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Maharashtra Cabinet

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MHADA

Maharashtra Cabinet Greenlights MHADA Housing Redevelopment: A Boost for Mumbai’s Aging Colonies

In a boost for Mumbai’s residents, the state cabinet on Tuesday cleared a transformative policy for redeveloping aging MHADA colonies into modern townships, complete with schools, parks, and upgraded utilities—unlocking a new era of safe, sustainable living.
The Maharashtra government has approved the closure of MAHA ARC Limited, its state-level asset reconstruction company, following RBI restrictions that prevented it from operating under SARFAESI Act norms.

Maharashtra Government Shuts Down MAHA ARC Limited, Its State-Owned Asset Reconstruction Company

The Maharashtra government has approved the closure of MAHA ARC Limited, its state-level asset reconstruction company, following RBI restrictions that prevented it from operating under SARFAESI Act norms.
Maharashtra has sanctioned ₹411 crore for PMAY housing projects across multiple cities, signaling execution momentum and a major boost to affordable home supply for EWS buyers.

Maharashtra Waives ₹16.9 Crore Premium for PMAY Housing Project for Unorganised Workers in Solapur

The Maharashtra Government has waived ₹16.93 crore in premium and dues for a 30,000-home PMAY project for unorganised workers in Solapur’s Kumbhari village, marking a major policy step to boost affordable housing.
The Maharashtra Cabinet has cleared a new cluster redevelopment scheme for Mumbai slums, allowing FSI beyond 4 to enable vertical growth and faster rehabilitation. Focused on 50+ acre clusters, the policy blends urban planning with flexible development models, potentially transforming the city’s skyline.

📰 FSI Beyond 4! Maharashtra Cabinet Approves New Cluster Redevelopment Model for Mumbai Slums

The Maharashtra Cabinet has cleared a new cluster redevelopment scheme for Mumbai slums, allowing FSI beyond 4 to enable vertical growth and faster rehabilitation. Focused on 50+ acre clusters, the policy blends urban planning with flexible development models, potentially transforming the city’s skyline.
Dharavi, Asia's largest slum

Maharashtra Cabinet Approves Stamp Duty Relief For Dharavi Redevelopment

In a bid to expedite the Dharavi Redevelopment Project, the Maharashtra Cabinet has approved stamp duty concessions on lease agreements involving the project’s SPV and the Rail Land Development Authority. The relief aims to reduce transaction costs and accelerate the start of construction on one of India’s most ambitious urban renewal initiatives.