BMC to Allot 426 Flats via Lottery; Application Process Begins

The Brihanmumbai Municipal Corporation (BMC) has announced the allotment of 426 residential flats through a lottery system.

According to the Development Control and Promotion Regulations, the allotment process will follow set guidelines. Notably, applications for these 426 flats have already opened.

The lottery is targeted at individuals from the Economically Weaker Section (EWS) and Low-Income Group (LIG) categories. However, there is growing concern that the prices of these flats are relatively high, which has dampened the enthusiasm of many prospective buyers.

Compared to MHADA flats, BMC’s offerings are reportedly more expensive, leading to disappointment among applicants.

Areas and price points of the flats announced under this scheme: Flat Prices by Area:

• Prices range from approx. INR 54 lakh to INR 1 crore, depending on the location and income group.

• For Low-Income Group (Annual income up to INR 9 lakh):

  • Kandivali: 4 flats priced at INR 81,79,217 each

  • Kanjurmarg: 27 flats priced at INR 97,86,392 each

  • Marol (Andheri East): 14 flats priced at INR 78,50,910 each

• For Economically Weaker Section (EWS):

  • Bhandup (LBS Marg): 240 flats priced at INR 63,50,986 each

  • Kandivali East: 30 flats priced at INR 63,77,162 each

  • Another set priced at INR 66,40,090 each (area not specified)

• Byculla (Prestige Area): 42 flats priced at INR 1,01,25,109 each

• Jogeshwari East: 46 flats priced at INR 54,27,404 each

• Piramal Nagar, Goregaon: 19 flats priced at INR 59,15,602 each

• Application Start Date: October 16

• Last Date to Apply: November 14 (until 5:00 PM)

• Last Date for Fee & Deposit Payment: November 14 (until 11:59 PM)

• Eligible Applicants List Announcement: November 18

• Lottery Draw Date: November 20

• Lottery Results Announcement: November 21

Applicants must apply online through the official website:
? https://bmchomes.mcgm.gov.in

Also Read: Thane Municipal Coorporation employees to receive ex-gratia grant of INR 24500