MHADA to Generate Over 7 Lakh Homes in Mumbai Metropolitan Region in Next 5 Years

The Maharashtra Housing and Area Development Authority (MHADA) has announced plans to generate more than 700,000 homes in the Mumbai Metropolitan Region (MMR) over the next five years. Of these, nearly 550,000 homes will be built within Mumbai city itself.

MHADA To Make Over 2 Lakh Houses Across Mumbai in Coming Years

MHADA’s upcoming homes will come from a mix of affordable housing, inclusive housing projects, cluster redevelopment, and revamps of the Prime Minister’s Grant Project (PMGP) Colony. Several redevelopment projects are underway in key areas including GTB Colony in Sion, SVP Nagar in Andheri, Motilal Nagar in Goregaon, and Kamathipura near Mumbai Central.

Over 2,00,000 homes are expected to be constructed in the city over the next 5–7 years under these cluster redevelopment projects, which aim to modernise old structures while providing homes to residents.

Redevelopment of Cessed Buildings

MHADA’s redevelopment plans also include cessed buildings in South Mumbai, which will generate:

• 120,864 units under section 33(7) of the Development Control Regulations (DCR)
• 27,107 units under section 33(9) of the DCR
• 7,769 units from the Bhendi Bazaar redevelopment project
• 19,131 units from Kamathipura redevelopment
• 90,677 units from slum redevelopment projects
• 15,805 units from reconstruction of PMGP Colony

Combined, these projects will generate 5,39,118 homes in Mumbai city. The housing will include rehabilitation units for existing residents, free sale units for developers, and units allocated to MHADA to be offered through lottery draws for citizens.

Housing Plans in the MMR Outside Mumbai

In the rest of the MMR, MHADA will generate 180,403 units over five years. These will come through:

• Pradhan Mantri Awas Yojana (PMAY) – 88,797 units
• Konkan Board housing lottery – 22,606 units
• Inclusive housing projects – 60,000 units
• Integrated Township Projects (15% units) – 6,000 units
• Cluster redevelopment schemes and section 33(5) DCR – 3,000 units

Of these, around 221,000 homes will be routed to MHADA for sale via lottery draws.

Lottery Draws and Past Sales

MHADA recently held a lottery draw for 5,354 homes and 77 plots in the Konkan region, excluding Mumbai. Over the past three years, the Konkan Housing and Area Development Board, a branch of MHADA, has sold more than 13,500 homes through three lottery draws. In total, MHADA has sold around 43,000 tenements statewide through 18 lottery draws over the last three years.

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Conclusion

With over 700,000 homes planned in the MMR over the next five years, MHADA aims to address the region’s housing shortage through a combination of redevelopment, affordable housing, and lottery-based allocations. This initiative will provide modern homes to thousands of families while revitalizing older neighborhoods in Mumbai and surrounding areas.

Disclaimer: This blog has been written exclusively for educational purposes. The securities mentioned are only examples and not recommendations. This does not constitute a personal recommendation/investment advice. It does not aim to influence any individual or entity to make investment decisions. Recipients should conduct their own research and assessments to form an independent opinion about investment decisions.