Browsing Tag

affordable housing Mumbai

15 posts
MHADA

Decades-Old MHADA Colonies Set for Redevelopment as State Clears 20+ Acre Cluster Policy

In a major boost for MHADA residents, the Maharashtra government has approved a dedicated cluster redevelopment policy for MHADA colonies spanning 20 acres or more in Mumbai and its suburbs, aiming to fast-track redevelopment of aging housing stock through MHADA-led execution and eased consent norms.
In a major relief for homebuyers, ITAT Mumbai has ruled that stamp duty valuation for tax purposes must be taken from the booking date—even if the allotment letter is unregistered—protecting buyers from unfair tax demands caused by builder delays.

MHADA to Hold Stakeholder Consultation on Draft ‘Maharashtra State Rental Housing Policy’ on November 19

MHADA is set to present the draft Maharashtra State Rental Housing Policy on November 19, inviting stakeholders to help shape a first-of-its-kind rental housing framework for the state.
MHADA

MHADA to Sell Homes in Mumbai Without a Lottery

In a first, MHADA will sell unsold premium flats in Mumbai without holding a lottery. The homes — priced up to ₹7 crore — will be offered on a First Come, First Serve basis, with official ads expected by Diwali.
Mumbai recorded 12,070 property registrations in September 2025, marking a 32% YoY rise and the best September since 2013. Stamp duty revenues grew 47% YoY to ₹1,292 crore, boosted by festive demand and strong buyer confidence in suburban markets.

Mumbai Property Registrations Hit 12,070 in September 2025 – Best September in 12 Years

Mumbai recorded 12,070 property registrations in September 2025, marking a 32% YoY rise and the best September since 2013. Stamp duty revenues grew 47% YoY to ₹1,292 crore, boosted by festive demand and strong buyer confidence in suburban markets.
HoABL’s debut Growth Housing project in Naigaon has been oversubscribed 6X, with 8,838 registrations for 1,419 homes. Priced from ₹32.99 lakh, the project offers buyers luxury-like amenities, digital-first booking, and sustainability — setting a new benchmark in affordable housing.

HoABL’s Growth Housing in Naigaon Oversubscribed 6X: Affordable Meets Aspirational

HoABL’s debut Growth Housing project in Naigaon has been oversubscribed 6X, with 8,838 registrations for 1,419 homes. Priced from ₹32.99 lakh, the project offers buyers luxury-like amenities, digital-first booking, and sustainability — setting a new benchmark in affordable housing.