The Maharashtra Housing and Area Development Authority (MHADA) has put 118 unsold flats in Mumbai up for sale under its First-Come, First-Served (FCFS) scheme starting 17 February 2026. These flats were not sold in earlier lottery rounds. Prices range from approximately INR 31 lakh to INR 8 crore.
Under the scheme’s rules, applicants must first pay the earnest money deposit (EMD). After selecting a flat, they are required to pay 10% of the total flat cost within 48 hours. If they fail to do so, the allotment will be cancelled and the deposit ranging between INR 1 lakh and INR 6 lakh depending on the flat will be forfeited.
MHADA introduced this rule to ensure that only serious buyers participate and to prevent flats from being blocked without completion of payment. The authority had faced issues in previous rounds where selected applicants did not proceed with purchases, leaving flats unsold.
According to a report in Loksatta, some potential buyers have raised concerns that many of the available flats are priced high, making them less affordable for middle-income applicants.
Also Read: Thane-Dombivli-Kalyan Bus Services To Start After HSC Student Death on Tracks