Dear Maharashtra Government, Today, its been 5-Years and still Delay in Implementing the Self-Redevelopment Scheme announced on September 13, 2019..!!!
Isn’t it that the Government have shown Dreams and now it seems like this has been converted to Mungerilal ke Haseen Sapne..!!
What is the Self-Redevelopment Scheme About?
- The idea behind the Self-Redevelopment Scheme was simple: let housing societies manage their own redevelopment projects without needing real estate developers.
- The government promised that societies could handle everything themselves, cutting out the middlemen.
- But here we are, 5 years later, still waiting for this plan to become a reality.
What Did the Self-Redevelopment Scheme Promise?
- 10% Extra Floor Space Index (FSI): This was supposed to allow societies to build bigger homes. Still waiting for it…
- 50% Discount on Premiums: This sounds great, but it hasn't been implemented yet.
- 4% Interest Subsidy: This was supposed to make loans cheaper, but it hasn’t happened.
- One-Window Approval System: Instead of simplifying the process, societies are still running around multiple government offices for approvals.
- And many more..
What Has Been Done So Far?
- The only things that have been implemented are a reduced stamp duty of ₹1,000 on certain agreements and faster conveyance of properties. But these are minor parts of the scheme.
- The bigger promises are still “coming soon,” much like delayed construction projects.
Why is Everything Still Stuck?
- It’s been 5 years—what’s taking so long to move from promises to actual work? Did the paperwork get lost, or is it just another case of "we’ll get to it later"?
- Could it be bureaucratic delays, financial issues, or just a lack of interest?
What's Holding the Government Back?
- If the government proposed this plan in 2019 and currently the same parties government is still in power, then why hasn’t it been implemented yet?
- It’s like having all the ingredients to make Khichdi but waiting 5 years to cook it like Birbal Ki Khichadi.
- General Public asks what can be the reason behind delay?
Why Announce a Great Plan if It Won’t Be Implemented?
- A scheme that helps housing societies manage their own projects, reduces corruption, and ensures better homes should be a no-brainer.
- If it’s such a great idea, why is it taking so long to see any progress?
- Was the announcement just for show to lure voters?
Why Even Announce It if There Was No Intention to Implement It?
- It feels like a typical political move—announce a grand plan, get people excited, and then forget about it.
- It’s like inviting people to a party but forgetting to serve the food.
- Badi Badi Bate Vada Paav Khate..
What Could Be the Possible Challenges?
- What are the real obstacles here? The plan is set, and people are ready to take it on. Is it just slow government processes, or is there a deeper issue?
- Maybe it’s just a case of “if it’s working for a few, why rush to help everyone?”
What If the Self-Redevelopment Scheme Was Fully Implemented?
- If the scheme were fully implemented, people in Mumbai could manage their own redevelopment projects.
- Real estate prices could drop by 10-20%, making homes more affordable.
- We wouldn’t need to depend on fly by night developers who often leave projects half-done.
So, Maharashtra Government, What's the Plan?
- It’s been 5 years—it’s time to make this happen.
- If it wasn’t hard to announce the scheme, why should it be hard to implement it?
- People in Mumbai are still waiting. How about turning these promises into real action?
(The author of this article is Nayan Dedhia, Co-Founder & Managing Director, Toughcons Nirman Pvt Ltd.)
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