Maharashtra's Chief Minister Devendra Fadnavis has announced that a government resolution (GR) will be issued soon to facilitate the self-redevelopment of cooperative housing societies, aiming to provide bigger homes in Mumbai.
SelfredevelopmentCooperative HousingMumbaiDevendra FadnavisEknath ShindeReal Estate MumbaiJul 14, 2025
The self-redevelopment concept allows cooperative housing societies to redevelop their properties without the involvement of private developers. This initiative aims to provide residents with larger, more spacious homes.
The committee was headed by BJP MLC Pravin Darekar.
The committee recommended financing solutions, streamlined guidelines, and specific provisions for slum redevelopment, cess and non-cess buildings, aviation regulations, and deemed conveyance reforms.
Around 1,600 housing societies have submitted proposals for redevelopment.
The NCDC will provide financial assistance for these projects, and Union Cooperative Minister Amit Shah has been approached for Central support.
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