MHADA Lottery Deposit To Remain In Applicants' Bank Accounts, Withdrawals Locked Until Results

Mumbai, August 26, 2026: The Maharashtra Housing and Area Development Authority (MHADA) is preparing to make a major change to its housing lottery process.

Under the proposed system, applicants will no longer have to transfer the mandatory deposit amount to MHADA’s account while applying for a lottery.

Instead, the money will remain in the applicant’s own bank account, but withdrawals from the earmarked amount will be restricted until the lottery results are announced.

According to a MHADA official, work is underway on a proposal to overhaul the rules governing deposit money for housing lotteries. The authority is working towards introducing the new mechanism in its upcoming lotteries.

New System Under Development