MHADA Announces Rs 37,775 Crore Revamp Across Bandra, Worli, Versova

The Maharashtra Housing and Area Development Authority (MHADA) is getting ready to start massive reconstruction projects in three desirable metropolitan locations—Bandra Reclamation, Worli, and Versova—as part of a significant effort to address Mumbai’s ongoing housing problem. One of the biggest in scope, the forthcoming Bandra Reclamation Project would help about 1,631 families by redeveloping 52 […]
Samruddhi Mahamarg, Other Project Inaugurations By PM Modi Postponed Due To Security Escalation

Several significant transport and infrastructure projects in Mumbai that Prime Minister Narendra Modi was supposed to inaugurate on May 1 have been delayed because of increased security concerns in the wake of the recent terrorist incident in Pahalgam, Jammu & Kashmir, on April 22. The completed Igatpuri-to-Thane section of the Samruddhi Mahamarg expressway, the new […]
MHADA CEO Sanjeev Jaiswal Sets 6-Week Deadline For Redevelopment NOCs Under Right To Service Act

At the 2nd Redevelopment Conference and Investors Summit hosted by the Maharashtra Housing and Area Development Authority (MHADA), Sanjeev Jaiswal, IAS, Vice President and Chief Executive Officer (VP & CEO), announced a significant policy reform aimed at fast-tracking the redevelopment of old cessed buildings in Mumbai. Under this new directive, proposals submitted under Section 79A […]
Dominic Romell Projects Rs 1 Lakh Crore Future For MHADA At Redevelopment Conference

By Sidhant Shekhar Jha Calling for a paradigm shift in Mumbai’s redevelopment landscape, Dominic Romell, Managing Director of Romell Group, projected a bold future for MHADA. Speaking at MHADA’s “Redevelopment Conference and Investors Meet” at MIG Cricket Club, he said, “If systemic issues are resolved and efficiencies are scaled up, MHADA has the potential to […]
Accelerate Infrastructure Or Risk Public Backlash, Warns Niranjan Hiranandani At MHADA Redevelopment Meet

By Sidhant Shekhar Jha Amidst the rapid acceleration of Mumbai’s redevelopment wave, veteran real estate leader Niranjan Hiranandani has issued a stark warning: if infrastructure development does not keep pace with the city’s housing surge, significant backlash could follow. At the “Redevelopment Conference and Investors Meet” organised by MHADA at MIG Cricket Club, top industry […]
MHADA Unveils Ambitious Plan To Build 30 Lakh Affordable Homes By 2030 Under PM-Supervised Growth Hub

By Sidhant Shekhar Jha In a significant push towards resolving Mumbai’s housing crisis, the Maharashtra Housing and Area Development Authority (MHADA) announced its ambitious target of constructing 30 lakh affordable homes across the Mumbai Metropolitan Region (MMR) by 2030. This initiative forms a key part of the Prime Minister-supervised Growth Hub plan, aimed at transforming […]
Mumbai Redevelopment Gets A Boost At EODR 2.0 With 3,000+ Housing Societies & 40 Developers

In a significant step towards revitalising Mumbai’s ageing housing stock, CREDAI-MCHI successfully concluded the Ease of Doing Redevelopment (EODR) 2.0 at the Jio World Convention Centre. The event witnessed an impressive turnout, bringing together over 3,000 housing societies and more than 40 renowned developers, along with legal experts, architects, urban planners, and policymakers. At the […]
Mumbai’s Redevelopment Boom: Transforming Skyline, Straining Infrastructure

Mumbai’s skyline and real estate market are changing due to a major wave of renovation. In order to address space constraints, aged structures, and rising housing demand, thousands of projects are now underway. Modern housing is brought about by redevelopment, which also stimulates economic growth, but worries about the impact on the infrastructure, architectural homogeneity, […]
MHADA’s Budget Plans 19,497 Homes, Faces Low Demand Outside Mumbai

With a budget of Rs 9,202.76 crore for 2025–2026, MHADA plans to build 19,497 homes throughout its regional boards. The Konkan board plans to build 9,902 dwellings with a budget of Rs 1,408.85 crore, while the Mumbai board will build 5,199 homes with a budget of Rs 5,749.49 crore. However, demand for MHADA housing outside […]
MHADA To Build 19,497 Housing Units Across Maharashtra In 2025–26

In the next fiscal year 2025–2026, the Maharashtra Housing and Area Development Authority (MHADA) wants to build 19,497 housing units around the state. Its regional boards in Mumbai, Pune, Konkan, Nashik, Amravati, Chhatrapati Sambhajinagar, and Nagpur will handle this. The approved yearly budget includes a financial provision of Rs 9,202.76 crore for the endeavour. MHADA […]