3 weeks ago

Big Relief For Thane Homebuyers: Eknath Shinde Orders MHADA Price Cut

Big Relief For Thane Homebuyers: Eknath Shinde Orders MHADA Price Cut
Big Relief For Thane Homebuyers: Maharashtra Dy CM Eknath Shinde Orders MHADA Flat Price Cut, Fresh Lottery For Remaining Units · freepressjournal.in

Many people wanted to buy homes in a new housing project in Thane, a city near Mumbai.

The homes were built by a government housing group called MHADA.

Buyers noticed something unfair: people buying the exact same kind of flat in the same building were being charged very different prices.

Some flats cost around Rs 44 lakh while others were priced as high as Rs 52 lakh.

Angry buyers complained to the housing authority.

A very important leader in the state, Deputy Chief Minister Eknath Shinde, listened to their complaints.

He told MHADA to charge one fair price for everyone using older, lower rates.

Now flat prices will drop to between Rs 44 and 46 lakh.

People who already won the first lottery and accepted their flats will keep them at the lower price.

A new lottery will be held so other buyers can also get the cheaper flats.

Key facts

Project Location
Chitalsar-Manpada, Thane
Flat Price Before Reduction
Rs 51-52 lakh (based on 2025-26 RR rates)
Flat Price After Reduction
Approximately Rs 44-46 lakh (based on 2020-21 RR rates)
Total Residential Units Developed
1,173
Units Put Up For Draw
938 (July 14, 2025)
Winners Retaining Allotments
434
Partial OC (2020-21) Pricing
Around Rs 10,000 per sq. ft. (~Rs 44 lakh)

Quotes

Deputy Chief Minister Eknath Shinde

Deputy Chief Minister of Maharashtra

“"MHADA must uniformly apply the 2020–21 Ready Reckoner rates to ensure fairness for all buyers."”
freepressjournal.in

Sources

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