by GharFriend.com
The Maharashtra government has unveiled a bold new housing policy that promises to reshape the urban and semi-urban residential landscape. Titled “Majhe Ghar, Majha Adhikar” (My Home, My Right), this is the first state housing policy in 17 years, and it’s nothing short of a game-changer. With a clear target to build 35 lakh affordable homes by 2030, this initiative sets the foundation for inclusive, smart, and sustainable housing.
🏗️ The Vision: Affordable Homes for All
Under this visionary policy, the government aims to:
- Invest ₹70,000 Crores
- Construct 35 lakh homes across the state by 2030
- Target Beneficiaries:
- Economically Weaker Sections (EWS)
- Lower Income Groups (LIG)
- Working women
- Senior citizens
- Students
- Industrial workers
This massive investment is expected to increase housing stock, reduce slum dependency, and improve quality of life across Maharashtra’s urban and semi-urban belts.
🏘️ Redeveloping the “Vertical Slums”
Many aging SRA buildings in cities like Mumbai and Thane are now being classified as “vertical slums” due to poor planning and decay. The new policy proposes cluster redevelopment to:
- Rebuild these outdated structures
- Create better-planned layouts
- Offer modern infrastructure and lifestyle amenities
✅ Result: Better planning, better living.
🔁 Introducing the Rent-to-Own Model
To bridge the ownership gap, especially for the working class, Maharashtra has proposed a Rent-to-Own Model:
- Rent for 10 years → Own the home!
- Especially helpful for:
- Working women
- Students
- Industrial laborers
This model adds affordability without compromising security of tenure — making homeownership a reality for thousands.
🧠 Tech Meets Housing: Land Bank & AI Portal
Digital innovation is at the heart of this policy.
📍 Land Bank Creation: The government will pool together available state land to streamline housing development.
📊 AI-Powered Portal: A new tech platform will be introduced to:
- Track housing demand
- Monitor funding
- Match land availability with project needs
➡️ This ensures transparency, faster approvals, and smarter execution.
🛠️ Support for Self-Redevelopment
Housing societies no longer need to wait endlessly for builders.
Under this policy:
- A dedicated ₹2,000 crore support fund will be available
- A self-redevelopment cell will provide guidance and technical support
✅ Empowering societies to redevelop independently and regain control over their housing destiny.
💰 Maha Aawas Nidhi – ₹20,000 Crore Boost
To accelerate the rollout, the government has established the Maha Aawas Nidhi, a ₹20,000 crore dedicated fund that will:
- Finance housing projects
- Boost construction in urban and semi-urban areas
- Ensure continuous liquidity to builders and developers
🏡 This is expected to unlock stalled projects and catalyze new developments across the state.
📌 Conclusion: A Bold, Inclusive Housing Mission
Maharashtra’s Majhe Ghar, Majha Adhikar is more than just a policy — it’s a mission to build homes, dignity, and economic inclusion. With 35 lakh new homes, rent-to-own options, AI tracking systems, and support for self-redevelopment, this blueprint sets a national benchmark for housing governance.
🔑 Whether you’re a homebuyer, real estate investor, or housing society member, this policy opens a door to opportunity.
📞 Need Help with finding your dream home?
Contact Uddesh Gupta at 9967524252
Visit: 2Bedroom with ambiguous Lifestyle
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