Major Budget Allocations and Key Projects MHADA recently revised its FY 2024–25 budget to Rs 109 billion and proposed a Rs 160 billion budget for FY 2025–26. Under this plan, Mumbai will see the construction of 5,199 housing units, backed by Rs 57 billion.

Mumbai Board Projects BDD Chawl Redevelopment (Worli, Naigaon, Parel) – Rs 28 billion

PMGP Colony (Jogeshwari East) – Rs 3.5 billion

Paridhi Khadi Redevelopment (Bandra West) – Rs 2 billion

Siddharth Nagar (Goregaon) – Rs 5.7 billion

Hostels at Jijamata Nagar (Parel) – Rs 200 million

Mill Workers’ Housing – Rs 570 million

Sanjay Gandhi National Park Rehabilitation – Rs 2 billion

Survey No. 160 Project (Borivali) – Rs 2 billion

Pahadi Goregaon Project – Rs 1.8 billion

Malvani Slum Improvement – Rs 500 million

Magathane Borivali Project – Rs 850 million

Eksar Borivali Coast Guard Housing – Rs 300 million

Patrachawl Redevelopment (Goregaon) – Rs 200 million

Housing Targets in Other Regions Konkan Board – 9,902 units (Rs 14 billion)

Pune Board – 1,836 units (Rs 5.8 billion)

Nagpur Board – 692 units (Rs 10 billion)

Chhatrapati Sambhajinagar – 1,608 units (Rs 2.3 billion)

Nashik Board – 91 units (Rs 860 million)

Amravati Board – 169 units (Rs 660 million)

Konkan and Nagpur Board Key Allocations Konkan Board

Healthcare center & housing (Thane) – Rs 150 million

100-bed senior citizen home & hostel (Thane) – Rs 300 million

Clubhouse & swimming pool (Virar) – Rs 340 million

Police housing redevelopment (Thane’s Vartak Nagar) – Rs 900 million

PMAY (Urban) Project (Gotegao) – Rs 1.2 billion

Nagpur Board

Chandrapur Special Planning Authority – Rs 3.7 billion

Textile Park Empress Mill Project – Rs 3.5 billion

Conclusion MHADA's extensive investment in housing projects across Maharashtra aims to enhance urban infrastructure and provide affordable housing to thousands of citizens. The redevelopment of BDD chawls, mill workers' housing, and slum improvement projects will significantly impact Mumbai's urban landscape, while expansions in Konkan, Pune, and Nagpur will boost regional development.