I'm looking to buy a MHADA flat in Dindoshi, Malad Area. The building has completed 5 years. What is the process of transfer of such a flat? What documents should i look for from the owner? Are there any major pros and cons of owning a MHADA property?

PROCESS OF TRANSFER OF A MHADA FLAT:

DOCUMENTS  REQUIRED FROM THE OWNER:

PROS AND CONS OF HOLDING A MHADA PROPERTY:

Cons of Holding a MHADA Property: 

Pros of Owning a MHADA Property: 

Hey friend,

I see you are looking to buy an MHADA Flat In the Dindoshi area of Maharashtra. Before I tell you the process and how you can transfer the flat in your name. I would like to share with you the full form of MHADA. The acronym stands for Maharashtra Housing and Area Development Authority. The body was set up by the government of Maharashtra to provide housing in rural and urban areas of the state. Keep reading to know more. 

The Maharashtra State Housing Policy of 2007 is an initiative undertaken by the Government of Maharashtra. Wherein Rental Housing Schemes are set for people. For the implementation of this scheme( MHADA), the government has appointed MMRDA. MMRDA or Mumbai Metropolitan Region Development Authority prepares plans for the project and establishes policies that will be helpful. 

Flats under MMRDA cannot be sold as they are only made for PAPs. or people who have been appointed a house. The MMRDA room transfer procedure set in place allows rooms and flats to be sold after five years from the actual date of purchase. 

If you wish to transfer your property, you will need to pay MHADA transfer fees. The transfer procedure includes officially informing MHADA about the transfer of the property. Whenever your application is approved by MHADA, you will be given a certificate (MHADA certificate for name transfer). To my knowledge, the MMRDA room transfer procedure requires technical documents like a change in the title deed. 

According to market research, MHADA name transfer fees is Rs. 35000. You will need to submit a registered sale agreement to the office for everything to be official. In case, the original tenement holder is dead, the MHADA transfer fees are different, You will need to submit the Death certificate ( original and photocopy) along with an affidavit that has been notarized on Rs. 20/- stamp paper.

You can check out properties on NoBroker to get the house of your dreams without paying any brokerage. This is all from my end.

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Hey friend,

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There are many housing schemes that have been launched by the government over the years. The primary aim of these schemes is to provide affordable housing to the citizens. The government of Mumbai has its own initiative called MHADA Property. Take a look below to read more about the topic. 

Here, the state government conducts a lottery based on income groups. As per the authorities, they aim at providing flats to the economically weaker section (EWS) low-income group (LIG), middle-income group (MIG), and high-income group (HIG) applicants. MHADA ( the government agency responsible) sells apartments to the people at subsidised rates. MHADA has its land bank which makes it easier to acquire land.

People who own MHADA flats are not allowed to sell their units before five years from the date of purchase. Once it's been five years since the date of purchase, one can begin the  flat transfer procedure. 

Houses constructed by MMRDA are done purely for PAPs. Usually, MMRDA flat transfer procedure is possible because the flats can't be sold. 

• A sale agreement between the buyer and the seller needs to be created. 

• The buyer will then need to pay charges including stamp duty and registration charges. 

• The buyer will have to issue an application to the MHADA for issuing the transfer certificate. 

• You all need to send a copy of registered papers and other technical documents as well. 

You will also need the original allotment letter from the owner issued by MHADA and other papers about MHADA property registration. If your property falls under MMRDA. You will need permission from the authority for MMRDA flat transfer procedure.

There are certain pros and cons of buying a MHADA flat. In comparison to private builders, MHADA flats are cheaper. They have an increasing sales value. The disadvantage of buying a MHADA flat is one will not have any surity of property ownership for future generations.

This is all from my end MMRDA flat transfer procedure. I would recommend you to conduct proper diligence before buying a resale MHADA, MMRDA property. This will ensure there is fraud and the transfer of property is legitimate.

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MHADA properties are allotted to the interested applicants from the lower and middle income groups in the state of Maharashtra. When a MHADA property owner completes 5 years of lock-in period, he can transfer the rights of tenancy to the other interested parties. There are certain MHADA rules and regulations for transfer of flats and there is a different procedure of MHADA Ownership transfer procedure than a regular property transfer. I will tell you in brief all of the information and documents you should get from the owner of the flat.

The major steps involved in MHADA flat transfer procedure are:

• Get the nue-dues certificate from the current owner and society

• Ask the property owner to share a legal allotment letter with you which was given by the MHADA authorities at the time of allotment of the flat.

• Check the balance on electricity and water meters.

• Now make a sale agreement in your name and pay the stamp duty and registration charges. 

• After registration, send the registered sale agreement copy to MHADA office along with a transfer fee of Rs. 35000 to get the transfer certificate.

• Ask the seller to transfer power of attorney in your name.

You should note that MHADA property sale rules must be followed exactly as mentioned. If there is any loophole which is detected by MHADA team, then you will be evicted from the property immediately and face legal action for the same.

You can check out further details about MHADA ownership transfer procedure on

Honestly, there are pros and cons of buying a MHADA flat. MHADA flats are cheaper than the other flats and have an increasing sale value. However, buying a MHADA flat is not preferred by people who want complete ownership of the property. MHADA flat’s ultimate ownership remains with the Maharashtra Housing and Area Development Authority and an annual rent must be paid to them.

The procedure for transfer of MHADA flat in resale is simple but you have to be careful of a few things. 

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• Ensure that there are no dues pending from the seller’s end to the authorities.

• Ask for the original allotment letter from the owner issued by MHADA

• Ask for a copy of the letter which has the details of his interest in the transfer of the property

• Check whether all the previous dues are paid

At the time of transfer, follow the process given below:

• Check the sale agreement for the buyer's name (your name). 

• Duly pay the stamp duty and registration charges. 

• After you’ve paid the stamp duty and registration charges, contact MHADA to get the transfer certificate for the property registered in your name. 

• It will take six months time to complete the process as per the MHADA rules for the transfer of flats once you send the copy of registry papers and submit Rs 35000 as the transfer fees.

• Get the power of attorney transferred in your name despite registration of property in your name. 

These are a few things you must take care of in the procedure of transfer of MHADA flats. 

Coming to the pros and cons, one of the biggest pros of buying a MHADA flat is that the resale value keeps growing for these flats. If you are buying a new MHADA flat, you’ll get it at a much cheaper rate as the scheme is led by the Government which makes it affordable for lower-income groups as well.

But some of the cons include, the lock-in period of 5 years for new buyers, detailed paperwork while transferring the property to another buyer, the annual rent has to be paid to MHADA, and the ultimate ownership remains with MHADA only.