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Mumbai Housing

22 posts
MHADA

MHADA to Build 8 Lakh Homes in 5 Years Under Affordable Housing Plan

MHADA will construct 8 lakh affordable homes by 2030, aligning with NITI Aayog’s recommendations. Deputy CM Eknath Shinde announced the plan during a housing lottery event in Thane, where 2,147 homes and 117 plots were allotted. The government is also introducing a new housing policy, focusing on rental housing, hostels, and redevelopment projects to expand affordable housing options.

With Just ₹75,000 in His Bank, Vedanta Founder Anil Agarwal Bought His First Home in Malabar Hill

Vedanta founder Anil Agarwal recently shared an inspiring story about his first home purchase in Mumbai. Despite having only ₹75,000 in his bank account, he refused to settle for a suburban home and instead set his sights on Malabar Hill. His determination led him to buy a 330 sq ft flat in Navranga Apartment, marking a major milestone in his journey. Agarwal’s story is a testament to the power of ambition, proving that with hard work and self-belief, even the biggest dreams can become reality.
Mumbai

Mumbai’s Real Estate Market Shows Signs of Stagnation as Property Registrations Plateau

Mumbai’s real estate sector appears stagnant as property registration data for January 2025 reveals minimal growth compared to the same period last year. With just six more registrations than in January 2024 and stable stamp duty collections, the market shows no signs of significant movement or price appreciation.
MHADA

MHADA Sets One-Month Deadline for Action on Illegal Construction in Abhyudayanagar

During MHADA’s Eighth Lokshahi Day, officials addressed complaints about illegal construction on the terrace of Suruchi Cooperative Housing Society in Abhyudayanagar. A one-month timeline was set for action following a directive to the Executive Engineer to survey the site, prepare a report, and submit it to the Encroachment Removal Cell. This move underscores MHADA’s commitment to tackling encroachment issues.
MHADA

MHADA Resolved Over 50 Grievances Since 2024

MHADA will conduct its Eighth Lokshahi Din on January 13, 2025, at its Bandra East headquarters, continuing its citizen-centric initiative that has resolved over 50 housing, redevelopment, and tenancy grievances since January 2024. The platform, led by Sanjeev Jaiswal, enables citizens to directly address their issues with senior officials, ensuring transparency and accountability.