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Should I apply in MHADA Lottery for investment purpose?- Property Hotline
Posted
July 5, 2016
Views
3,007
Likes
8
Engagement
0.27%
July 5, 2016
3,007
8
0.27%
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2:22Now PlayingBe Un Confused
Expert: Jayashree Kurup, Head-Content & Research, Magicbricks.com
Question: I want to apply for the MHADA 2016 Lottery to purchase a flas located in Tunga Powai. This is for investment purposes. Is this advisable?
Answer: The MHADA lottery is offering 972 flats in 2016. Out of 972 units, 582 flats are under construction and remaining is ready-to-move-in. Such kinds of schemes are good for those who are domicile of the city and reside near the site. The Property will give good returns once it is occupied and the social-physical infra is in place.
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