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Mhada's Major Decision: Five-Year Relief for Unsold Homes and Its Impact
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MHADA's Big Decision: Five-Year Resale Ban on Non-Lottery Homes!
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News18
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28-02-2026, 08:30
MHADA's Big Decision: Five-Year Resale Ban on Non-Lottery Homes!
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MHADA Mumbai Board offers 118 unsold vacant houses on a 'first-come, first-served' basis.
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Computer-based registration is ongoing, allowing direct purchase without a lottery.
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Eligibility conditions are relaxed, but a five-year resale ban and domicile certificate are mandatory.
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Houses cannot be sold for five years; violation may lead to confiscation.
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Sales begin March 4 via 'Book My Home' system; applicants must pay 10% within 48 hours or forfeit earnest money.
Read Full Article on News18 in Marathi
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