1. Fast Processing and Streamlined Approvals : The state government has issued a directive to its officers, mandating the processing of self-redevelopment applications within a swift three-month timeframe from the date of application submission. This move aims to eliminate bureaucratic delays and ensure the rapid grant of necessary permissions. District zonal officers have been entrusted with the responsibility of clearing these proposals.

2. Fee Reductions and Waivers : To alleviate the financial burden on housing society members, the government has decided to waive registration and stamp duty payments for redevelopment proposals. Instead, all individuals involved in rehabilitation will now be subject to a nominal INR 100 stamp duty and a registration charge of INR 1,000. This marks a significant departure from the previous system, where stamp duty was based on construction costs.

3. Quick Ownership Process : A recent government regulation (GR) has revolutionized the property ownership process. Housing societies that pass a self-redevelopment resolution with a majority vote and apply for presumed ownership can now expect to receive it within a mere month. This marks a remarkable reduction from the earlier waiting period of six months.

4. Tackling Builder Control Over Land : Historically, builders retained ownership of housing society lands, even after selling all the flats. They did so by renting terraces to advertising and cell tower companies, as well as selling or exploiting parking spaces, transferable development rights (TDRs), and floor space indices (FSIs) to generate additional revenue. The new measures aim to address these issues.

5. Housing Societies in MMR : The Mumbai metropolitan region, encompassing Mumbai, Thane, Palghar, and Raigad, houses between 7,500 and 8,000 housing societies. These societies, some of which are over three decades old, have been grappling with ownership and redevelopment challenges. Approximately 10,000 societies in Mumbai are actively seeking rehabilitation, while an additional 10,000 societies in the metropolitan region outside Mumbai are also keen on reconstruction. These areas include Thane, Kalyan-Dombivali, Navi Mumbai, Raigad, Ulhasnagar, Bhiwandi, and other municipal corporations.

With these progressive measures in place, the Maharashtra government is committed to facilitating the rejuvenation of housing societies in Mumbai and its surrounding regions, offering new hope to residents and bolstering the city’s infrastructure development.