Redevelopment process

STEPS INVOLVED IN THE PROCESS OF REDEVELOPMENT  

1)     Data collection and Preparation of feasibility report.

2)     Preparation of tender document and invitation of the offers from developers.

3)     Scrutinize the offers received from developers and finalize one developer on the basis of his offer, his market reputation, goodwill and his financial capacity.

4)     Prepare development agreement and finalize building plans with the selected developer.

5)     Preparation of municipal drawings and submitting the same in M.C.G.M. for I.O.D.

6)     Purchasing T.D.R. and Approving the building plans in lieu of purchased T.D.R. in M.C.G.M.

7)     Vacating and handing over the vacate and peaceful possession of the  building to the developer.

8)     Obtaining plinth C.C. from M.C.G.M.

9)     Completing the work upto plinth level and obtaining further C.C. for the entire work.

10)  Completion of the entire construction work.

11)  Obtaining occupation certificate of the completed building and giving possession of new flats to the members.

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