India, July 28 -- The Maharashtra government has recently formalised the Maharashtra Housing Policy 2025, titled My House, My Right, with a vision to ensure affordable and adequate housing for all citizens.

The policy outlines key goals, such as redeveloping old buildings, rehabilitating slum dwellers, and revitalising stalled real estate and slum redevelopment projects through public-private partnerships.

A significant initiative under the policy is the creation of a dedicated land bank for residential use by 2026, aimed at streamlining housing development across the state. In a notable move to promote senior living housing, the government has introduced a game-changing incentive, a dramatic reduction in stamp duty to a flat rate of ju...