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Delhi Explores Maharashtra’s Self-Redevelopment Model For Reviving Old Buildings In Capital

Mumbai: Considering that the self-redevelopment of old buildings is gaining success in Mumbai and Maharashtra, the Delhi government intends to explore redevelopment of old and dilapidated buildings in the national capital through the self-redevelopment model of Maharashtra government. SGRA Leads Self-Redevelopment Push The self group development authority (SGRA) headed by BJP MLC Pravin Darekar…

Delhi Explores Maharashtra’s Self-Redevelopment Model For Reviving Old Buildings In Capital

Delhi is considering adopting Mumbai and Maharashtra's self-redevelopment model to revitalize old and dilapidated buildings in the capital city. The Self Group Development Authority (SGRA), led by BJP MLC Pravin Darekar, was established in 2025 to spearhead this self-redevelopment push, with Mumbai Central Cooperative Bank serving as the nodal agency.

As of March 31, 2026, the bank had sanctioned loans worth Rs. 359.15 crore to 18 cooperative housing societies, disbursing Rs. 269.57 crore. Eight housing societies successfully completed redevelopment and eight societies repaid their loans entirely. So far, the SGRA has received 1,600 proposals for self-redevelopment, leading to the completion of nearly 21-22 buildings that provide larger homes for middle-class families.

A team of IAS officers from Delhi recently visited Mumbai to study Maharashtra's self-redevelopment model and assess its potential implementation across India. The study group found the model successful in Mumbai and Maharashtra, believing it could be beneficial for Delhi, particularly in revitalizing old Delhi. During the study, they explored various aspects of the self-redevelopment process, including promotion, dissemination, project management, and the roles of different stakeholders such as housing societies, banks, authorities, project management consultancies, municipal corporations, and the state government.

An SGRA official noted that self-redevelopment societies often receive a significant portion of the land free of cost, along with a corpus fund ranging from Rs. 3.00 lakh to Rs. 58.00 lakh.

Written by urgent.news from Free Press Journal's reporting — not their text. Machine-written — may contain errors; check the original before relying on it.

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