Maharashtra Cabinet Approves Ambitious 'Majhe Ghar – Majhe Adhikar' Housing Policy
The Maharashtra Cabinet has approved a new housing policy, 'Majhe Ghar – Majhe Adhikar', aimed at constructing 3.5 million homes over the next five years with an investment of ₹70,000 crore. The policy prioritizes low-income groups, senior citizens, women, industrial workers, and students, and has been hailed by the real estate industry.
Housing PolicyReal EstateMaharashtraInclusive GrowthUrban DevelopmentReal Estate NewsMay 21, 2025
The policy aims to construct 3.5 million homes over the next five years, focusing on low-income groups, senior citizens, women, industrial workers, and students. Chief Minister Fadnavis emphasized that the policy prioritizes these groups and addresses issues such as rental housing and the creation of land banks.
The real estate sector has welcomed the government’s initiative, calling it a game-changer for Maharashtra’s housing ecosystem. Prashant Sharma, President of NAREDCO Maharashtra, stated, “The 'Majhe Ghar – Majhe Adhikar' policy is a commendable step in realizing the vision of Housing for All in Maharashtra. With a robust investment plan of ₹70,000 crore and a clear target of constructing 3.5 million homes over the next five years, the government is prioritizing inclusive urban development. The focus on slum rehabilitation, redevelopment, and the creation of a MahaAwas Fund will be instrumental in addressing the housing shortage and improving the urban landscape. We believe this progressive policy will provide a significant boost to real estate, create large-scale employment, and ensure dignified living for citizens across income groups.”
Nishant Deshmukh, Founder and Managing Partner of Sugee Group, added, “The announcement of the 'Majhe Ghar – Majhe Adhikar' housing policy is a landmark decision with the potential to change the face of urban housing in Maharashtra. The comprehensive approach — from slum rehabilitation to providing homes for working women, senior citizens, and laborers — reflects the government’s inclusive vision. With strategic funding and transparent implementation, this policy can unlock massive redevelopment opportunities in cities like Mumbai, while also ensuring social equity and improved quality of life.”
The ‘Majhe Ghar – Majhe Adhikar’ policy is expected to not only address the housing shortage but also stimulate economic growth and create numerous job opportunities. The government’s commitment to affordable and inclusive housing is a significant step towards achieving sustainable urban development in Maharashtra.
Frequently Asked Questions
What is the 'Majhe Ghar – Majhe Adhikar' policy?
The 'Majhe Ghar – Majhe Adhikar' (My Home – My Rights) policy is a comprehensive housing policy approved by the Maharashtra Cabinet to address housing challenges and promote inclusive urban growth. It aims to construct 3.5 million homes over the next five years with an investment of ₹70,000 crore.
Who will benefit from this policy?
The policy prioritizes low-income groups, senior citizens, women, industrial workers, and students. It also addresses issues such as rental housing and the creation of land banks.
What is the investment outlay for the policy?
The policy has an ambitious investment outlay of ₹70,000 crore.
How has the real estate sector responded to this policy?
The real estate sector has welcomed the policy, calling it a game-changer for Maharashtra’s housing ecosystem. Industry leaders believe it will boost real estate development, create jobs, and ensure dignified living for citizens across income groups.
What are the key features of the policy?
Key features include a focus on slum rehabilitation, redevelopment, and the creation of a MahaAwas Fund. The policy also addresses rental housing and the creation of land banks to ensure affordable and inclusive housing.
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