The Maharashtra Housing and Area Development Authority Lottery 2026 for 2,640 affordable homes in Mumbai received 65,082 applications, marking a decline from the previous two lotteries, which each attracted over 1 lakh applications.

 

Of the total applications received this year, 43,637 were submitted with the mandatory earnest money deposit (EMD), according to MHADA data.

 

MHADA conducted similar lotteries in 2023 and 2024, both of which saw more than 1 lakh applications each. No lottery draw was conducted in 2025.

 

Why are applications for the MHADA lottery 2026 down?

According to officials of the Maharashtra Housing and Area Development Authority, the last date for submitting applications is May 14, while the deadline for payment of the earnest money deposit (EMD) is May 15.

 

"Going by the past trends, there is a spike in the number of applications in the last few days. Hence, we should wait until the last date," a MHADA official said.

 

Applicants said many homebuyers stayed away from this year’s lottery because over 60% of the apartments on offer are under construction, and pricing remains relatively high.

 

“Most of the apartments are under construction, and the pricing is relatively high compared to similar homes available in the open market,” said Vallabh Shinde (name changed), a 35-year-old homebuyer in Mumbai.

 

“The private housing market is already witnessing slower sales momentum, and that sentiment is reflected in the MHADA lottery response as well. For me, the biggest drawback this year is the under-construction factor. If I have to buy an under-construction apartment, I would rather choose a private developer offering better discounts than participate in the MHADA lottery,” Shinde said.

 

Of the total inventory on offer, 1,762 apartments, or nearly 66%, are under construction, according to data accessed from Maharashtra Housing and Area Development Authority’s website. These under-construction apartments are located in areas such as Vikhroli, Goregaon and Borivali.

 

According to the data, of the 1,762 under-construction apartments, 128 units are in Borivali East, 85 in Goregaon West, while the remaining inventory is located in Kanamwar Nagar and Vikhroli.

 

Further, on April 30, MHADA announced a 7.5% price cut for 1,221 apartments under the MHADA Lottery 2026, effectively reducing prices for nearly 46% of the 2,640 homes on offer in Mumbai. The price revision applies to units located in Kanamwar Nagar and Vikhroli East.

 

In March 2026, Maharashtra Housing and Area Development Authority announced a lottery for 2,640 affordable homes in the Mumbai real estate market.

 

Of the total inventory on offer, 1,762 apartments, or nearly 66%, are under construction, according to data accessed from MHADA’s website.