Maha govt sets up authority to promote self-redevelopment of co-operative housing societies

Mumbai, Sep 29 – The Maharashtra government is boosting self-redevelopment for cooperative housing societies by launching a new Self Redevelopment Authority. They’ve named BJP legislator Praveen Darekar as its chairman, granting him cabinet minister-level status.

This step follows a report from the Darekar-led committee, submitted to Chief Minister Devendra Fadnavis on July 14. The committee offered key suggestions to make self-redevelopment easier for societies across the state. The new authority will put those ideas into action.

The housing department released a government resolution today, outlining the authority’s setup and Darekar’s role.

The committee pushed for clear eligibility rules for self-redevelopment. They want a one-window system to speed up all approvals, plus incentives like extra floor space index (FSI), discounts on transferable development rights (TDR), premiums, goods and services tax (GST), land under construction tax, and loan interest. They also suggested allowing redevelopment for buildings near small roads.

Housing societies registered under the Maharashtra Cooperative Societies Act, 1960, and the Maharashtra Flat Ownership Act can qualify for self or group redevelopment, including registered apartments.

Other ideas include better credit options for self-redevelopment projects, a state-backed system for guidance and support, and tying in slum rehabilitation efforts. The committee also covered redevelopment for cess and non-cess buildings.

To help societies get conveyance deeds faster, the group proposed fixes for common hurdles, aiming for quicker “deemed conveyance.”

For eligibility, buildings at least 30 years old count. The clock starts from the possession certificate date or the first property tax payment—whichever comes first.

Societies choosing self-redevelopment get a sweet deal: members can claim 10% more carpet area on top of what they have now, including balcony space. This incentive comes free of premium, goes beyond standard FSI limits, and can’t be sold or transferred to outsiders.

To turn that extra carpet area into built-up space, just add 10% more. But this perk applies only when societies rehouse their current members in the new buildings, the committee noted.


Stay informed on all the latest news, real-time breaking news updates, and follow all the important headlines in world News on Latest NewsX. Follow us on social media Facebook, Twitter(X), Gettr and subscribe our Youtube Channel.