India, May 7 -- Maharashtra Housing and Area Development Authority is expected to announce the draw for approximately 5,000 affordable homes around Diwali 2025, MHADA officials told HT.com

"The MHADA is planning to announce a lottery draw of about 5,000 homes this September - October," Sanjeev Jaiswal, Vice President and Chief Executive Officer of MHADA told reporters last week.

"The affordable homes will be announced in different locations of Mumbai and the details are being finalised," Jaiswal had said.

According to MHADA officials, around 5,200 affordable homes are likely to be part for the draw, which will be announced in the coming months.

The schedule, pricing, and locations of the MHADA lottery 2025 for Mumbai will be announced...