The Maharashtra Housing and Area Development Authority (MHADA) has announced its target to construct 19,497 housing units across the state in the forthcoming financial year 2025–26.This initiative will be carried out by its regional boards located in Mumbai, Pune, Konkan, Nashik, Amravati, Chhatrapati Sambhajinagar, and Nagpur.A budget of ₹9,202.76 crore has been allocated for this initiative as part of the approved annual budget.
Recently, the authority reviewed and approved MHADA’s revised budget for the fiscal year 2024–25, amounting to ₹10,901.07 crore, along with the proposed budget for the fiscal year 2025–26, which totals ₹15,951.23 crore.Under the Mumbai board, 5,199 housing units are planned for construction in 2025–26, with a financial allocation of ₹5,749.49 crore.
