Home NationalMHADA Thane – Maharashtra Deputy CM Eknath Shinde Orders Reduction in MHADA House Prices in Thane

MHADA Thane – Maharashtra Deputy CM Eknath Shinde Orders Reduction in MHADA House Prices in Thane

MHADA Thane - Deputy Chief Minister Eknath Shinde Directs Pricing Based on Older Ready Reckoner Rates for Chitalsar-Manpada Housing Project

by Team Wire Centre
MHADA Thane - Maharashtra Deputy CM Eknath Shinde Orders Reduction in MHADA House Prices in Thane

MHADA Thane – Maharashtra Deputy Chief Minister Eknath Shinde has ordered a reduction in MHADA housing prices for the Chitalsar-Manpada project in Thane, bringing relief to hundreds of prospective homeowners.

MHADA Thane –  Eknath Shinde Orders Price Alignment Based on 2020-21 Ready Reckoner Rates

 In a high-level virtual meeting with MHADA officials, Deputy Chief Minister Eknath Shinde directed that housing prices in the Chitalsar-Manpada layout in Thane be calculated using the 2020-21 Ready Reckoner rates instead of the inflated 2025-26 rates. Under the revised pricing, the cost of these flats is expected to come down to approximately ₹44 lakh to ₹46 lakh. The decision resolves severe disparities where homebuyers in the same complex were being quoted vastly different prices due to the timing of partial versus full occupancy certificates.

MHADA Thane – Existing 434 Lottery Winners Retained as Remaining Flats Head for Fresh Draw

  Addressing the concerns of previous applicants, Deputy Chief Minister Shinde clarified that 434 winning beneficiaries who have already submitted their acceptance letters will have their allocations safeguarded. Meanwhile, for the remaining unallocated flats out of the 1,173 units in the housing scheme, MHADA will conduct a fresh lottery draw reflecting the reduced price structure. This measure ensures fairness across all allotments within the same residential complex.

MHADA Thane – Homebuyers Welcome Intervention Addressing Price Discrepancies in Thane Project

  The intervention followed persistent complaints from citizens who noticed that flats originally valued around ₹10,000 per square foot (~₹44 lakh) under partial occupancy in 2020-21 were listed at ₹51 lakh to ₹52 lakh upon full occupancy in 2025-26. By enforcing a uniform rate benchmark across all identical units, the state government has provided substantial financial relief to middle-income families seeking affordable housing in Thane’s Ghodbunder region.

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