MHADA Lottery August 2017 RERA Registration Delay 700 House Distribution. MHADA Lottery Registration Start very soon after the registration of the RERA. This is the latest information regarding the MHADA Lottery scheme that Mumbai Board of Maharashtra Housing and Area Development Authority has been hanging in between the process. This all happen due to the RERA Act Implementation to Regulate the Real estate of Mumbai State. So According to Housing Minister of Bombay Lottery will be removing after the registration of the RERA of the Mumbai Board. And this will be completed in the 3 months or up to. So till that time you all have to wait.
MHADA Lottery August 2017
As we all know that every year the MHADA Lottery of houses has been held in the month of the May. But due to some problems it will be gone up to August. This was happen from last two years. In last year 2016 the MHADA Lottery on August 10 were acquired from the lottery for 910 houses. And in this year the MHADA lottery will hold for total 604 houses. And it will also be conducted on August 2017. Wait till August 2017.
So now come on the topic of the RERA. It means The Real Estate Regulatory Act will be implemented from the 1st May 2017 in the State. And in this Act, the registration has to be made mandatory to construct over the 500 Sqm plot. In this addition of the building has also been done which have not been yet received. This is the project released. So now after the implementation of this Act the MHADA has started the process of registration of the first building of the lottery.
MHADA Lottery Delay Till August For RERA Registration
Attention: So according to our knowledge there are total 100 building in the MHADA. And these 100 building has not got the OC Yet. And you all have to registration of all these building till 15 June 2017. It is mandatory for all. If any of the developer will not do the registration under this Act they will dealt with.
They also have to pay the fine if this does not happen. There is also the provision for sending the prison under this Rare Act if any of the developer not follow the terms and conditions.
The area where the MHADA Lottery August 2017 houses will be constructed
The Advance city Goregaon
It is good news for the entire customer that RERA gives the assurance of their home safely and secure. So after the registration of the RERA the lottery draw will be conducted soon. Some of the houses can be extended after the registration. This latest news which we published fully according to the Home Minister Mr. Prakash Mehta.