The Government of Maharashtra has announced an unprecedented housing construction drive across the Mumbai Metropolitan Region (MMR) over the next five years. The plan involves building 35 lakh homes backed by ₹50 lakh crore of public and private investment, aiming to reshape the region’s housing landscape through large-scale redevelopment, affordable housing, and infrastructure expansion.
The announcement was made by Deputy Chief Minister and Housing Minister Eknath Shinde at the MHADA Konkan Board computerized lottery draw held in Thane, where 5,354 tenements and 77 plots were allotted through a transparent digital process.
🏗 ₹50 Lakh Crore Investment for 35 Lakh Homes
Maharashtra is targeting the construction of 35 lakh homes statewide in the next five years, fuelled by a ₹50 lakh crore investment pipeline through both public and private sector participation.
The state is also working towards the PM Awas Yojana (Urban) target of two crore homes, with an emphasis on housing for working women, senior citizens, and rental housing options to address urban housing demand.
Shinde highlighted that the Central Government’s GST reduction on housing has further lowered costs, offering relief to homebuyers and boosting construction momentum.
🏙 30 Lakh Homes in MMR by 2030
Under the MMR Growth Hub Plan, the government has set a goal of 30 lakh new homes in MMR by 2030, with MHADA directly or indirectly delivering about 8 lakh homes.
The massive response to the Konkan Board lottery — 1,58,424 applications for 5,354 homes — reflects rising public trust in MHADA’s transparent allotment systems, Shinde noted. He instructed MHADA to maintain quality standards and ensure projects are completed within stipulated timelines to meet this ambitious target.
🏘 Acceleration of Pending Redevelopment Projects
The government has directed MHADA, CIDCO, MMRDA, MIDC, and the Brihanmumbai Municipal Corporation (BMC) to focus on completing pending slum rehabilitation and redevelopment projects. This includes several long-delayed schemes that are now being fast-tracked under the revised housing policy.
Key redevelopment projects expected to contribute around two lakh homes in the next five years include:
- BDD Chawls
- Sindhi refugee buildings at Sion Koliwada
- Kamathipura redevelopment
- Abhyudaya Nagar (Kalachowki)
- Motilal Nagar (Goregaon)
- Siddharth Nagar (Patrachawl)
- Sardar Vallabhbhai Patel Nagar (Andheri)
- Bandra Reclamation
- Adarsh Nagar (Worli)
- Jogeshwari PMGP Poonam Nagar
These projects are expected to unlock large tracts of underutilized urban land, paving the way for affordable and mid-income housing.
🏠 Strong Track Record and Mill Worker Housing
MHADA Vice President and CEO Sanjeev Jaiswal highlighted that this was the fourth computerized lottery held by the Konkan Board in the last three years, allotting a total of 13,500 tenements during this period.
Across all regional boards — Pune, Nashik, Chhatrapati Sambhajinagar, and Nagpur — MHADA has allotted 41,500 tenements in the same timeframe.
Additionally, nearly 20,000 mill workers have already been allotted homes, and eligibility for around one lakh mill workers and their heirs has been finalized to speed up future allotments.
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