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MHADA Slashes EWS Home Prices in Thane Scheme

2025-06-27

The Konkan Housing and Area Development Board (KHADB), a wing of the Maharashtra Housing and Area Development Authority (MHADA), has trimmed the sale price of 6,248 Pradhan Mantri Awas Yojana (Urban) homes in Thane district and placed them on a first-come, first-served basis.

In Shirgaon, the cost of 5,236 units has fallen by about Rs 0.14 million each, from roughly Rs 2.07 million to Rs 1.93 million, while in Khoni the price for 1,012 houses has been lowered by around Rs 0.10 million to about Rs 1.91 million apiece.

KHADB chief officer Revati Gaikar said the cuts aim to help economically weaker-section buyers and urged eligible applicants to apply while stock lasts. The revision, approved by MHADA vice-president and chief executive Sanjeev Jaiswal, underlines the authority’s commitment to enlarging the affordable-housing pool across the Mumbai Metropolitan Region.