Maharashtra's 'My Home-My Right': ₹70,000 Crore Housing Policy 2025 to Build 35 Lakh Homes
Maharashtra has launched the 'My Home-My Right' Housing Policy 2025, aiming to construct 35 lakh homes for low and middle-income groups by 2030, with a proposed investment of ₹70,000 crore. The policy focuses on inclusivity, sustainability, and technology-driven development.
Housing PolicyReal EstateAffordable HousingMaharashtraUrban DevelopmentReal Estate MumbaiMay 22, 2025
Replacing the 2007 framework, the new policy aims to construct 35 lakh homes for Low-Income Groups (LIG) and Middle-Income Groups (MIG) by 2030. In total, 50 lakh homes are expected to be developed over the next decade. A district-level review is planned in 2026 to align future initiatives with evolving demand and supply patterns.
The policy is structured around four key principles: affordability, inclusivity, sustainability, and resilience. It promotes a data-driven, technology-enabled, and transparent development approach, ensuring faster implementation and broader social inclusion. The real estate industry has responded positively, calling the policy a transformative step.
Rajesh Mehta, Senior Director & Head, North, West & East Residential Services, JLL India, stated, 'The state Housing Policy 2025 is a progressive step toward inclusive, sustainable, and data-driven urban development. With an ambitious target of delivering 35 lakh affordable homes by 2030, the state has laid a strong foundation for large-scale housing transformation.'
Mehta added that the creation of a centralized State Housing Information Portal is 'particularly commendable,' highlighting its potential to bring transparency and accountability by integrating geo-tagging, demand-supply data, and inter-agency coordination. He believes that such digital-first solutions will significantly enhance planning accuracy and speed of execution.
Domnic Romell, President of CREDAI-MCHI, also lauded the move, stating, 'We welcome and wholeheartedly applaud the Maharashtra Cabinet’s approval of the landmark ‘Majhe Ghar – Majhe Adhikar’ housing policy. With an unprecedented outlay of ₹70,000 crore and a target of delivering 35 lakh homes across the state, this policy is a bold and transformative step towards Housing for All.'
He added that it reflects the state government’s deep commitment to inclusive urban development and dignified housing access across all income brackets.
Dr. Niranjan Hiranandani, Chairman of NAREDCO and the Hiranandani Group, called the policy a 'visionary move that aligns with Maharashtra’s aspirations to cement its position as India’s economic powerhouse.'
He emphasized the inclusion of rental housing for working women, students, and industrial workers as a key component. 'Initiatives such as the walk-to-work model near employment hubs, supported by robust multi-modal infrastructure and last-mile connectivity, will catalyze industrial and commercial real estate, paving the way for an integrated urban development model,' he said.
Dr. Hiranandani also pointed to the policy’s measures to unlock stalled redevelopment projects, such as the creation of self-redevelopment cells, a ₹2,000 crore fund for project financing, and eased compliance norms. He further noted that the ₹20,000 crore MahaWas Niwas Nidhi fund and CSR-driven initiatives represent a bold step toward slum-free, socially inclusive cities.
With support from knowledge institutions like IITs, IIMs, and urban research centers, the 2025 Housing Policy sets the stage for a tech-enabled, future-ready housing landscape in Maharashtra.
Frequently Asked Questions
What is the main goal of Maharashtra's 2025 Housing Policy?
The main goal of Maharashtra's 2025 Housing Policy is to ensure housing for all under the banner 'My Home – My Right.' The policy aims to construct 35 lakh homes for Low-Income Groups (LIG) and Middle-Income Groups (MIG) by 2030, with a proposed investment of ₹70,000 crore.
How does the policy plan to achieve its housing targets?
The policy is structured around four key principles: affordability, inclusivity, sustainability, and resilience. It promotes a data-driven, technology-enabled, and transparent development approach to ensure faster implementation and broader social inclusion.
What is the role of the State Housing Information Portal in the policy?
The State Housing Information Portal is a centralized platform that integrates geo-tagging, demand-supply data, and inter-agency coordination. It aims to bring transparency and accountability, enhancing planning accuracy and the speed of execution.
How does the policy support rental housing?
The policy includes initiatives to provide rental housing for working women, students, and industrial workers. It also promotes the 'walk-to-work' model near employment hubs, supported by robust multi-modal infrastructure and last-mile connectivity.
What measures are in place to unlock stalled redevelopment projects?
The policy includes measures such as the creation of self-redevelopment cells, a ₹2,000 crore fund for project financing, and eased compliance norms. Additionally, the ₹20,000 crore MahaWas Niwas Nidhi fund and CSR-driven initiatives are designed to support slum-free, socially inclusive cities.
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