Tag Archives: MHADA

Impact of New Maharashtra Housing Policy on Residential Markets in Mumbai

The recently-released Maharashtra State Housing Policy proposes redevelopment of buildings in 104 layouts of the state-run Maharashtra Housing & Area Development Authority (MHADA) in Greater Mumbai. A developer will be eligible for an FSI (Floor Space Index) of three for the redevelopment of a plot up to 2,000 sq mt, and can get an additional