One of our family friends had applied for the MHADA lottery but had no clue about the MHADA lottery procedure after winning. On the day of the declaration, he came to our house and sought help from my husband, who then did thorough research and found out the answer. There are a series of steps that are followed before the winners get the house. If you have applied for the lottery, you should figure out what to do after winning MHADA lottery. Let me help you out.
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What procedure after winning MHADA lottery is followed?
There is a basic process followed after one wins a MHADA lottery and that is-
The winner first received an intimation letter from MHADA by post
He/she needs to submit all documents mentioned in the form
he/she will receive the provisional offer letter next
You will have 45 days from the date you were given the letter to pay 25% within 2 months
The rest (75% of the amount) needs to be paid in 2 months
Once the entire amount is given, you will receive the Gala Vatap Patra
The winner next has to pay the stamp duty and register the property
Submit a copy of registration at MHADA office
He/she will bet 3 copies of Possession letter
The first copy needs to be submitted at the site where the flat is located; the second copy in the bank where you have opted for a home loan; and the third copy to the Municipal Corporation
This is the process after winning MHADA lottery.
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What is the MHADA lottery system? Who is eligible for MHADA lottery 2023? What is the price of MHADA lottery 2023 flat in Mumbai?Your Feedback Matters! How was this Answer?
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After winning the MHADA lottery you can make full payment. Only then you will get possession. You need to produce two self-attested photographs as well.
Coming back to your second question, if you are availing home loan you need to deposit 25% of the total before securing a loan at the bank. After paying 25% you can obtain NOC for a home loan.
So, you have to pay 25% of the money first if you are opting for a home loan.
You can provide cheque to pay the amount.
I hope you find this helpful.
In how many month we get the possession once we win the MHADA lottery, what is the payment procedure (bank loan only or whatever saving I have done I can give in cheque)?
sujit gupta
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3 Year
2022-02-23T21:16:25+00:00 2023-08-23T16:36:41+00:00Comment
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