Maharashtra Housing and Area Development Authority (MHADA) was established under the Maharashtra Housing and Area Development Act, 1976, to provide low-cost houses for various societal segments through a lottery system. The prime objective of MHADA is to make housing affordable for all economic sections of the society, especially those in the low-income group (LIG) and economically weaker sections (EWS). The MHADA helps people to own houses in renowned locations of Mumbai at a much lower cost than other private builders. Those eligible for the lottery system can get easy financing…
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