MHADA Price Cut: 6,248 Kalyan Flats Now Cheaper for EWS Homebuyers

In a major relief for economically weaker sections, MHADA’s Konkan Board has significantly reduced the sale prices of 6,248 flats in Kalyan’s Shirgaon and Khoni. These homes, part of the “First Come, First Served” scheme, will now be over ₹1 lakh cheaper, making home ownership more accessible.

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In a significant boost for affordable housing, the Maharashtra Housing and Area Development Authority’s (MHADA) Konkan Board has announced a substantial reduction in the sale prices of 6,248 flats in Kalyan taluka, Thane district. These homes, part of the “First Come, First Served” scheme launched in 2024 under the Pradhan Mantri Awas Yojana (Urban), are specifically designated for the Economically Weaker Section (EWS) category.

Revati Gaikar, Chief Officer of the Konkan Board, confirmed that this move will directly benefit eligible applicants and marks a crucial step towards fostering inclusive urban development. The revised sale price proposal for these flats, located at Mouje Shirgaon and Mouje Khoni, received approval from Sanjeev Jaiswal (I.A.S.), Vice President and Chief Executive Officer of MHADA.

Under the revised pricing structure, 5,236 flats at Mouje Shirgaon will see a reduction of ₹1,43,404 per flat, bringing the new sale price down to ₹19,28,742. Similarly, the price for 1,012 flats at Khoni has been decreased by ₹1,01,800 per dwelling unit, making the new cost per flat ₹19,11,700.

This reduction is anticipated to make home ownership significantly more accessible for citizens from economically weaker sections, addressing a critical need for affordable housing options in the Mumbai Metropolitan Region. The move aligns with the government’s broader commitment to providing housing for all and is expected to generate renewed interest in these Kalyan properties.