Majhe Ghar, Majha Adhikar: Maharashtra’s new housing policy

The Maharashtra government introduced the new housing policy ‘Majhe Ghar, Majha Adhikar’ (My Home, My Right) on May 20, 2025.  Under the new housing policy affordable, sustainable and inclusive residences will be provided to the various sections of society.  The new housing policy emphasises on transparency, real-time monitoring and accountability by way of using IT-based systems that ensure tracking of beneficiary, project progress and fund management. The last housing policy in the state was announced 18 years back in 2007.

What is the target and investment for the new Maharashtra housing policy 2025?

According to the new housing policy 2025, the Maharashtra government aims to construct over 35 lakh homes by 2030 that will include requirements specific to each segment. The policy’s main focus is housing for common man with priority given to the EWS, LIG, senior citizens, women, industrial workers and students. An additional target of 50 lakh homes by 2040 has also been set.

The Maharashtra government will invest around Rs 70,000 crore in this wide-ranging housing program that includes slum rehabilitation and redevelopment among others, mentioned the official statement.

As recommended by Niti Aayog, a Maha Aawas fund of Rs 20,000 crore will be set up that will boost the housing initiatives in the state.

What is the focus of Maharashtra housing policy 2025?

The new housing policy is designed with four basic principles:

• Affordable housing to address economic challenges
• Inclusive housing to address social challenges
• Sustainable housing to address environmental challenges
• Resilient housing to address challenges related to disaster.

Taking into account housing needs of urban and rural areas, following are the focus of the Maharashtra housing policy 2025.

Maharashtra government’s land bank for affordable housing

Under the policy, a land bank of Maha government-owned plots will be created by 2026 and used for developing residential complexes. This will be developed in coordination with the Maharashtra State Road Development Corporation (MSRDC), Maharashtra Industrial Development Corporation (MIDC) and the revenue, forest and water resources department.

Walk to work

Aligning with Prime Minister Narendra Modi’s walk to work vision, under the new housing policy, residences will be developed near employment centres- industrial zones in particular.  Out of the total 20% land reserved for utility purposes in MIDC areas, over 10-30% will be reserved for residential use.

Affordable housing in line with the Pradhan Mantri Awas Yojana Urban (PMAY-U 2.0) scheme will also be developed closer to major hospitals in cities like Mumbai which will be given to patient/ patient’s relatives.

The Maharashtra government has also instructed to implement inclusive housing schemes under DCPR Rule 15 and UDCPR Rule in all metropolitan region development areas in addition to the municipalities with a population of over 10 lakh in the state.

Rental housing

Working women and students will be provided with rental housing under the new housing policy. Also, industrial workers will be provided with rental homes for 10 years. There is a provision proposed that after 10 years, ownership of these rental homes will be transferred to the industrial workers.

Self-redevelopment

The housing policy has proposed a dedicated self-redevelopment cell that will guide housing societies opting for redevelopment with the planning, funding, developer selection and execution. The state government has allotted an initial fund of Rs 2,000 crore towards this.

Dilapidated buildings will be allowed to be redeveloped with incentive FSI on the lines of Regulation 33(7)(A) that will result in faster redevelopment.

Also, to protect rights of the owners in case of redevelopment projects, a tripartite registered agreement between planning authority, developer and society is made mandatory. The developer has to deposit all money received as advance in an escrow account so that interest of the home owners are protected.

Slum-rehabilitation projects

The housing policy proposes the use of central government land for slum rehabilitation projects with focus on cluster redevelopment.  The housing policy also has proposed taking funding from the central government department concerned.  Use of corporate social responsibility (CSR) funds are also proposed for slum rehabilitation projects.

Compulsory registration: To protect the rights of the slum dwellers, registration of an agreement between slum dweller and developer with minimum stamp duty has been made mandatory.

Inclusion of common areas under rehabilitation: Common areas such as parking, staircase, lifts and lift lobbies will be a part of the rehabilitated area, as part of the housing policy. This is done to incentivise developers. Also, the urban development department will look at providing an incentive floor space index (FSI) for this.

SRA projects with no progress: For slum rehabilitation schemes that see no progress even after repeated meetings, the policy will aid in selecting new developers by way of a transparent bidding process.

