Real Estate
MHADA Budget 2026-27: ₹10,585 Crore Earmarked to Build 13,012 Affordable Homes
The Maharashtra Housing and Area Development Authority plans to construct 13,012 affordable homes across its regional boards in the financial year 2026–27 and has allocated ₹10,585 crore for construction.
Mumbai, April 11: MHADA's total budget for 2026-27 is ₹17,430.73 crore, which has received approval.
City-Wise Construction Targets
| Region | Flats | Allocation |
|---|---|---|
| Mumbai | 2,538 | ₹6,747 crore |
| Konkan | 5,112 | ₹1,497 crore |
| Pune | 665 | ₹664 crore |
| Nagpur | 2,008 | ₹1,206 crore |
| Chhatrapati Sambhajinagar | 1,483 | ₹258 crore |
| Nashik | 237 | ₹151 crore |
| Amaravati | 969 | ₹59 crore |
| Total | 13,012 | ₹10,585 crore |
Other Budget Allocations
-
Mumbai Slum Improvement Board (MLA/govt funds): ₹2,711 crore
-
Mumbai Building Repair and Reconstruction Board (cessed buildings repair): ₹661 crore
Budget Overview
| Fiscal Year | Budget |
|---|---|
| 2025-26 (revised) | ₹12,399 crore |
| 2026-27 | ₹17,430.73 crore |
MHADA's Track Record
Since its establishment in 1977, MHADA has constructed 5.27 lakh dwelling units in Maharashtra as of November 2025, according to the state government's Economic Survey 2025–26.