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MHADA Budget 2026-27: Housing authority earmarks ₹10,585 crore to build 13,012 affordable homes
MHADA has earmarked a budget of over ₹17,000 crore for 2026–27, of which ₹10,585 crore has been allocated for the construction of over 13,000 affordable homes
Maharashtra Housing and Area Development Authority (MHADA) plans to construct 13,012 affordable homes across its regional boards, including Mumbai, Pune, Konkan, Nashik, Amravati, Chhatrapati Sambhajinagar, and Nagpur, in the financial year 2026–27 and has allocated ₹10,585 crore for construction in the ongoing financial year, as of April 10.
"MHADA's revised budget for the financial year 2025-26 and the budget for the year 2026-2027 were recently submitted to the authority. The authority's revised budget of ₹12,399 crore for the financial year 2025-2026 and ₹17,430.73 crore for the year 2026-27 has recently received approval," MHADA said in a statement.
City-wise construction target
According to MHADA, it proposes to construct 2,538 flats for various income groups in Mumbai, for which provision of ₹6747 crore has been made for construction expenditure in the 2026-27 budget.
Further, in the Konkan region, the MHADA plans to construct 5,112 apartments, setting aside ₹1,497 crore. In Pune, the authority plans to construct 665 flats, allocating ₹664 crore, followed by 2,008 flats in Nagpur for which ₹1,206 crore has been set aside.
The MHADA plans to construct 1,483 flats for various income groups under Chhatrapati Sambhajinagar, allocating ₹258 crore. For Nashik, it has proposed constructing 237 flats, setting aside ₹151 crore. Additionally, the authority has set aside ₹59 crore for constructing 969 flats in Amaravati.
According to MHADA, the 2026-27 budget allocates ₹2,711 crore for work to be carried out by the Mumbai Slum Improvement Board using MLA/government funds. This was followed by allocating ₹661 crore to repair cessed buildings under the Mumbai Building Repair and Reconstruction Board.
Since its establishment in 1977, Maharashtra Housing and Area Development Authority (MHADA) has constructed 5.27 lakh dwelling units in Maharashtra as of November 2025, according to the state government’s Economic Survey 2025–26.mehu
