7 Reasons That Societies Should Consider Self-Redevelopment for a Better Future

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  • 4th Mar 2025
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7 Reasons That Societies Should Consider Self-Redevelopment for a Better Future
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Why More Housing Societies Are Taking Redevelopment Into Their Own Hands

For years, housing societies have depended on builders to redevelop aging buildings, often facing delays, abandoned projects, and broken promises. But a growing number of societies are flipping the script—choosing self-redevelopment over traditional builder-led models. By cutting out developers, societies are unlocking greater financial gains, complete control over design, and significantly larger homes for their residents.

What’s fueling this shift?

A mix of policy support, financial feasibility, and the frustration of dealing with unreliable builders. As more societies successfully complete their own redevelopment, the model is proving to be a game-changer in Mumbai and beyond.

Here are seven compelling reasons why societies should seriously consider self-redevelopment.

1. Housing Societies Are Taking Control

With growing concerns over builders delaying or abandoning redevelopment projects, many housing societies have chosen to take matters into their own hands. Instead of relying on developers, societies are now reconstructing their buildings independently through self-redevelopment.

2. The Cooperative Society Becomes the Developer

The self-redevelopment model retains the same key players-architects, contractors, and planners-but replaces the builder with the cooperative housing society itself. This ensures complete control over the project while allowing residents to shape their homes according to their needs.

3. Financial Gains Stay Within the Society

Unlike traditional redevelopment, where surplus flats are sold by developers for profit, self-redevelopment ensures that any revenue generated from additional apartments stays within the society. This financial advantage significantly benefits existing homeowners.

ALSO READ :- MHADA Prepares for Large-Scale Redevelopment of 13,000 Cessed Buildings in South Mumbai

4. Residents Are Reaping the Benefits of Bigger Homes

Multiple societies in Mumbai have already experienced the perks of self-redevelopment.

  • Chithra Housing Society, Chembur: Residents moved from 380-sq-ft apartments to 1,250-sq-ft homes.

  • Purvarang Society, Mulund: Members upgraded from 370-sq-ft flats to spacious 1,100-sq-ft apartments.

  • Patra Chawl, Goregaon: Tenements of 350 sq. ft are set to be replaced with 1,800-sq-ft homes.

5. Full Control Over Construction Design

Some societies have gone the extra mile by managing every aspect of their redevelopment. At Jingprem Housing Society in Charkop, residents selected everything - from the contractor to the tiles and fittings - ensuring complete transparency and quality control. Their project was completed without any loans from financial institutions, making it a landmark in self-redevelopment.

6. Policy Support is Strengthening the Movement

While initial funding posed a challenge, multiple agencies have now stepped in to offer financial backing. A government resolution dated 13th September 2019 introduced numerous benefits and concessions for self-redevelopment. Though full implementation remains pending, the policy shift has encouraged more societies to consider this route.

7. A Growing Movement Across Maharashtra

Once a niche concept, self-redevelopment is now gaining momentum across the Mumbai Metropolitan Region, Pune, Nashik, Nagpur, and Aurangabad. Housing activists believe that if the government streamlines approvals and eliminates corruption, this model could transform into a silent revolution, securing housing rights and empowering citizens.

ALSO READ :- Nargis Dutt Nagar Slum Redevelopment to Transform into Luxury Sea-Facing Flats in Bandra West


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