Bombay Taximen’s Cooperative Housing Society Row: Dissenters Seek Probe into SGM Granting Redevelopment to Syba Spaces

Mumbai, April 29, 2026: A dispute has erupted within the Bombay Taximen’s Cooperative Housing Society in Kurla after redevelopment rights for the colony were awarded to Syba Spaces during a special general meeting (SGM), prompting dissenting members to seek an official probe.
A group of residents plans to approach the district deputy registrar (DDR) to obtain a report on the proceedings, alleging serious procedural lapses, lack of transparency and violations of quorum norms during the meeting.
Allegations Over Quorum and Process
The 8.5-acre society, located near the Mithi river, comprises 686 residential units and 30 shops across 29 wings. Dissenting members claim that the required quorum was not met during the SGM.
According to them, at least 457 members were needed for quorum, but fewer than half were present. Despite this, the meeting reportedly continued for several hours and concluded with the selection of Syba Spaces as the redevelopment partner.
Residents also alleged that they were not allowed to videograph the proceedings, despite prior written requests to both the managing committee and the DDR.
Claims of Irregularities and Bias
Some members have accused the managing committee of favouring a particular developer, claiming that although multiple developers had shown interest, a fair voting process was not conducted.
Allegations were also raised about inducements being offered to residents, which dissenters claim could have influenced participation and decision-making.
Demand for Fresh Voting
While residents broadly support redevelopment of the ageing colony, dissenters are demanding a fresh and transparent selection process involving multiple developers.
They have called for a ballot-based system where shortlisted developers compete on equal footing, ensuring fairness and wider participation.
Next Steps
The dissenting group has indicated that it will seek an official report from authorities and may pursue legal action if irregularities are confirmed.
The controversy highlights growing tensions in Mumbai’s redevelopment sector, where large housing societies often face internal divisions over developer selection and project terms.