{"id":20434,"date":"2023-04-10T10:53:48","date_gmt":"2023-04-10T05:23:48","guid":{"rendered":"https:\/\/magicsheds.in\/index.php\/2023\/04\/10\/mhada-budget-fy24-allocates-rs-5800-crore-for-affordable-housing\/"},"modified":"2023-04-10T10:53:48","modified_gmt":"2023-04-10T05:23:48","slug":"mhada-budget-fy24-allocates-rs-5800-crore-for-affordable-housing","status":"publish","type":"post","link":"https:\/\/magicsheds.in\/index.php\/2023\/04\/10\/mhada-budget-fy24-allocates-rs-5800-crore-for-affordable-housing\/","title":{"rendered":"MHADA Budget FY24 allocates Rs 5,800 crore for affordable housing"},"content":{"rendered":"

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In the Maharashtra Housing and Area Development Authority’s (MHADA) budget 2023-24, presented on April 6, 2023, a total budget of Rs 10,186.73 crore was presented, out of which Rs 5800.15 crore has been allocated for affordable housing. The budget proposes construction of 12,724 flats in Maharashtra including Aurangabad, Amravati, Mumbai, Pune, Nashik and Konkan regions.<\/p>\n<\/p>\n

Budget allocation under various MHADA boards<\/strong><\/h2>\n\n\n\n\n\n\n\n\n\n
MHADA Board<\/strong><\/td>\nNo. of Units<\/strong><\/td>\nbudget allocated<\/strong><\/td>\n<\/tr>\n
MHADA Mumbai Board<\/td>\n2,152 units<\/td>\nRs 3,664.18 crore<\/td>\n<\/tr>\n
Konkan MHADA Board<\/td>\n5,614 units<\/td>\nRs 741.36 crore<\/td>\n<\/tr>\n
Pune MHADA Board<\/td>\n862 units<\/td>\nRs 540.7 crore<\/td>\n<\/tr>\n
MHADA Aurangabad Board<\/td>\n1,497 units<\/td>\nRs 212.08 crore<\/td>\n<\/tr>\n
MHADA Nagpur Board<\/td>\n1,417 units<\/td>\nRs 417.55 crore<\/td>\n<\/tr>\n
MHADA Nashik Board<\/td>\n749 units<\/td>\nRs 77.32 crore<\/td>\n<\/tr>\n<\/tbody>\n<\/table>\n

Budget FY24: Redevelopment Projects<\/strong><\/h2>\n

As part of the FY24 budget, Rs 2,285 crore has been allocated for the redevelopment of BDD Chawl. Other redevelopment projects that will be taken up include Antop Hill, Bombay Dyeing Mill-Wadala Scheme, Dharavi Redevelopment Project Phase 1B, Dindoshi, Magathane (Borivali East), Pahari (Goregaon East), Patra Chawl (Siddharth Nagar, Goregaon). Kannamvar Nagar (Vikhroli). Along with this, a budget of Rs 100 crore has been allocated for the development of Police Housing Project Colony.<\/p>\n<\/p>\n\n\n\n
Have a question or perspective on our article? We would love to hear from you. <\/i><\/b>Write to our Editor-in-Chief Jhumur Ghosh at <\/i><\/b>jhumur.ghosh1@housing.com<\/i><\/b><\/td>\n<\/tr>\n<\/tbody>\n<\/table>\n<\/p>\n
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