SRA projects that are stalled in MMR: The SRA projects that are stalled in the MMR region count over 228 projects. Under the new housing policy, the government has approved their development through joint partnerships with agencies such as BMC, Mhada, Cidco, MIDC, MMRDA, MahaHousing, SSPL etc.

Grievance redressal mechanism

A state-level grievance redressal mechanism will be formed according to the housing policy that will ensure quality control, act as mediator between the beneficiary and the developer and ensure timely completion of redevelopment projects.

How to check the schemes available under the Maharashtra Housing Policy 2025?

All the schemes available under the new housing policy will be available on a centralised housing information portal – namely Maha Awaas portal (proposed), that will be developed using artificial intelligence (AI). The Maha Awaas portal will coordinate data on housing demand and supply, geo-tagging of housing units, fund distribution and district-wise land banks. It will also integrate with platforms like MahaRERA, MahaBhulekh and PM Gati Shakti.

What are the special groups for which housing schemes have been proposed?

Housing schemes have been proposed for

• government employees
• ex-servicemen
• freedom fighters
• differently-abled people
• journalists
• artists
• mill workers
• mathadi workers
• airport staff

Real estate impact of the Maharashtra housing policy 2025

The Maharashtra housing policy 2025 is expected to boost the state’s economy. According to housing minister and deputy chief minister Eknath Shinde, with this policy, there will be a flow of large-scale investments in the key sector, which will significantly boost Maharashtra’s goal of becoming a $1 trillion economy by 2032.

Dr Niranjan Hiranandani, chairman- Naredco  and Hiranandani Group, said, “The newly unveiled State Housing Policy is a visionary move that aligns with Maharashtra’s aspirations to cement its position as India’s economic powerhouse. This comprehensive plan, with strategic emphasis on rental housing for working women, students, and industrial workers, is a transformative step toward addressing the urgent need for affordable urban housing.”

“Initiatives such as the walk-to-work model near employment hubs, supported by robust multi-modal infrastructure and last-mile connectivity, will catalyse industrial and commercial real estate, paving the way for an integrated urban development model. Over time, this will generate tremendous demand for residential real estate, including townships and cluster developments. For the real estate industry, this landmark policy presents an immense opportunity to reform urban landscapes while transforming business models to meet rising housing demand. This is not just a step forward—it’s a leap toward building a globally competitive real estate ecosystem that serves all stakeholders,” he added.

Prashant Sharma, president, Naredco Maharashtra said, “The ‘Majhe Ghar – Majhe Adhikar’ policy is a commendable step in realising the vision of Housing for All in Maharashtra. With a robust investment plan of Rs 70,000 crore and a clear target of constructing 3.5 million homes over the next five years, the government is prioritising inclusive urban development. The focus on slum rehabilitation, redevelopment, and the creation of a MahaAwas Fund will be instrumental in addressing the housing shortage and improving the urban landscape. We believe this progressive policy will provide a significant boost to real estate, create large-scale employment, and ensure dignified living for citizens across income groups.”

Calling it a landmark decision with the potential to change the face of urban housing in Maharashtra, Nishant Deshmukh, founder and managing partner, Sugee Group, said, “The comprehensive approach — from slum rehabilitation to providing homes for working women, senior citizens, and labourers — reflects the government’s inclusive vision. With strategic funding and transparent implementation, this policy can unlock massive redevelopment opportunities in cities like Mumbai, while also ensuring social equity and improved quality of life.”

Calling it a visionary move coming after nearly two decades, Manish Jain, president, CREDAI-Pune Metro, said, “With a focused commitment to build 35 lakh homes for EWS and LIG communities by 2030, and provisions for women, students, senior citizens and industrial workers, the policy is a timely and progressive step towards housing for all. This will also boost employment and economy while helping lakhs of citizens with the basic need of their own home. CREDAI-Pune Metro wholeheartedly supports this initiative and stands ready to collaborate with the government to ensure its successful implementation.”

Housing.com POV

For the first time after 2007, the Maharashtra state government has formulated an all-inclusive housing policy with sustainability and modern technology playing key roles for its execution. The use of heat-resistance materials and environment-friendly designs such as development of the area with extensive tree plantation and open spaces will raise the bar of residential housing in the state. The new housing policy and the state level grievance redressal system will ensure that delays caused because of lack of clarity, approvals etc. will be avoided and malpractices will be completely eliminated.