The Maharashtra Housing and Area Development Authority (MHADA) through its Nashik Housing and Area Development Board has shifted its focus in 2026 toward the redevelopment of aging housing layouts and the launch of new affordable housing lotteries.
As of March 2026, MHADA is actively pushing for the redevelopment of several residential clusters in Nashik that are over 40 years old, aiming to upgrade infrastructure and increase the housing supply in established urban areas.
Key Redevelopment & New Projects in Nashik (2026)
The current strategy focuses on "brownfield" redevelopment (rebuilding existing old sites) and new construction in suburban regions.
| Project Location | Income Group | Housing Units | Current Status (March 2026) |
| Adgaon | LIG & MIG | ~111 Units | Lottery draw pending; infrastructure complete. |
| Chunchale | LIG | 138 Units | Recently included in the 2026 lottery cycle. |
| Pathardi | LIG & MIG | 65 Units | Under final stages of document verification. |
| Satpur | MIG | 40 Units | Redevelopment of older layouts in progress. |
| Makhamalabad | LIG | 48 Units | Proposed for the upcoming affordable housing draw. |
2026 Lottery & Registration Timeline
For those looking to apply for these redeveloped or new units, the Nashik Board has established the following schedule for the current year:
Registration Start: Early February 2026
Application Deadline: March 20, 2026
Final List Publication: Expected April 9, 2026
Lottery Draw Date: Tentatively scheduled for late April or May 2026.
Important Policy Updates
Ageing Layout Policy: MHADA is now focusing on layouts built 40–45 years ago. Instead of repeated structural repairs, these buildings are being completely redeveloped with the help of private developers to provide modern amenities.
Rental Housing: A new rental housing policy has been submitted for approval to provide flexible options for those who cannot yet afford to purchase a home in Nashik's growing market.
Subsidized Rates: Prices for 2026 range from approximately ₹15 lakh for Economically Weaker Sections (EWS) to over ₹60 lakh for High-Income Groups (HIG), significantly lower than the local market rates.
No comments:
Post a Comment