Real Estate India
Maharashtra TOD Policy: 50,000 Acres for Housing Near Transit
By GeoSquare News Desk · Published 2026-11-04
The Maharashtra government is set to introduce a transit-oriented development (TOD) policy that could unlock nearly 50,000 acres of land for housing and mixed-use projects. The policy is designed to encourage higher-density development along metro and rail corridors, making it easier for developers to build residential and commercial spaces in proximity to public transport.
What is Transit-Oriented Development?
TOD focuses on creating compact, walkable communities centred around high-quality transit systems. By allowing higher floor space index (FSI) and incentivising mixed-use projects, the policy aims to reduce urban sprawl, ease congestion, and promote sustainable growth. For Maharashtra, this means more affordable housing options near transit hubs, especially in fast-growing urban centres.
Impact on Pune, Nashik, and Mumbai Suburbs
The policy is expected to have a significant impact on Pune, Nashik, and the suburbs of Mumbai. In Pune, areas along the proposed metro corridors will see increased development activity. Nashik, with its upcoming metro and rail projects, is likely to emerge as a new investment hotspot. Mumbai's suburbs, already well-connected, will benefit from redevelopment and higher FSI, attracting both developers and end-users.
Benefits for Investors and Developers
For developers, the higher FSI and streamlined approvals mean more profitable projects. For buyers, the availability of mixed-use developments near transit reduces commute times and improves quality of life. The policy is also expected to boost infrastructure-led growth, creating a ripple effect on property values in these corridors.
As the policy rolls out, experts anticipate a surge in land acquisition and project launches. While the full impact will take time to materialise, the TOD policy is a clear signal of Maharashtra's commitment to future-ready urban planning. For investors, this is an opportune moment to explore emerging corridors in these cities.