Mhada lottery for 2,593 flats on May 31

Mumbai: After almost a year's break, the Maharashtra Housing and Area Development Authority (Mhada) will conduct a lottery for the sale of 2,593 flats on May 31. Of these, 1,726 flats are in Mira Road while 867 are located in Sion, Kurla, Borivli and Charkop. 

    It seems Mhada has learnt its lessons as the flats put up for sale are ready for occupation. 

    A majority of the flats belong to the low-income group category and only 172 are for the high-income group. Applications can be downloaded from the Mhada website from May 3. The last date to submit completed application forms in Axis Bank with the earnest money deposit is May 23. 

    The flat winners will have to pay 3.09% as VAT and 1% as service tax in addition to the cost of the house. TNN