Article by posted on May 03, 2025 MHADA Receives 11,334.51 Crore in Actual Receipts in FY25 The Maharashtra Housing and Area Development Authority (MHADA) has reported a significant increase in actual receipts for the financial year 2024–25, reaching Rs. 11,334.51 crore, a 39.69% growth compared to Rs. 8,113.88 crore in FY24. Of the total receipts, Rs. 5,000 crore was recorded under revenue receipts, including income from Floor Space Index (FSI) premiums, interest on investments, building permit fees, rent, and service charges. In addition, Rs. 1,700 crore came from capital receipts, which include revenue from the sale of houses via lotteries and special schemes for unsold commercial units. The Mumbai Slum Improvement Board contributed Rs. 2,200 crore from the district planning office. MHADA had requested Rs. 3,400 crore from the state government, including Rs. 2,350 crore for various schemes and Rs. 1,050 crore for loan repayments. The state government provided Rs. 1,758.60 crore in financial assistance. MHADA has also initiated the online application process for the allotment of tenements to eligible original tenants and residents or their legal heirs residing in transit camps. The deadline for submitting applications is May 20, 2025. AUTHOR