India, Jan. 31 -- The Maharashtra Housing and Area Development Authority (MHADA) is expected to put 5,000 affordable homes on the market in Mumbai over the next two to three months. Of the total number of units, around half will come up for sale in the Goregaon area of Mumbai.
These units were expected to cater to a mix of economically weaker sections (EWS), lower-income groups (LIG), middle-income groups (MIG), and high-income groups (HIG) across several locations.
A significant portion of the flats in the forthcoming lottery will be from under-construction projects across the city. Several of these developments are still in the early stages, with only foundation work or a few floors completed. As a result, possession of many of these ...
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