Up to 10,000 Maharashtra Housing Societies Await Single-Window Clearance for Self-Redevelopment

Up to 10,000 Maharashtra Housing Societies Await Single-Window Clearance for Self-Redevelopment

Up to 10,000 Maharashtra Housing Societies Await Single-Window Clearance for Self-Redevelopment

Up to 10,000 cooperative housing societies from key cities like Pune, Mumbai, and Thane are eagerly awaiting the implementation of a single-window clearance system to kickstart the self-redevelopment of properties that are 30 years old and above. The proposal, first outlined in a Government Resolution (GR) issued on September 13, 2019 by the state housing department, aimed to streamline clearances by designating the Maharashtra State Cooperative Bank as the nodal agency.

Roadblocks to Redevelopment

Despite the promise of a simplified approval process, many housing societies remain stalled due to clearance issues from multiple departments. Suhas Patwardhan, Chairman of the Maharashtra State Cooperative Federation, highlighted that out of the state’s 1.25 lakh registered housing societies, nearly 50% are considering redevelopment options. “According to a recent discussion, 8,000-10,000 societies have expressed their interest in going for redevelopment, but they are hesitant because of the cumbersome clearance process from various departments,” Patwardhan explained.

Federation members have repeatedly reached out to the Chief Minister, urging him to implement the single-window system to remove these bottlenecks and enable societies to proceed with self-development projects. “We hope that the CM meets our demand, paving the way for societies to take up self-redevelopment,” he added.

Proposed Benefits and Current Hurdles

The single-window system is designed to create an integrated, online platform where housing societies or developers can submit their redevelopment plans. The system would automatically forward proposals to the respective departments for scrutiny, suggest necessary corrections, and eventually provide details on premiums, fees, and taxes—all payable online. Once the process is complete, NOCs and approvals would be issued digitally, ensuring transparency and significantly reducing waiting times.

Advocate Shreeprasad Parab, expert director of the Maharashtra State Housing Federation, noted that the government had even proposed a 4% subsidised loan to support societies opting for self-redevelopment. “The single-window system will ensure transparency and help in ease of doing business. It will also push for the speedy development of our cities while protecting citizens' rights. We have been regularly following up with the government, and it is about time they make it happen,”.

However, many societies continue to face hurdles. A member of one such housing society shared that obtaining clearances has been particularly challenging due to delays from departments handling property tax, electricity, and other regulatory approvals. “This is a major hurdle for taking forward the redevelopment projects because societies may have to wait for years to secure the clearances,” the member lamented.

The Way Forward

State cooperative department officials have mentioned that no self-redevelopment proposals have been received since the government announced that deemed conveyance for such projects should be granted within a month. Meanwhile, the Centre, through the National Cooperative Union of India, has been encouraging self-redevelopment as a strategy to make housing more affordable.

As housing societies in Maharashtra continue to wait for a streamlined approval process, the implementation of a single-window clearance system could be the catalyst needed to unlock the potential of self-redevelopment, fostering affordable housing and contributing to urban renewal.

About the author
Sandeep Sadh

About Sandeep Sadh

Sandeep Sadh has been in the real estate business since 1993 in Mumbai. He has expertise in Buying, Selling, Leasing properties in Mumbai and a deep understanding of legal and tax related matters due to his experience.

Summary

Over the years, he has experienced the City's growth. He has been a columnist in the Times of India with numerous articles, which bring about a clear picture of the real estate market in Mumbai. He is a regular on NDTV, CNBC, ET Now Real Estate and Zee News, giving his experienced quotes as and when required.

Sandeep Sadh has used information and technology since the year 1998 and now what people call it Prop Tech to cater to the needs of Home Buyer, Seller, Investor and Corporates, HNI and NRI looking to Buy/Sell or Lease their properties in the Mumbai Property Market.

Sandeep has a holistic experience of real estate be it Leasing an Apartment for your CEO in the most upmarket buildings, to enter into a long lease for your office in Mumbai in prime buildings or an Investment in good projects with a detailed analysis keeping in mind the Demand and Supply and other micro factors of the project/property.

Sandeep Sadh has developed a few websites like www.mumbaipropertyexchange.com, www.realestatemumbai.com, www.propi.in which augment the real estate consulting business.

Right from Investments in Primary Markets to Selling, leasing and specializing for NRI’s all over the world. He is an expert in NRI Home Buying and Selling and has a good understanding of the Income Tax laws pertaining to Selling a Property and Repatriating funds overseas or reinvesting based on Capital Gains etc.

Experience

  • Residential Leasing
  • Commercial Leasing
  • Residential Home Buying
  • Commercial Property Buying
  • Investment Properties with complete Property Management as your Real Estate Family office

While transacting in the above segments, he has complete experience and deep understanding of the paper work, his areas of expertise are :

  1. Drafting of the Leave and License Agreements
  2. MOU for Buying/Selling Properties
  3. Drafting Agreement for Sale
  4. Gift Deeds
  5. Computing of Capital Gains with current ready reckoner values
  6. Drafting of Supporting Power of Attorney.

As an add on Service, Sandeep Sadh has tied up with various Professionals like Lawyers and Chartered Accountants who add value in transacting and specially services for Non Resident Indians.

Application to Income Tax for Lower Tax Deduction Certificate – Through a qualified CA and keeping a grip on the traction so that the remittance back to Non Resident Indians after Selling the property is seamlessly transferred.

You can connect with Sandeep Sadh on ssadh@mumbaipropertyexchange.com

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