In a landmark decision, the Maharashtra Cabinet has approved the State Housing Policy 2025 with the mission “माझे घर – माझे अधिकार” (My Home – My Right). The policy, described by Deputy Chief Minister and Housing Minister Eknath Shinde as “revolutionary,” aims to provide inclusive, affordable, and sustainable housing for all sections of society — from EWS (Economically Weaker Sections) to the middle class — by constructing 35 lakh houses by 2030, with an investment of ₹70,000 crore.


Key Objectives of the Policy

ObjectiveTarget/Initiative
Total Houses to be Built35 lakh by 2030
Total Investment₹70,000 crore
AI Housing Information PortalCentral platform for availability, tracking, data
Land BankStatewide land bank by 2026 for residential use
Slum RedevelopmentFocus on cluster development and transparency
“Walk to Work” HousingHomes near job hubs, esp. MIDC industrial zones
Housing for Special GroupsWomen, students, senior citizens, differently-abled
Sustainable & Disaster-Resilient HousingGreen building and climate-resistant technologies

Highlights Announced by Deputy CM Eknath Shinde

1. Inclusive & Affordable Housing for All

The policy covers:

  • Economically Weaker Sections (EWS)
  • Low-Income and Middle-Income Groups
  • Senior citizens, women, students, industrial workers, journalists, disabled persons, and ex-servicemen

2. AI-Based State Housing Information Portal

A centralized platform using Artificial Intelligence to:

  • Track housing supply and demand
  • Geo-tag housing units
  • Integrate data from MahaRERA, PM Gati Shakti, Mahabhulekh
  • Ensure transparency and informed decision-making

3. Land Bank Development by 2026

  • A state-wide land bank will be developed with the help of:
    • Revenue Department
    • Forest Department
    • MSRDC
    • MIDC
    • Water Resources Department

4. Walk-to-Work Housing Model

  • Promote residential developments near employment zones
  • Especially in MIDC areas where 10–30% of the land will be reserved for housing

5. Mandatory Inclusion in All Metropolitan Regions

  • Not just cities with 10 lakh+ population, but all Metropolitan Region Development Authorities will be required to develop inclusive housing projects

Support for Self-Redevelopment

InitiativeDetails
Self-Redevelopment Support CellFor society planning, finance, developer selection
Seed Fund₹2,000 crore
FocusFast-tracking redevelopment of old buildings
Tripartite AgreementsBetween society, developer & authority mandatory

Slum Rehabilitation: Transparent & Tech-Driven

  • Use of central government land for SRA (Slum Rehabilitation Authority) projects
  • Joint planning with Central Govt. departments
  • Real-time monitoring of projects using IT systems
  • Improved transparency and accountability for all stakeholders

Cluster Development to Replace Failed SRA Projects

  • Cluster redevelopment approach for areas with stagnant or delayed SRA projects
  • New, capable developers to be selected through transparent bidding
  • Strict timelines and accountability to eliminate irregularities

Environmentally Sustainable Housing

  • Emphasis on green buildings and climate-adaptive designs
  • Promotion of Global Housing Technology Challenge for:
    • Heat-resistance
    • Earthquake-resilience
    • Flood protection

Support from CSR & Knowledge Partners

ResourceRole
CSR FundingTo support affordable and social housing projects
Knowledge PartnersIITs, IIMs, WRI, UDRAI etc. to advise & support

Summary

ComponentDetails
Homes Planned35 lakh by 2030
Total Budget₹70,000 crore
AI Housing PortalReal-time, transparent housing data
Land BankTo be ready by 2026
Slum RedevelopmentVia cluster model and central govt collaboration
Sustainability FocusGreen tech, disaster-resilient infrastructure
Walk-to-Work IntegrationHousing near jobs, especially in MIDC regions
Self-Redevelopment Support₹2,000 crore seed fund + dedicated support cell

With this comprehensive housing policy, the Maharashtra government aims not only to fulfill the dream of homeownership for lakhs of citizens, but also to catalyze economic growth, modernize urban living, and lead India toward a more inclusive real estate future.

Stay updated on housing news at www.SquareFeatIndia.com

Also Read: Seeking A Housing Loan? Read This New RBI Policy

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