
Housing societies in Maharashtra considering self-redevelopment may soon get an added incentive—a proposed 10% increase in carpet area. A state-appointed committee has recommended this move to encourage societies to undertake redevelopment projects independently, without relying on private builders. The proposal aims to speed up urban renewal and reduce disputes linked to third-party involvement.
What the Proposal Suggests
The key recommendation is simple: if a housing society chooses to redevelop its building on its own—without handing it over to a builder—it should be granted 10% more carpet area than what is normally allowed. This would apply to societies that handle funding, approvals, and construction themselves through cooperative models.
Why This Matters for Urban Housing
Mumbai and other cities in Maharashtra have thousands of old buildings that are structurally weak and need redevelopment. Many projects get stuck in legal battles, financial issues, or disagreements with developers. By encouraging self-redevelopment, the government hopes to reduce delays and give residents more control over the process.
Challenges in Self-Redevelopment
While the idea sounds promising, self-redevelopment is not easy. Societies must manage complex paperwork, funding, architectural planning, and contractor selection. Many lack the technical expertise or financial strength to do this smoothly. The proposed 10% extra space could act as a reward that justifies the effort and risk involved.
Relevance for Tier 2 Cities
In Tier 2 cities like Nagpur, Nashik, and Aurangabad, where housing demand is growing, this proposal could help older societies renew themselves without being dependent on real estate companies. It also opens up opportunities for local architects, contractors, and housing finance providers who can assist in the process.
State Government’s Broader Vision
This recommendation is part of a wider effort by the Maharashtra government to make redevelopment more transparent and resident-friendly. Other initiatives under review include easing loan access, simplifying clearance processes, and offering technical help to housing societies taking the self-redevelopment route.
Conclusion
The proposed 10% carpet area incentive could become a game-changer for societies stuck in ageing buildings. While execution will require support and awareness, the shift toward self-redevelopment may lead to faster, fairer, and more community-driven urban transformation—something Tier 2 cities in Maharashtra are increasingly ready for.