Real Estate News
MHADA Lottery 2026: Deadline Extended to May 14, Draw on June 5
The Maharashtra Housing and Area Development Authority (MHADA) lottery 2026 application deadline has been extended to May 14, 2026, the state housing authority stated on April 28.
In March 2026, the MHADA announced a lottery for 2,640 inexpensive dwellings in the Mumbai real estate market. According to data from the MHADA website, 1,762 flats, or approximately 66%, are now under construction.
The MHADA has advertised its most expensive flat in Tardeo, South Mumbai, under the High Income Group (HIG) category, priced at ₹6.82 crore. The most affordable unit for the Economically Weaker Section (EWS) is located in Mankhurd and costs more than ₹29 lakh.
MHADA data shows four flats priced above ₹6 crore, with two being in Crescent Tower, Tardeo. The lottery offers two units, one size 1,520 sq ft at ₹6.77 crore and the other measuring 1,838 sq ft at ₹6.82 crore, making it the most costly option.
The MHADA Lottery 2026 features apartments in numerous Mumbai neighborhoods, including Vikhroli, Goregaon, Borivali, Gorai, Chembur, Bandra, Ghatkopar, Wadala, Powai, and Dadar, among others.
Revised schedule
According to the MHADA, the amended schedule announced by its Mumbai Board allows online applications until 11:59 p.m. on May 14, 2026. Applicants can pay their earnest money deposit (EMD) online until 11:59 p.m. on May 15, 2026, and RTGS/NEFT payments will be accepted until banking hours on the same day.
MHADA further stated that the tentative list of received applications will be published on May 22, 2026, at 3:00 pm on its official website, https://housing.mhada.gov.in
MHADA stated that applicants may submit online claims and objections until 3:00 p.m. on May 25, 2026. The final list of accepted applications will be announced at 3:00 p.m. on May 29, 2026, with the computerized lottery draw for flat allotment set for June 5, 2026.
Over 50 MHADA flats will be given under the first-come, first-served plan.
In February 2026, MHADA offered 118 apartments under its First-Come, First-Served (FCFS) program, 64 of which were sold, while the remaining units drew little interest. To increase demand, the authority intends to offer these unsold properties at a discount.
MHADA is proposing a 10%-20% price cut for more than 50 unsold flats. “We want to cut prices by 10% to 20% for flats that remain unsold under the FCFS scheme. Around 64 units are currently unsold; this is an estimate, and the precise number is being determined,” Milind Borikar, CEO of the MHADA Mumbai Board, stated.
He stated that price cutbacks would be made on a case-by-case basis, taking into account each area’s ready reckoner (RR) rates. “The extent of the reduction will be decided accordingly,” Borikar stated.