Chief Minister Fadnavis: Mumbai Unaffordable, MMR Housing the Future
Maharashtra Chief Minister Devendra Fadnavis highlights the need to shift focus from making Mumbai affordable to developing affordable housing in the Mumbai Metropolitan Region (MMR) with improved connectivity.
Affordable HousingMmrMumbaiDevendra FadnavisReal EstateReal Estate MaharashtraAug 15, 2025
Speaking at a CREDAI-MCHI event, Fadnavis said, “Mumbai will never be affordable — that’s the reality. But the MMR can be affordable if we ensure world-class connectivity and infrastructure so that people can live there and easily commute to Mumbai.”
Fadnavis highlighted ongoing metro projects, expressways, and suburban rail upgrades as critical to integrating MMR towns into the city’s economic ecosystem. He also urged developers to focus on cluster redevelopment, slum rehabilitation, and the adoption of advanced construction technologies to speed up project timelines.
Fadnavis recalled his government’s role in implementing the Real Estate (Regulation and Development) Act (RERA) in Maharashtra, framing Mumbai’s development plan with industry participation, and pushing reforms to improve the ease of doing business in the construction sector.
He also spoke about upcoming initiatives such as an “education city” near the Navi Mumbai airport, which is expected to host 12 world-class universities, generate housing demand, and spur regional economic growth.
“The real challenge is to bring new technology, global standards, and better planning to Mumbai and the MMR,” he said, adding that these measures could balance growth with affordability in the wider region.
These initiatives aim to create a more balanced and sustainable urban development model, ensuring that the economic benefits of Mumbai are shared more widely across the MMR. The focus on improved infrastructure and affordable housing in the MMR could significantly enhance the quality of life for residents and support economic growth in the region.
Frequently Asked Questions
Why is Mumbai considered unaffordable for homebuyers?
Mumbai is considered unaffordable due to high land costs, regulatory constraints, and urban density, making it difficult to develop affordable housing within the city.
What is the focus of Chief Minister Devendra Fadnavis' housing policy?
The focus of Chief Minister Devendra Fadnavis' housing policy is to develop large-scale affordable housing in the Mumbai Metropolitan Region (MMR) with improved transport connectivity to Mumbai.
What are some of the ongoing projects to improve connectivity in the MMR?
Some of the ongoing projects to improve connectivity in the MMR include metro projects, expressways, and suburban rail upgrades.
What is the role of the Real Estate (Regulation and Development) Act (RERA) in Maharashtra?
The Real Estate (Regulation and Development) Act (RERA) in Maharashtra aims to regulate the real estate sector, ensure transparency, and protect the interests of homebuyers and developers.
What is the 'education city' project near the Navi Mumbai airport?
The 'education city' project near the Navi Mumbai airport is expected to host 12 world-class universities, generate housing demand, and spur regional economic growth.
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