In a welcome move for aspiring homeowners, the Maharashtra Housing and Area Development Authority (MHADA) has revised prices for over 6,200 affordable housing units under the Pradhan Mantri Awas Yojana – Urban (PMAY-U) in Thane district. The Konkan Housing and Area Development Board has slashed or adjusted flat prices in the Shirgaon and Khoni areas under the Economically Weaker Section (EWS) category, providing eligible buyers with a unique first-come, first-served opportunity to own a home.
With no deadline and transparent income-based eligibility criteria, this development is poised to make homeownership accessible to many lower-income families in Maharashtra.
Quick Highlights: MHADA PMAY Affordable Housing in Thane
| Category | Details |
|---|---|
| Total Flats Announced | 6,248 units |
| Project Areas | Shirgaon (5,236 units), Khoni (1,012 units) |
| Scheme Type | PMAY-Urban – EWS Category |
| Price in Shirgaon | ₹19.28 lakh per unit (increased by ₹1.43 lakh) |
| Price in Khoni | ₹19.11 lakh per unit (reduced by ₹1.01 lakh) |
| Allocation Scheme | First-Come, First-Served |
| Income Eligibility | Up to ₹6 lakh per annum for EWS |
| Authority | MHADA – Konkan Board |
Price Revisions in Shirgaon and Khoni
MHADA’s Konkan Board has made price adjustments to ensure affordability and better market fit for two major housing clusters in Thane:
- Shirgaon (5,236 homes): Prices have been revised upward by ₹1.43 lakh, now priced at ₹19.28 lakh per unit.
- Khoni (1,012 homes): In contrast, prices have been reduced by ₹1.01 lakh, bringing the cost down to ₹19.11 lakh per unit.
These homes are available on a First-Come, First-Served basis, offering equal opportunity to all eligible applicants without the need for a lottery draw.
Income-Based Eligibility Categories
MHADA has clearly defined income slabs for various categories:
- EWS (Economically Weaker Section): Income up to ₹6 lakh/year
- LIG (Lower Income Group): ₹6 lakh – ₹9 lakh/year
- MIG (Middle Income Group): ₹9 lakh – ₹12 lakh/year
- HIG (High Income Group): Above ₹12 lakh/year
The current price revision specifically benefits EWS applicants.
Official Quotes
“Citizens who are looking to buy their own house are encouraged to take advantage of this opportunity,” said Revati Gaikar, Chief Officer, Konkan Housing and Area Development Board.
Sanjeev Jaiswal (IAS), Vice President and CEO of MHADA, approved the revised rates, aiming to balance affordability with demand.
What’s Next: MHADA Diwali 2025 Lottery in Mumbai
MHADA has also announced plans to roll out another 5,000 affordable homes in Mumbai through a lottery draw around Diwali 2025 (September–October).
“MHADA is planning to announce a lottery draw of about 5,000 homes this September-October,” confirmed Sanjeev Jaiswal in April 2025.
These homes will cater to different income groups and are expected to be spread across key Mumbai suburbs, with prices ranging from ₹29 lakh to ₹6.82 crore, as seen in 2024 offerings.
FAQ Section
1. Who can apply for these revised PMAY homes in Thane?
Only individuals with a family income up to ₹6 lakh per annum qualify under the EWS category. Other income brackets can apply under LIG, MIG, or HIG as per eligibility.
2. What is the price of the flats in Shirgaon and Khoni after revision?
- Shirgaon: ₹19.28 lakh per unit
- Khoni: ₹19.11 lakh per unit
3. Is there a deadline for booking these homes?
No. These flats are offered on a First-Come, First-Served basis, and will be available until sold out.
4. Will there be more affordable housing opportunities from MHADA in 2025?
Yes. MHADA is planning a Diwali 2025 lottery with about 5,000 homes across Mumbai.
5. Where can I get more information or apply?
Interested buyers should visit the official MHADA website or contact the Konkan Housing and Area Development Board for application details and eligibility verification.