The Maharashtra Housing Department has issued an important amendment to its earlier Government Resolution (GR) dated 23 February 2024 regarding the redevelopment of 25 cessed buildings in GTB Nagar, Sion Koliwada. The latest GR removes a key requirement that previously made it mandatory for the co-operative housing societies to submit a specific type of resolution before project approval.

The redevelopment project, located on CTS Nos. 1889, 2/89, and 2/12 (pt), is being undertaken by MHADA as the C & D Agency Rustomjee Developers under Regulation 33(9) of the Development Control and Promotion Regulations (DCPR) 2034.


Why the Amendment Was Needed

According to MHADA’s communication dated 25 July 2025, certain procedural requirements imposed in the 2024 GR had become unnecessary and were obstructing implementation.

The 2024 GR had mandated that before redevelopment could proceed:

  • 51% of eligible residents must give individual consents
  • A tripartite agreement must be executed among the appointed developer, MHADA, and the housing society
  • Housing societies must pass a specific resolution as per the Co-operation, Textiles & Marketing Department GR dated 4 July 2019

However, MHADA informed the state government that the requirement related to this society resolution — listed as Point No. 9 — was no longer needed in light of updated approvals and revised compliance frameworks.

The Housing Department, after review, agreed to delete this condition.


What Has Been Changed

Point No. 9 from the 23.02.2024 GR Is Now Deleted

The deleted clause originally stated:

“Before redevelopment, housing societies must complete actions as per the Co-operation, Textile and Marketing Department GR dated 04.07.2019 and submit their resolution to MHADA.”

With the new GR dated 14 November 2025, this clause is officially removed.

This eases one major procedural hurdle for the redevelopment of the 25 buildings in GTB Nagar, speeding up decision-making and reducing paperwork at the society level.


Project Background

The 25 cessed buildings in GTB Nagar, Sion Koliwada—home to long-standing tenants and chawl residents—have been awaiting redevelopment for several years.
The February 2024 GR approved MHADA’s appointment as the implementing agency and formalised the process under DCPR 33(9). The new amendment now simplifies compliance requirements for quicker execution.

Also Read: MHADA Awards GTB Nagar Sion Project to Keystone Realtors (Rustomjee Group)

You May Also Like

This is the rate at which property is sold in the building once occupied by Harshad Mehta

A shop/office in Madhuli (Worli) — the building once occupied by Harshad Mehta — changed hands for ₹5.8 crore (≈1,344 sq.ft), implying a market rate of about ₹43,142/sq.ft and offering a fresh benchmark for prime Worli properties.

Budget 2025: Tax Relief on Two Homes, ₹15,000 Cr SWAMIH Fund & Urban Growth Push Real Estate Forward

The Union Budget 2025-26 brings significant tax relief for homeowners, allowing tax exemptions on two self-occupied properties instead of one. This progressive move enhances homeownership benefits, reducing notional rental tax burdens and making real estate investments more attractive. Additionally, the budget introduces a ₹15,000 crore infusion into the SWAMIH Fund to accelerate stalled housing projects, boosting market confidence. With zero income tax up to ₹12 lakh, middle-class disposable income is set to rise, fueling housing demand. However, industry experts highlight the need for further reforms, including home loan interest deductions and streamlined approval processes, to maximize sectoral growth.

Mumbai property registrations surge 8% YoY in November 2023

·       9713 units registered in November 2023 against 8965 units in November 2022…

Maharashtra Cuts Tree-Felling Approval Paperwork from 11 to 5, Faster Clearances for Projects

Maharashtra simplifies tree-felling approvals by reducing required documents from 11 to 5 and cutting clearance timelines to 15 days, aiming to boost industrial and infrastructure growth.