IndustryLatest Stories

Maharashtra: Experts Warn on Darekar Panel’s Self-Redevelopment Report

PUNE: Housing activists have voiced serious concerns regarding the recommendations from the Pravin Darekar committee on self-redevelopment, stating that the new proposals undermine key benefits established in the state government’s 2019 government resolution (GR) and create new challenges for middle-class homeowners. Housing expert Chandrashekhar Prabhu noted that the committee’s report could strip vital incentives for housing societies, complicating the process for residents. “The 2019 GR offered a 10% increase in FSI as a significant incentive, while the Darekar committee has only recommended a 10% increase in carpet area—offering no real advantage to housing societies,” he explained. According to activists, one…