Overview

• The study committee chaired by Pravin Darekar submitted its self-redevelopment report ahead of schedule on July 14, 2025
• A status report on implementing the committee’s recommendations will be presented to the state legislature during the winter session
• Around 1,600 cooperative housing societies have lodged self-redevelopment proposals with the Mumbai District Cooperative Bank
• The report seeks enhanced bank credit support and has asked the National Cooperative Development Corporation and Union Cooperative Minister Amit Shah for central financing
• Recommendations include streamlined procedures and reforms for slum redevelopment, cess and non-cess buildings, aviation regulations, deemed conveyance, and resident incentives such as additional carpet area and bonus FSI