA is planning to sell the commercial shops within few weeks. As per the latest info it comes in front that this time MHADA is selling around 250 commercial shops in the state. Among these 250 shops majority of the shops are located in the South Mumbai and some of these shops are located in the eastern and western suburbs of the state. These shops will be sold by a lottery system, as they sell the flats. For these commercial shops, also the interested candidates will have to apply for this lottery and then through a lottery the winners name will be disclosed. As the recent survey also states that the authority is expecting to generate the price between Rs. 50 crore and Rs. 100 crore in the revenue by selling up these 250 commercial shops.
The details for this commercial shops lottery will soon be stated by MHADA on their official website. And will also be revealed through various media outlets. By now the dates for applying for this lottery and the date for the result for this lottery will also be mentioned on the official web link of Maharashtra Housing and Area Development Authority. All the willing candidates must keep in touch with the official link to get the regular updates. Moreover, they are also planning for constructing and selling around 4000 houses for the lower income group and middle income groups, this year. So, stay tuned with us for regular updates.
Related Topic – MHADA Lottery 2017 Mumbai