MHADA Allocates ₹10,585 Crore for 13,012 Affordable Homes in Maharashtra for 2026-27
MHADA Budget 2026-27: Housing authority earmarks ₹10,585 crore to build 13,012 affordable homes
Hindustan Times
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The Maharashtra Housing and Area Development Authority (MHADA) has earmarked ₹10,585 crore to construct 13,012 affordable homes across various regions, including Mumbai and Pune, in the financial year 2026-27. This initiative aims to address housing needs for different income groups in the state.
- 01MHADA plans to build 13,012 affordable homes across Maharashtra.
- 02The total budget for 2026-27 is ₹10,585 crore.
- 03Mumbai will see the construction of 2,538 flats with a budget of ₹6,747 crore.
- 04Other cities like Pune, Nagpur, and Nashik will also receive significant allocations.
- 05MHADA has a history of constructing over 5.27 lakh units since 1977.
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The Maharashtra Housing and Area Development Authority (MHADA) has announced a budget of ₹10,585 crore for the construction of 13,012 affordable homes in the financial year 2026-27. This initiative will span across several regions, including Mumbai, Pune, Konkan, Nashik, Amravati, Chhatrapati Sambhajinagar, and Nagpur. The authority has allocated ₹6,747 crore for building 2,538 flats in Mumbai alone. In the Konkan region, 5,112 apartments will be constructed with an allocation of ₹1,497 crore, while Pune is set to receive 665 flats for ₹664 crore. Nagpur will see 2,008 flats built with a budget of ₹1,206 crore. The budget also includes ₹2,711 crore for the Mumbai Slum Improvement Board and ₹661 crore for the repair of cessed buildings. Since its inception in 1977, MHADA has successfully built 5.27 lakh dwelling units in Maharashtra, reflecting its commitment to addressing housing shortages.
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This significant investment in affordable housing will provide more options for low- and middle-income families in Maharashtra, addressing the ongoing housing crisis.
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