The Maharashtra Housing and Area Development Authority (MHADA)'s Konkan Board has revised the prices of 6,248 affordable homes in Shirgaon and Khoni, Thane, under the PMAY-Urban scheme for the Economically Weaker Section (EWS). These homes are available on a First-Come, First-Served basis.
The Maharashtra Housing and Area Development Authority (MHADA)'s Konkan Board has revised the prices of 6,248 affordable homes in Shirgaon and Khoni, Thane, under the PMAY-Urban scheme for the Economically Weaker Section (EWS).
MHADA said Vice President and CEO Sanjeev Jaiswal (IAS) has approved the revised pricing for 5,236 homes in Shirgaon, increasing each unit's price by Rs1.43 lakh to Rs19.28 lakh.
In Khoni, the price of 1,012 affordable homes has been reduced by Rs1.01 lakh per house, and the revised sale price for each of these units is Rs19.11 lakh.
"Citizens who are looking to buy their own house are encouraged to take advantage of this opportunity," said Revati Gaikar, Chief Officer, Konkan Housing and Area Development Board.
According to MHADA, there is no deadline for purchasing homes under the First Come, First Served category; sales will continue until all units are sold.
Under the EWS category, individuals with a family income of up to Rs6 lakh per annum are eligible to apply. Those earning between Rs6 lakh and Rs9 lakh can apply under the Lower Income Group (LIG) category.
Applicants with a family income between Rs9 lakh and Rs12 lakh fall under the Middle-Income Group (MIG) category, while those earning above Rs12 lakh per annum are eligible under the High-Income Group (HIG) category.
The MHADA is expected to announce the draw for approximately 5,000 affordable homes around Diwali 2025.
According to MHADA officials, around 5,200 affordable homes are likely to be part of the draw, which will be announced in the coming months. In 2024, more than 2000 affordable homes in the price range of Rs29 lakh to Rs6.82 crore were up for sale.
