The Maharashtra Housing and Area Development Authority (MHADA) plans to construct more than 700,000 homes in the Mumbai Metropolitan Region (MMR) over the next five years, according to Sanjeev Jaiswal, the authority’s vice president and chief executive officer. Nearly 550,000 of these units will be developed within Mumbai city limits, Hindustan Times reported.
The housing stock will come from various initiatives, including affordable housing lotteries, inclusive housing projects, redevelopment of old buildings, the revamp of Prime Minister’s Grant Project (PMGP) Colony, and cluster redevelopment projects across the city.
“MHADA is executing several major cluster redevelopment projects in Mumbai, including those at GTB Colony in Sion, SVP Nagar in Andheri, Motilal Nagar in Goregaon, and Kamathipura near Mumbai Central,” Jaiswal said Saturday during a Konkan Board housing lottery event. He added that about 200,000 homes will be developed under cluster redevelopment in the next five to seven years.
Data reviewed by Hindustan Times shows that 120,864 homes are expected to be generated through redevelopment of cessed buildings in South Mumbai under Section 33(7) of the Development Control Regulations (DCR), and another 27,107 under Section 33(9). The Bhendi Bazaar redevelopment project is expected to add 7,769 units, while 19,131 will come from Kamathipura’s redevelopment. An additional 90,677 homes will be created through slum redevelopment projects executed in collaboration with the Slum Redevelopment Authority, and 15,805 units will arise from reconstruction of the PMGP Colony.
Altogether, these efforts will yield approximately 539,118 homes in Mumbai. The developments will include a mix of rehabilitation units, free-sale components for developers, and homes allocated to MHADA for sale through its lottery system.
Across the wider MMR, MHADA is projected to develop another 180,403 units over the next five years. These will be built through schemes such as the Pradhan Mantri Awas Yojana (88,797 homes), Konkan Board housing lotteries (22,606 homes), inclusive housing projects (60,000 homes), 15% quotas from integrated township projects (6,000 homes), and cluster redevelopment and Section 33(5) DCR projects (3,000 homes).
However, only a portion of these homes will ultimately be handed over to MHADA for public sale through lotteries.
During Saturday’s event at Thane’s Kashinath Ghanekar Auditorium, MHADA conducted a lottery draw for 5,354 homes and 77 plots across the Konkan region, excluding Mumbai. Officials said that over the past three years, the Konkan Housing and Area Development Board has sold more than 13,500 homes through three separate lotteries.
Statewide, MHADA has sold around 43,000 tenements in 18 lottery draws over the last three years, according to officials.