Mumbai Society Redevelopment Rules 2026 | Banke India

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Mumbai Real Estate Insights · Redevelopment Society Redevelopment in Mumbai: What Members Should Know in 2026 Redevelopment has become genuinely easier to approve in Mumbai, and self-redevelopment specifically has grown into a real alternative to handing the project to a private developer. This Banke India guide covers the current rules. Consent Thresholds Have Dropped A redevelopment resolution now needs just 51% member consent to pass, down from the previous 70% threshold. Self-redevelopment specifically requires 75% consent to file the application, but 100% consent is mandatory before the first loan disbursement.

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