July 25, 2025: In a significant push for self-redevelopment in Maharashtra, a government-appointed committee has proposed granting residents of housing societies an additional 10% carpet area as an incentive for undertaking redevelopment independently, without involving private developers.
Self-redevelopment allows residents to manage the reconstruction of their own buildings, thereby retaining full control over the project and enjoying the benefits and profits that would otherwise be claimed by a builder or developer.
On Monday, the committee—chaired by BJP MLC Pravin Darekar—submitted its recommendations to Deputy Chief Minister Devendra Fadnavis during a function held at Vidhan Bhavan. The report will now be forwarded to the departments of housing, cooperatives, and urban development for review and further action.
“The proposal, based on feedback from relevant departments, will be approved by the cabinet in due course. The government will issue an official decision on the committee’s recommendations and a report on the actions taken will be tabled in the upcoming assembly session,” said Fadnavis. “These key reforms will help fast-track stalled housing projects across the state and support Mumbaikars in achieving their aspiration of owning spacious, modern homes.”
The committee’s suggestions are expected to give new momentum to self-redevelopment schemes, particularly in Mumbai where many cooperative housing societies are exploring redevelopment options but face challenges related to regulatory approvals, financing, and profitability.
In addition to the 10% additional area proposal, the committee is also considering expanding the scope of the scheme to cover cluster redevelopment—another measure that could transform ageing housing stock across the city and state.
The move is seen as a major step towards empowering homeowners, reducing dependency on private developers, and accelerating urban renewal across Maharashtra.
Source: Times Of India
