Self-Redevelopment Gets A Boost With Proposal For 10% Additional Carpet Area For Housing Societies
July 15, 2025: In a significant step to encourage self-redevelopment of housing societies in Maharashtra, a government-appointed committee has proposed granting a 10% additional carpet area to residents undertaking such projects. The move aims to incentivise residents to independently redevelop their buildings without involving private builders, allowing them to retain control and enjoy the full […]
New Self-Redevelopment Guidelines To Accelerate Mumbai Housing Projects
July 15, 2025: In a significant move aimed at reshaping Mumbai’s housing sector, Maharashtra Chief Minister Devendra Fadnavis chaired a high-level meeting at Vidhan Bhavan on Monday to review the report submitted by the ‘Cooperative Housing Societies Self-Redevelopment – Cluster Self-Redevelopment Study Committee’. The much-anticipated report, presented by MLC Pravin Darekar, is intended to streamline […]