Is self-redevelopment the better option?
As a number of redevelopment projects get stuck due to differences between the developer and society, self-redevelopment is emerging as a better option, but not without its list of cons
With thousands of housing redevelopment projects stuck in disputes and litigations for over decades in Mumbai and surrounding MMR areas, the concept of self-redevelopment is gradually becoming a talking point amongst members of cooperative housing societies. Legal experts agree that self-redevelopment is advisable in today’s scenario, but they have a word of caution on self-redevelopment and its hidden challenges.
Source: Mid Day
