The Maharashtra Housing and Area Development Authority (MHADA) has initiated a scheme in Mumbai to sell 118 affordable homes under the 'first come, first served' (FCFS) approach, targeting individuals seeking budget-friendly housing in a city like Mumbai. Applications for the scheme began online on February 17. This initiative provides a significant opportunity for middle-class individuals struggling to find affordable housing options amidst the high real estate prices in urban areas.

These homes are part of a previously held lottery that did not see sales for various reasons, providing MHADA a chance to reintroduce these properties into the market. Initially, the sale was planned to start on February 5 but was delayed due to technical issues, leading to a reduction in the available flats from 120 to 118. The pricing varies widely, with the cheapest flat priced at ₹3.8 million, while more expensive options are located in upscale neighborhoods like Tardeo.

This scheme highlights the ongoing challenge of affordability in Mumbai's real estate market, where prices can be prohibitive for average working-class families. Through such initiatives, the government aims to alleviate some of the housing pressures faced by residents in mega cities, ensuring that even individuals with modest incomes can aspire to own their homes in urban settings.