Self-redevelopment in Mumbai is experiencing significant growth, largely due to the support of the Self Group Redevelopment Authority (SGRA), established in 2025. This initiative aims to enable housing societies to redevelop cessed and dilapidated buildings without relying on private developers. Since its inception, the SGRA has received over 1,600 proposals from housing societies. However, the process has faced challenges, particularly in securing funding and navigating bureaucratic approvals. The SGRA is working to facilitate funding through cooperative banks and has proposed a budget of ₹2,200 crore for operational costs and project support. Despite these efforts, restrictions imposed by the Reserve Bank of India (RBI) limit cooperative bank funding to 5% of total advances, which has slowed the process. The Maharashtra government is actively seeking to address these funding issues, including potential support from the National Cooperative Development Corporation (NCDC). Successful self-redevelopment projects have showcased the benefits of this approach, significantly enhancing living conditions for residents. Despite some resistance from bureaucratic and political factions, the SGRA is committed to supporting housing societies through the redevelopment process.