Hindustan Times
Real Estate
Real Estate
Photo credit: Mehul R Thakkar/HT
7 things homebuyers should know about Maharashtra’s Housing Policy 2025
1) 35 lakh homes by 2030: The Maharashtra cabinet has approved the state's much-awaited Housing Policy 2025, aimed at constructing 35 lakh affordable homes in the next five years
Photo Credit: Mehul R Thakkar/HT
2) ₹70,000 crore investment: The policy earmarks ₹70,000 crore to support homebuyers, developers, and key players across the housing sector
Photo Credit: Mehul R Thakkar/HT
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3) First policy since 2007: Majhe Ghar, Majha Adhikar (My Home, My Right) marks Maharashtra’s first major housing policy update in nearly 20 years
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4) Self-redevelopment boost: Maharashtra has set aside ₹2,000 crore, along with a proposed support cell, to assist housing societies in self-redevelopment
Photo Credit: Mehul R Thakkar/HT
5) Push for stalled projects: Incentives will be offered under cluster redevelopment to revive stalled real estate and slum rehab projects
Photo Credit: HT Files
Boost for senior and student housing: Easier tax, Floor Space Index, and stamp duty norms for projects focused on senior living and student housing
Photo Credit: Mehul R Thakkar/HT
Walk-to-work focus: 10–30% of amenity plots in industrial zones must now be earmarked for residential use to support walk-to-work lifestyles
Photo Credit: HT Files
