Archive · 11 Aug 2026
Big Relief For Thane Homebuyers: Eknath Shinde Orders MHADA Price Cut
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.
Maharashtra Deputy Chief Minister Eknath Shinde directed MHADA to reduce flat prices at its Chitalsar-Manpada housing project in Thane.
Flat prices at the project will drop from Rs 51-52 lakh to approximately Rs 44-46 lakh, pegged to 2020-21 Ready Reckoner rates.
The 434 winning applicants who submitted their acceptance letters will retain their allotments at the reduced rates.
MHADA will conduct a fresh lottery for the remaining unsold flats at the revised uniform prices.
The decision follows grievances over identical flats in the same building being priced differently based on occupancy certificate status.
- Who
- Maharashtra Deputy Chief Minister Eknath Shinde and the Maharashtra Housing and Area Development Authority (MHADA), including Managing Director Sanjeev Jaiswal and Konkan MHADA CEO Vishal Rathod.
- What
- MHADA was directed to reduce and standardise flat prices at its Chitalsar-Manpada housing project in Thane using 2020-21 Ready Reckoner rates, and to hold a fresh lottery for remaining unsold units.
- When
- Following grievances raised after the project draw held on July 14, 2025; the new directive was issued during a recent virtual meeting (exact date not stated).
- Where
- Chitalsar-Manpada housing project in Thane, Maharashtra, within the Mumbai Metropolitan Region (MMR).
- Why
- To ensure fairness, because identical flats in the same building were being charged drastically different prices depending on their occupancy certificate status and the Ready Reckoner rates applied.
- 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)