Maharashtra tightens housing society redevelopment with 2-year deadline

Maharashtra on Wednesday, 30 September issued a revised redevelopment framework for cooperative housing societies, mandating project completion within two years of the plinth certificate, extendable to three years only in exceptional circumstances. The order replaces the 2019 framework and introduces stricter transparency safeguards. Times of India, Economic Times, Hindustan Times and Indian Express report.

Societies must appoint a project management consultant within two months, obtain at least three developer bids, and execute a development agreement within three months of selection. The developer-selection meeting must be video-recorded in the presence of an authorised officer. Members can inspect all redevelopment records free of cost. At least 51% of total membership must approve redevelopment, with a two-thirds quorum required. Virtual participation is allowed for senior citizens, patients and members abroad. Commercial occupants cannot be vacated until legal approvals and a registered permanent alternative accommodation agreement are in place. Violations may invite action under the Cooperative Societies Act.

Update, 3 October 2026: On 2 October, Hindustan Times added a story on CREDAI-NATCON leadership calling Mumbai the 'mother of redevelopment models' and urging other cities to emulate it. The story includes supportive comments from CREDAI chairman Boman Irani on the new rules and notes concern about the two-year timeline. The other eight sources confirm the same provisions reported on 30 September and 1 October.