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Maharashtra Housing & Area Development Authority (MHADA) was constituted in 1977 with an aim to extend fair housing opportunities to the residents of Maharashtra. The set-up of this premier Housing Authority in India marked the realization that the demand on the Real Estate and Mumbai Properties had been increasing rapidly.Considering the growing competition in Mumbai Real Estate, Maharashtra Housing & Area Development Authority (MHADA) has strategically altered the housing scenario to cover the entire Maharashtra.Moreover, it functions by inculcating corporate efficiency and prompt administration, and accordingly, was formed out of The Maharashtra Housing Board, The Vidarbha Housing Board, The Mumbai Building Repair and Reconstruction Board, The Maharashtra Slum Improvement Board. Owing to this functional categorization, Maharashtra Housing & Area Development Authority (MHADA) has been able to offer the housing facilities in a successful manner.What makes MHADA commendable is the strategic management of resources in order to offer houses in the suburbs and areas in Mumbai like Majaswadi, Chandivali, Oshiwara and Powai.
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