‘Essential to be practical and understand the process’

November 2025

Q: What's your take on the redevelopment process in Thane, and how can housing society office bearers make informed decisions?

A: It's crucial for office bearers to consider practical aspects and viability of the project, rather than expecting too much, which can lead to delays and stalled projects. Understanding the developer's capability to implement and complete the project is key. Self-redevelopment can be challenging, so it's essential to weigh the options and make informed decisions to ensure successful redevelopment.

Q: How can residents benefit from the redevelopment process?

A: Redevelopment can make larger homes a reality for Thaneites living in older, smaller homes, which might be out of their budget otherwise. However, it's essential to be practical and understand the process to avoid stalled projects and ensure a smooth transition.

Q: What role do you think developers play in the redevelopment process?

A: Developers play a significant role, but they're not the only ones responsible for delays. Residents also need to take informed decisions and understand the project's viability. It's a collective effort to ensure successful redevelopment.

Q: Any advice for housing society office bearers?

A: Stay united, be practical, and make informed decisions. Understand the project's viability, and don't expect too much. Self-redevelopment can be tough, so consider all options and work together to achieve the best outcome for Thaneites.

~ Mr. Naresh Mhaske
Hon’ble Member of Parliament
Thane City

Source: Thane Realty News

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