Indiatimes iconIndiatimesOct 1, 2026

Maharashtra housing redevelopment gets stricter: Three bids, registered rehab agreements and two-year deadline

Maharashtra's revised redevelopment framework emphasizes tracking project progress and providing safeguards for housing societies. Societies are now required to obtain project management reports within two months and must evaluate three developer bids.

Maharashtra housing redevelopment gets stricter: Three bids, registered rehab agreements and two-year deadline

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Maharashtra's revised redevelopment framework emphasizes tracking project progress and providing safeguards for housing societies.

Societies are now required to obtain project management reports within two months and must evaluate three developer bids.

Members will have the right to inspect records related to redevelopment free of charge, which promotes transparency in the process.

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The useful part

Maharashtra's revised redevelopment framework emphasizes tracking project progress and providing safeguards for housing societies. Societies are now required to obtain project management reports within two months and must evaluate three developer bids. Members will have the right to inspect records related to redevelopment free of charge, which promotes transparency in the process.

How it works

  • Developers must sign agreements within three months, with projects expected to complete in two years.

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