Maharashtra: MHADA Sets Rs 15,951 Crore Budget for 2025-26, Targets Building 19,497 New Homes
By Lokmat English Desk | Updated: March 31, 2025 18:59 IST2025-03-31T18:58:24+5:302025-03-31T18:59:31+5:30
The Maharashtra Housing and Area Development Authority (MHADA) budget has set a target to construct a total of 19,497 ...

Maharashtra: MHADA Sets Rs 15,951 Crore Budget for 2025-26, Targets Building 19,497 New Homes
The Maharashtra Housing and Area Development Authority (MHADA) budget has set a target to construct a total of 19,497 houses through its divisions in Mumbai, Pune, Konkan, Nashik, Amravati, Chhatrapati Sambhaji Nagar, and Nagpur. For this, a provision of Rs 9,202.76 crore has been made in the budget. The MHADA budget for the financial year 2025-26 was presented to the authority. The authority has approved a budget of Rs 15,951.23 crore for 2025-26 and a revised budget of Rs 10,901.07 crore for 2024-25.
Housing Construction Plan:
- Under the Mumbai division, 5,199 houses will be constructed, with a provision of Rs 5,749.49 crore.
- The Konkan division will see the construction of 9,902 houses, with Rs 1,408.85 crore allocated.
- Under the Pune division, 1,836 houses will be built with an allocation of Rs 585.97 crore.
- The Nagpur division will have 692 houses constructed with a budget of Rs 1,009.33 crore.
- Under the Chhatrapati Sambhaji Nagar division, 1,608 houses will be built with a provision of Rs 231.10 crore.
- The Nashik division will see the construction of 91 houses with a budget of Rs 86 crore.
- The Amravati division will have 169 houses built, with Rs 65.96 crore allocated.
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Allocations for Specific Projects:
- Redevelopment of Worli, Naigaon, Parel BDD Chawls: Rs 2,800 crore.
- Redevelopment of PMGP Colony, Jogeshwari East: Rs 350 crore.
- Redevelopment of Periphery Creek, Bandra West: Rs 205 crore.
- Construction of apartments in Siddharth Nagar, Goregaon: Rs 573 crore.
- Hostel for boys and girls at Jijamata Nagar, Parel: Rs 20 crore.
- Housing for mill workers: Rs 57.50 crore.
- Project at Survey No. 160, Borivali: Rs 200 crore.
- Rehabilitation project in Sanjay Gandhi National Park: Rs 200 crore.
- Pahadi Goregaon project: Rs 177.79 crore.
- Malvani Slum Improvement Project: Rs 50 crore.
- Magathane, Borivali project: Rs 85 crore.
- Exar Borivali Coast Guard project: Rs30 crore.
- Redevelopment of Patra Chawl, Siddharth Nagar, Goregaon: Rs 20 crore.
- Two-story healthcare center and residential housing at Panchpakhadi-Savarkar Nagar, Thane: Rs 15 crore.
- 100-bed old-age home and hostel for working women at Majiwada-Vivekanand Nagar, Thane: Rs 30 crore.
- Clubhouse, swimming pool, and land development at Bolinj, Virar: Rs 33.85 crore.
- Redevelopment of Vartak Nagar, Thane Police Housing Buildings: Rs 90 crore.
- Gotheghar Pradhan Mantri Awas Yojana (Urban): Rs 115 crore.
- Chandrapur Special Planning Authority Project: Rs 371.20 crore.
- Textile Park, Empress Mill Project: Rs 350 crore.
- These allocations focus on housing, redevelopment, slum improvement, and infrastructure development across various regions of Maharashtra.