Tuesday, November 18, 2014

Redevelopment in Mumbai is more beneficial to builders- Utkarsh Jani

When any housing society goes for redevelopment, their members feel that it will be more beneficial to them but when redevelopment project starts , their perception changes, hence we asked almost 1000 housing society members a question, that who gets maximum benefits in any redevelopment project and their replies and its interpretation is as follows :

Redevelopment is more beneficial to developer than old members:
TABLE : BENEFICIAL TO DEVELOPER
Strongly agree
10%
Agree
30%
Neutral
30%
Disagree
20%
Strongly disagree
10%
TOTAL
1000


Sample size : 1000 members of housing societies 
CHART NO 5.9: BENEFICIAL TO DEVELOPER





INTERPRETATION:
From above it has been observed that 40% respondents Agree on the statement "redevelopment is more beneficial to developer" whereas, 30% respondents disagree with the same and 30% respondents are Neutral.
This is the general perception among housing society members that Redevelopment is more beneficial to Builders & Developers, as they are on the driving seat of the entire project and maneuver the directions as per own benefits and profits ..

Research work carried out by Utkarsh Jani


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