Real Estate Nashik
MHADA Nashik Launches 1,200 Affordable Homes in Satpur Phase II
By GeoSquare News Desk · Published 2026-10-25

MHADA’s Nashik board has unveiled a new affordable housing scheme in Satpur Phase II, adding 1,200 units to the city’s PMAY pipeline. The project is located off the Satpur-Saykheda road, a stretch that is emerging as a key residential corridor for budget homebuyers.
Price and unit mix
Prices are expected to start from ₹25 lakh and go up to ₹40 lakh, making the scheme relevant for first-time buyers and lower-middle-income families. The development will follow green building norms, keeping long-term maintenance costs in check.
Location and civic infrastructure
The site benefits from a proposed civic hospital within a 2 km radius, which should improve daily convenience for residents. The Satpur-Saykheda road also offers decent connectivity to Nashik’s industrial and commercial zones.
Booking and quotas
Bookings open next week. MHADA has set aside special quotas for textile mill workers, reflecting the area’s industrial workforce. Applicants should keep documents ready and track the board’s official schedule for the booking window.