The Maharashtra Housing and Area Development Authority initiates a massive 923-acre project to transform Mumbai housing and boost urban renewal efforts.

MHADA CEO Sanjeev Jaiswal announced that 800 to 1,000 acres of land in Mumbai have been opened for cluster redevelopment over the past year, signalling a major increase in potential housing stock. The initiatives target enhanced affordability through policy rationalisation.

The Maharashtra Housing and Area Development Authority (MHADA) is pivoting towards large-scale cluster redevelopment across Mumbai, aiming to unlock substantial land parcels. This strategic shift prioritizes replacing aging stock and is expected to yield approximately 20,000 new affordable housing units within the next seven years.