Maharashtra's 2025 housing policy aims for 3.5 million affordable homes by 2030, increasing ownership through inclusive development strategies.
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Bridging generations: Maharashtra's 2025 housing policy
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Meeting tomorrow's student housing needs today
Maharashtra is experiencing one of India's highest migration rates; however, the current housing infrastructure falls significantly short of demand. Available accommodation can serve only approximately 45-50% of migrant students, creating both a pressing challenges and a substantial development opportunity. Notably, student housing demonstrates potential for higher rental yields compared to traditional office and commercial spaces.
The policy transforms student housing by mandating that all new developments be offered exclusively on a rental basis, ensuring accessibility. Educational hubs like Pune, Mumbai, and Nashik will benefit from purpose-built accommodation near universities, supported by a comprehensive ecosystem of incentives:
- Developers receive mixed-use allowances, flexible payment structures, and tax benefits including a 1% GST (Goods and Service Tax) cap and waived stamp duties
- Operators (universities, colleges, NGOs, trusts) enjoy decade-long property tax reductions and performance-based rewards
- Sustainability initiatives receive support through solar subsidies and innovation grants