MHADA Lottery 2018– Good news for the resident of Mumbai who are living in Mhada colonies. Mhada is going to start redevelopment project in Mumbai. According to the planning, Mhada will redevelop its 56 old colonies where about 80,000 families are living right now.
MHADA Lottery 2018
Besides, Mhada will also construct 15,000 more houses for people. However, this redevelopment project was stuck for the last 7 years due to the dispute between developers and MHADA. But finally, Mhada has given green signal for this redevelopment project.
MHADA will redevelop these old colonies on the lines of BDD Chawl redevelopment. In order to complete this project, the will soon release a tender for private developers. It is expected that Mhada will reserve this 15,000 houses to announced its next MHADA Lottery.
As per the information, 55 layouts have been approved in the BMC and 15 layouts have got Letter of Intent (LOI). In order to give progress in Mhada redevelopment project and it has also demand special planning authority. After the completion of this project, Mhada will get 15,000 more hoses and 80,000 people will get their new houses.