The council said it will no longer ask for payments used to fund community improvements such as open spaces, libraries and public realm refurbishments at the planning stage.
Council leader Steven Purcell said: "We recognise that this is a significant upfront cost and a barrier to development in the current climate, so we are willing to defer payment until finance is in place and the project is under way."
A £36 million Better Glasgow Fund has been agreed to pay for regeneration projects. The council also promised greater flexibility in the way that it allocates grants for social housing.
"In these difficult times, we need to pull together more than ever. This is not a time to retreat into our bunkers," Purcell said.