The housing board's Nashik division is offering one to two BHK units across four locations, with prices ranging from ₹11 lakh up to ₹27 lakh under a First Come, First Served scheme.
Nashik's affordable housing segment just got a significant boost. The Maharashtra Housing and Area Development Authority (MHADA) has announced the launch of a fresh inventory of 324 flats across the region, with entry-level pricing that competes with the cost of a premium hatchback.
What happened
The Nashik division of MHADA has made available 324 flats for sale on a First Come, First Served (FCFS) basis. The units are being sold under the board’s 20 per cent Inclusive Housing Scheme. The price band for these homes starts at ₹11 lakh and tops out at ₹27 lakh. The last date to apply for this offer is September 12.
These flats are located in four distinct micro-markets within the Nashik region, namely Makhmalabad, Satpur, Vihit, and Trimbakeshwar (which includes Anjaneri). The offering is a mix of one and two-bedroom configurations targeting the Economically Weaker Section (EWS) and Lower Income Group (LIG) categories.
Why it matters
With entry-level prices beginning at ₹11 lakh, this launch directly addresses the gap in the market for legally clear, authority-backed formal housing. For first-time buyers and industrial workers in the Satpur belt, the cost of a new flat here is significantly lower than prevailing open-market rates in the city. The FCFS model eliminates the uncertainty of a lottery draw, allowing buyers with ready documentation to secure a unit immediately on payment.
Expert view
Real estate analysts note that a price floor of ₹11 lakh in a growing tier-II city like Nashik is a very strategic price point. The key consideration is that Satpur is a major industrial employment hub, while the Trimbakeshwar-Anjaneri corridor holds long-term appreciation potential due to its connectivity and tourism-driven infrastructure. Buyers are acquiring a property that is not just a shelter asset but a stake in a regulated development framework, which is critical for accessing home loans.
What buyers should check
Prospective applicants must verify their income eligibility to ensure they fall strictly under the EWS or LIG categories as defined by the scheme guidelines. They should also physically inspect the connectivity and civic infrastructure status of the specific location they are interested in, particularly comparing the more developed Satpur pocket with the developing corridors of Makhmalabad and Vihit. The deadline to finalise the application is firm; the process closes on September 12.
*This news is based on the official sale announcement by MHADA and was published on MagicBricks News on 2026-09-09.*