MHADA's Diwali 2025 lottery offers 5,000 affordable homes across Mumbai and suburbs, targeting low/middle/high-income groups. Registration opens September 15 withNov 17 payment deadline. Includes redevelopment projects in Adarsh Nagar, Chunabhatti, and Jogeshwari.
Public sector banks' interest rate cut for home loans up to Rs 20 lakh may induce some buying in the property market, but developers and experts believe it's not enough for a major boost.