MHADA to Build 8 Lakh Affordable Homes in Maharashtra Over Next Five Years
Maharashtra Deputy Chief Minister Eknath Shinde, who also oversees the housing and urban development portfolio, announced that the Maharashtra Housing and Area Development Authority (MHADA) will construct 8 lakh affordable homes across the state in the ne
Affordable HomesMhadaMaharashtraHousing LotteryPmayReal Estate NewsFeb 05, 2025
Shinde made this announcement at the housing lottery event held to announce the winners of 2,147 affordable homes and 117 plots in the Konkan division.
Speaking at the event, Shinde said that MHADA will build 8 lakh affordable homes across the state in several income categories over the next five years.
He highlighted that people's trust in MHADA has increased due to its transparent lottery system, with more than 31,000 applications received for the 2,147 houses in the present lottery.
Frequently Asked Questions
How many affordable homes will MHADA construct in the next five years?
MHADA will construct 8 lakh affordable homes across Maharashtra in the next five years.
What is the transparent lottery system implemented by MHADA?
MHADA uses a transparent lottery system to allocate affordable homes, ensuring a fair and equitable distribution process.
Where are the affordable homes for the MHADA lottery 2025 located?
The homes are located in Thane city and district, including Kalyan, Titwala, Palghar, Raigad, Ratnagiri, Sindhudurg's Oras, Vengurla, and Malvan.
How often will MHADA conduct housing lotteries?
MHADA plans to conduct two housing lotteries annually to increase the availability of affordable homes.
What is the Pradhan Mantri Awas Yojana (PMAY)?
The Pradhan Mantri Awas Yojana (PMAY) is a government initiative aimed at providing affordable housing to all by 2022, focusing on the economically weaker sections and lower income groups.
Related News Articles
Gautam Gambhir: The Cricketing Icon with a Staggering Net Worth
Gautam Gambhir's net worth, income, endorsements, business ventures, and investments that make him one of the wealthiest cricketers globally.
Ajit Pawar's Revelation: He Would've Brought Entire NCP Along If Offered Maharashtra CM Post
Maharashtra Deputy Chief Minister Ajit Pawar's shocking statement, NCP, BJP, Shiv Sena, CM Eknath Shinde, politics, Maharashtra CM
Bengaluru Leads the Way with 28% of Total Flex Office Deals
Bengaluru, known for its tech-savvy environment and entrepreneurial spirit, has taken a significant lead in the flex office market, accounting for 28% of the total flex office deals in India.
Ceratec Group and Chaitanya Developers Unveil Tower 108 in Pune's Balewadi
Ceratec Group and Chaitanya Developers have launched Tower 108, a premium commercial project in the heart of Balewadi, Pune. This 108-meter tall building redefines the city's skyline and offers state-of-the-art facilities for modern businesses.
ITC Hotels IPO, Prestige and More: Unlocking Real Estate and Hospitality Value
Jefferies highlights potential value unlocked by the IPO of ITC Hotels and other real estate players like DB Realty and Ventive Hospitality. Explore the prospects and insights.
Redefining Comfortable Living with RNA NG Aroma
RNA NG Aroma, a leading real estate company in Mumbai, is revolutionizing the concept of comfortable living through innovative projects and top-notch construction standards.