MHADA Cuts Prices for 6,200+ PMAY Flats in Thane for EWS
Good news for Thane homebuyers: MHADA has reduced the prices of over 6,200 affordable homes in Shirgaon and Khoni under the PMAY-Urban scheme for the Economically Weaker Section (EWS).
Affordable HousingPmayMhadaThaneEwsReal Estate MaharashtraJun 21, 2025
MHADA has announced that the Vice President and CEO, Sanjeev Jaiswal (IAS), has approved the revised pricing for 5,236 homes in Shirgaon. The price of each unit has been increased by ₹1.43 lakh, bringing the total cost to ₹19.28 lakh. In Khoni, the price of 1,012 affordable homes has been reduced by ₹1.01 lakh per house, and the revised sale price for each of these units is ₹19.11 lakh.
Revati Gaikar, Chief Officer of the Konkan Housing and Area Development Board, encouraged citizens who are looking to buy their own house to take advantage of this opportunity. According to MHADA, there is no deadline for purchasing homes under the First Come, First Served category; sales will continue until all units are sold.
Under the EWS category, individuals with a family income of up to ₹6 lakh per annum are eligible to apply. Those earning between ₹6 lakh and ₹9 lakh can apply under the Lower Income Group (LIG) category. Applicants with a family income between ₹9 lakh and ₹12 lakh fall under the Middle Income Group (MIG) category, while those earning above ₹12 lakh per annum are eligible under the High Income Group (HIG) category.
The MHADA is also planning to announce a lottery draw of about 5,000 homes this September-October. Sanjeev Jaiswal, vice president and chief executive officer of MHADA, told reporters in April 2025, 'The MHADA is planning to announce a lottery draw of about 5,000 homes this September-October.' The affordable homes will be announced in different locations of Mumbai, and the details are being finalised. Around 5,200 affordable homes are likely to be part of the draw, which will be announced in the coming months. In 2024, more than 2,000 affordable homes in the price range of ₹29 lakh to ₹6.82 crore were up for sale.
This move by MHADA is a significant step towards ensuring that more low-income families in Thane and Mumbai have access to affordable housing, thereby contributing to the government's goal of Housing for All by 2022.
Frequently Asked Questions
What is the PMAY-Urban scheme?
The Pradhan Mantri Awas Yojana (PMAY) Urban scheme is a government initiative aimed at providing affordable housing to the urban poor. It focuses on building houses for the Economically Weaker Section (EWS) and the Lower Income Group (LIG).
How many homes have been made available in Shirgaon and Khoni?
A total of 6,248 affordable homes have been made available in Shirgaon and Khoni, Thane, under the PMAY-Urban scheme for the EWS.
What are the revised prices for the homes in Shirgaon and Khoni?
In Shirgaon, the price of each home has been increased to ₹19.28 lakh, while in Khoni, the price of each home has been reduced to ₹19.11 lakh.
Who is eligible to apply for these affordable homes?
Individuals with a family income of up to ₹6 lakh per annum are eligible to apply under the EWS category. Those earning between ₹6 lakh and ₹12 lakh per annum can apply under the LIG or MIG categories.
When will the next lottery draw for affordable homes be announced?
The MHADA is planning to announce a lottery draw of about 5,000 homes this September-October. The details of the locations and the exact number of homes are being finalised.
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