Maharashtra Abolishes NA Tax, Eases Path For Redevelopment Of Aging Housing Societies
The Maharashtra government has permanently scrapped the non-agricultural (NA) tax, a move expected to speed up redevelopment and regularisation of older housing societies in cities such as Mumbai, Pune and Thane. State revenue minister Chandrashekhar Bawankule announced on Wednesday that the decision was taken under the direction of Chief Minister Devendra Fadnavis, nearly eighteen months […]
Mumbai Housing Societies Get Boost As Court Removes Consent Hurdle
September 15, 2025: In a ruling set to impact Mumbai’s redevelopment sector, the Bombay High Court has held that a new developer appointed after the termination of the original builder does not require the consent of two-thirds of the previous allottees to register a project with the Maharashtra Real Estate Regulatory Authority (MahaRERA). A division […]
Dahisar Society’s Decade-Long Redevelopment Struggle Highlights Flaws In Mumbai Market
September 15, 2025: A co-operative housing society in Dahisar, which embarked on redevelopment in 2013, continues to grapple with delays, broken promises and financial strain more than a decade later. The project began with assurances of 40% additional space for homeowners, delivery within three years and rent for temporary accommodation. But within a year, the […]
Redevelopment Of 910 Housing Societies To Add Over 44,000 New Homes In Mumbai By 2030
September 11, 2025: Mumbai’s housing landscape is set for a major transformation as 910 housing societies currently under redevelopment are expected to deliver 44,277 new homes by 2030, according to Upgrading Mumbai – The Redevelopment Story, a report released by international property consultant Knight Frank. The majority of these homes—32,354—will come up in the western […]