Maharashtra Govt Pushes for Self-Redevelopment of Housing Societies: CM Fadnavis
The long-pending dream of many people for bigger homes in Mumbai will soon be realized through the state's push for self-redevelopment of cooperative housing societies, CM Devendra Fadnavis said on Monday. According to a report by PTI, Fadnavis addressed a meeting where the Self-Redevelopment, Group Self-Redevelopment Study Committee, headed by BJP MLC Pravin Darekar, presented its report.
Fadnavis praised the committee for submitting the report ahead of schedule and highlighted its 'in-depth and practical recommendations.' He said that the report would be forwarded to the departments of Housing, Cooperation, and Urban Development for feedback, after which a cabinet proposal would be finalized.
A government resolution (GR) will be issued shortly, and a status report will be presented during the winter session of the state legislature, Fadnavis added. 'Implementation of key recommendations (of the study committee) will accelerate stalled housing projects and help turn the dream of a beautiful and spacious home into reality for many people in Mumbai,' the CM further stated.
The self-redevelopment concept was introduced in 2019, with 18 of the 19 demands raised during the last convention of cooperative societies already fulfilled. However, more clarity and policy reforms were needed, leading to the formation of this study committee on April 24, 2025, under the leadership of Darekar.
The committee has recommended financing solutions, streamlined guidelines, and specific provisions for slum redevelopment, cess and non-cess buildings, aviation regulations, and deemed conveyance reforms. CM Fadnavis also mentioned that the National Cooperative Development Corporation (NCDC) would provide financial assistance for these projects. Union Cooperative Minister Amit Shah has been approached for Central support.
Deputy Chief Minister Eknath Shinde highlighted the benefits of the self-redevelopment model, noting that residents are getting homes between 1,200 to 1,600 sq. ft., as no private developers are involved. 'Small housing projects benefit people directly, which will help realize the dream of every Mumbaikar to own a spacious home. It also offers an opportunity for those who had left Mumbai to return,' Shinde added.
The committee's recommendations will be positively considered, and the Mumbai District Cooperative Bank has already supported the initiative by accepting around 1,600 proposals for redevelopment from housing societies.
This initiative is expected to significantly improve the quality of life for many residents in Mumbai, offering them the chance to live in larger, more comfortable homes without the involvement of private developers. The government's commitment to this program reflects its dedication to addressing the housing needs of the city's growing population.