Maharashtra Housing Policy 2025: Rent-To-Own, Walk-To-Work Vision Makes Housing A Right, Say Experts
The Maharashtra government has approved the Housing Policy 2025, aiming for 35 lakh affordable homes by 2030, focusing on EWS, LIG housing, slum redevelopment, and rental housing.
Maharashtra Housing Policy 2025.
In a landmark decision set to reshape the urban housing landscape, the Maharashtra government has approved the Maharashtra Housing Policy 2025, aimed at providing housing for all while ensuring sustainable and inclusive urban development. The policy lays out a comprehensive roadmap to tackle the challenges of affordability, slum rehabilitation, rental housing, and planned urban growth across the state.
What is the Maharashtra Housing Policy 2025?
The Maharashtra Housing Policy 2025 is a state-wide housing blueprint that envisions creating 35 lakh affordable homes by 2030, especially targeting Economically Weaker Sections (EWS) and Low-Income Groups (LIG). It seeks to achieve this through a combination of public-private partnerships, rental housing models, redevelopment of slums and chawls, and innovative ownership schemes like rent-to-own and self-redevelopment.
It promotes the 'Majhe Ghar, Majha Adhikar' (My Home, My Right) initiative and aims to make housing more accessible, while reducing the pressure on city infrastructure by encouraging housing near industrial zones, thereby supporting the 'Walk to Work' concept. The policy also includes fast-track approvals for housing projects, land pooling mechanisms, promotion of green construction for climate action, and the creation of a centralised digital housing portal to enhance transparency and streamline processes for developers and homebuyers.
'Policy Sends Message That Housing Is Not A Luxury, It's A Right': Industry Players
Real estate leaders have widely welcomed the policy, saying that the policy sends a clear message that housing is not a luxury, it's a right.
Anuj Goradia, director at Dosti Realty, called the move remarkable, and said the blueprint addresses both sustainability and affordability. 'The new housing policy will be a progressive step towards affordable housing and will endow a significant boost to the sector by not only creating enormous employment opportunities but also bring in a win-win situation that can further ensure elevated living for the city dwellers across all the income groups," he said.
He also highlighted how the policy promotes residential development around industrial zones, further enabling the 'Walk to Work' concept. 'One cannot ignore the inclusivity of this policy that promotes redevelopment of unplanned projects like slums, chawls, vertical slums, etc. We definitely look at this policy as an extremely transformational move for the state and a remarkable approach to housing that is futuristic and will boost investor confidence," he added.
Nayan A Shah, chairman and managing director of Mayfair Housing, said the policy reflects a significant shift in recognizing housing as a right. 'The new Maharashtra Housing Policy 2025 is a much-needed shift towards making homeownership a reality for lakhs of families across the state. With its focus on affordable housing, rental stock, and slum rehabilitation, the policy sends a clear message that housing is not a luxury, it's a right."
Shah emphasised how the policy can help fast-track development in upcoming regions like Virar. 'With this policy encouraging faster approvals, land pooling, and private participation, we see great potential to accelerate the delivery of quality homes for the aspiring middle class and working families."
Jash Panchamia, promoter of Suraksha Smart City, praised the 'Majhe Ghar, Majha Adhikar' initiative and the focus on closing the housing gap. 'It addresses the urgent housing needs of the EWS and LIG housing needs while promoting solutions like self-redevelopment and rent-to-own models that are set to bridge the housing gap while paving the way for sustainable urban growth across the state."
He also welcomed the digital and green measures in the policy. 'The integration of new-age technology using green practices for climate action are steps that will ensure responsible and future-ready construction. The proposed centralised digital housing portal will instil transparency and promote ease of doing business thus streamlining the system for developers and homebuyers alike."
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New Delhi, India, India
First Published:
May 29, 2025, 13:01 IST
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