The State Run - Maharashtra Housing and Area Development Authority (MHADA) announced that in the next few years about 75,981 affordable houses will be generated at Vasai through a Public Private Partnership (PPP) model. Of the total houses that will be built, 27,000 houses will be reserved for the economically weaker section (EWS) group whereas 17,000 will be made available for the lower income group (LIG) category.

Maharashtra is setting up two major facilities a bulk drug park in Raigad and a medical equipment park - in Aurangabad. The two facilities would be linked to the Delhi-Mumbai Industrial Corridor (DMIC).

The Maharashtra government is planning to redevelop 21 acre of prime land parcel at Cuffe Parade in South Mumbai known as the fisherman’s colony or the Machchimar Nagar. The colony is spread across 21 acre of land and out of this, 15 acres are open spaces.

The state, approved the Maharashtra Housing and Area Development Authority (MHADA) budget of Rs 10,764.99 crore for 2022-23. In the approved budget, MHADA has stated that it will build 4,623 new houses in Mumbai alone, and over 15,000 houses across Maharashtra this year. The prominent projects that will be undertaken in the city include Pahadi Goregaon, Antop Hill, Bombay Development Directorate (BDD) chawl redevelopment, Magathane Borivali, Khadakpada Dindoshi, Patra Chawl, among others. In fact, the Mumbai Board of MHADA also already kickstarted projects at Pahadi Goregaon, which will generate over 8,000 houses in a phased manner; these will be sold via a lottery draw to citizens. It is one of the flagship projects of Mumbai that will open up opportunities for homebuyers, especially the lower middle and economically weaker sections and salaried people in the suburbs due to affordability. This year, MHADA’s Mumbai board is likely to call a lottery also for houses in the final stage of completion. A budgetary provision of Rs 250 crore has been made for this. Another flagship project is Patra Chawl. Recently, MHADA held a groundbreaking ceremony to begin the incomplete project that will also generate surplus houses through this project. A budget allocation of Rs 435 crore has been made for this alone.

The Maharashtra Housing and Area Development Authority (MHADA) plans to turn Kalwa into a hub of affordable housing by constructing one of the biggest economically priced complexes there. The state is seeking to procure disputed land belonging to a defunct engineering company spread over 100 acres for the purpose.

The Maharashtra Housing & Area Development Authority (MHADA) has entered into a memorandum of understanding with realty developer Chadha Developers & Promoters to develop an integrated residential project spread over 80 acres near Mumbai in the public-private partnership mode, where Chadha will invest around Rs. 1,100 crore.

Plans for cluster redevelopment of old and dilapidated buildings in Kamathipura in Mumbai. The Mumbai Building Repairs and Reconstruction Board (MBRRB) is to do a survey of these buildings and prepare a plan on the lines of the cluster redevelopment undertaken by the Saifee Burhani Upliftment Trust in Bhendi Bazar.

Maharashtra Housing and Area Development Authority (MHADA plans to construct 450 houses for Middle Income Group category (MIG) in Powai. The price will be in Rs 60 – 70 lakhs range. Similary, MHADA plans to construct 500 houses for Lower Income Group (LIG) houses in Virar. The price will be in Rs 15 – 20 lakh range.

MHADA plans to construct 450 houses for Middle Income Group category (MIG) in Powai. The price will be in Rs 60 – 70 lakhs range.