India, Nov. 20 -- The Maharashtra cabinet has approved a policy for the integrated and cluster redevelopment of Maharashtra Housing and Area Development Authority Housing (MHADA) colonies, wherein obtaining individual consent from residents will not be required for redevelopment.

The Maharashtra cabinet has approved a new policy for the integrated and cluster redevelopment of Maharashtra Housing and Area Development Authority Housing (MHADA) colonies, under which individual consent from residents will no longer be required. The state says this waiver is justified because the policy offers the highest possible rehabilitation Floor Space Index.

Developers selected through the tender process will still need to secure a consent resolution f...