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Delhi Studies Maharashtra Model to Redevelop Old Buildings
Delhi wants to learn how Mumbai and Maharashtra help residents rebuild old buildings themselves.
This approach lets housing societies work with banks, authorities and project managers.
A Delhi team visited Mumbai to understand how the system operates.
It studied loans, government support, planning and the role of housing societies.
Maharashtra’s authority has received about 1,600 redevelopment proposals.
Loans have been approved for 46 housing societies.
Nearly 21-22 buildings have reportedly been completed.
Delhi officials believe the model could be useful, especially in old Delhi.
The Delhi government is examining Maharashtra’s self-redevelopment model for old and dilapidated buildings.
A Delhi delegation of IAS officers visited Mumbai’s Self Group Development Authority to study the approach.
The authority has received about 1,600 proposals and sanctioned loans to 46 housing societies.
Maharashtra’s Mumbai Central Cooperative Bank has sanctioned Rs. 359.15 crore and disbursed Rs. 269.57 crore for self-redevelopment loans, according to the article.
Officials said nearly 21-22 buildings have been completed, while residents received larger homes and some societies repaid their loans in full.
- Who
- The Delhi government, a delegation of IAS officers, Maharashtra’s Self Group Development Authority and housing societies are involved.
- What
- Delhi is exploring Maharashtra’s self-redevelopment model for reviving old and dilapidated buildings.
- Where
- The study took place in Mumbai, while the proposed redevelopment would apply to Delhi, particularly old Delhi.
- When
- The Delhi delegation visited Mumbai last month; the article also cites figures as of March 31, 2026.
- Why
- Officials are examining the model because it has reportedly helped housing societies redevelop buildings and provide residents with larger homes.
Key facts
- Authority
- The Self Group Development Authority, headed by BJP MLC Pravin Darekar, was formed in 2025.
- Nodal agency
- Mumbai Central Cooperative Bank is the nodal agency for self-redevelopment.
- Proposals received
- About 1,600 proposals have been received by the authority.
- Loans sanctioned
- Loans have been sanctioned to 46 housing societies; the article separately reports Rs. 359.15 crore sanctioned to 18 societies as of March 31, 2026.
- Loans disbursed
- Rs. 269.57 crore had been disbursed to housing societies as of March 31, 2026.
- Completed buildings
- Nearly 21-22 buildings have reportedly been completed.
- Resident benefits
- The article says some society members received larger homes, while members of self-redevelopment societies generally received 30% to 252% of the land free of cost and corpus funds ranging from Rs. 3 lakh to Rs. 58 lakh.
Quotes
An SGRA official
An official from Maharashtra’s Self Group Redevelopment Authority.
“Members of self-redevelopment societies have generally got 30% to 252% of the land free of cost. Also, corpus fund of Rs. 3.00 lakh to Rs. 58.00 lakh has been received.”
freepressjournal.in
Sources
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