Redevelopment seminar

Grand success of the seminar organized by www.redevelopmumbai.com (Edifice Erection Pvt.Ltd), which was very informative and educative .. the main objective was to spread the awareness among the societies members about the entire procedure of Redevelopment and 79(a) Maharashtra cooperative act. 

Mr.Durgesh Kothari gave speech on the fungible FSI calculations , Utkarsh Jani gave speech on role of Project management consultants and Mr. Dilip shah gave speech on scrutiny of Redevelopment agreement.

Shri Gopal Shetty, the Local MLA of Borivali was the chief guest, who accepted the invitation on short notice and graced the occasion , he also gave a lovely speech.

the audience was really good and very enthusiastic also raised really interesting questions.. 

we have finalized next seminar on 29th september at bandra , the venue and timings shall be public very soon...also we are going to be part of series of seminar (as a speaker) to be organized by leading gujarati news paper... 

we shall also come out with a dedicated youtube channel on our seminars and lectures very soon by year end...

please long on to www.redevelopmumbai.com for any query and do write us for any clarifications 

Redevelopment simplified - 10th August- Bombay Times

Utkarsh Jani-(Project Management Consultant)

Edifice Erection Pvt. Ltd

Redevelopment simplified 

We want to go for redevelopment but we only have 80% of consent of members for Redevelopment, can we still go ahead??

As per the guidelines given by the Maharashtra cooperative act 79(a),for 

Redevelopment of any housing society you need 75% of the consent to select the 

developer. On the basis of 75% consent society can obtain Registrar's NOC and 

society can also sign the development agreement with the developer. However, we must understand the valid reasons of dissenting members, if they are not genuine or obstructing the procedure with malafide intentions then before vacating the building the order for vacating such dissenting members must be obtained from the court if matter is not resolved amicably.

Our society is going for redevelopment but we are getting lesser offers than other buildings in the same locality, why?

In any redevelopment project, offers given are based on the plot area viz a viz 

consumed area occupied by members. There are many factors which determine the viability of the project, e.g whether the plot is in CRZ, if there are reservations like D.P. or municipal road, school, public housing, or there is no conveyance, or there is some balance FSI, any extra demands for terraces or garages. If the plot is affected by railway line or civil aviation zone. All such factors affect the project economy, Hence it is better not to look at the other plots and necessary to prepare the feasibility of your own plot from a PMC who has a licensed Architect and who is well acquainted with the MCGM development rules and regulations.  

Can we select a developer without following 79(a) procedure? 

No. There have been many complaints of irregularities received by registrar from 

members of societies gone for redevelopment, hence on 3rd January 2009 Maharashtra government issued guidelines for redevelopment of housing societies, the objective of the same is to bring transparency in the entire procedure of housing society's redevelopment. Such guidelines are highly recommended not only to maintain transparency but also to minimize the risk of the project as it mentions appointment of technical consultants to safeguard the interest of members, thus  the risk of getting cheated by the developer is minimized; Hence we advice to follow the 79(a) procedure.

For any queries 

Utkarsh.jani@edificeconsultants.in  

www.redevelopmumbai.com

Woman of Substance, Durga Shakti....

grown up listening to the stories of Goddess, interestingly in Hindu religion you have goddesses too, Muslims have Allah and Christians have god and these two religions are ruling the world. outside India a word Hindu has to be googled...

i don't believe in any god and i hardly have faith in any religion but one name Durga made me remember childhood stories of goddesses....

only 28 year old Durga shakti Nagpal has made so many headlines for the work she was supposed to do anyway, which in our country is novelty now...but as a professional having connected to construction industry , people must know the

drawbacks of sand mining and think of other options of greener materials. most of the river's natural flow is changed which is a serious concerns. in-spite being ban on sand mining in Gujarat and Maharashtra, in Bombay you get sand easily ...sad...

one can easily imagine the level of corruption in the trade, i truly salute Durga to have stood up against all odds to fight, which is commendable ...today you hardly get to see such brave young women of substance, otherwise you get to see lot of made up women seeking attention ...i am a strong believer of a women power, as i remember what my mother could do, my father could never do ...As they say there is always a woman behind a successful man , i would say there would be only women behind successful country...women are truly blessed with something called inner strength and will power which many men lack, no wonder mothers are called replacement of god ...today i realized it surely makes sense of telling stories of goddesses to a growing child .... 

we need many more such durga ,kali ,Ambe , laxmi, saraswati, bhavani, parvati, Sita, chandi, sati, radha, meera to make our nation ....

we call Bharat Mata but irony is that only so called politician Baap run the country....

jai hind and jai durga

Redevelopment Simplified- 3rd August Bombay Times

Utkarsh Jani-(Project Management Consultant)

Edifice Erection Pvt. Ltd

Redevelopment simplified 

We want to go for redevelopment but we only have 80% of consent of members for Redevelopment, can we still go ahead??

As per the guidelines given by the Maharashtra cooperative act 79(a),for 

Redevelopment of any housing society you need 75% of the consent to select the 

developer. On the basis of 75% consent society can obtain Registrar's NOC and 

society can also sign the development agreement with the developer. However, we must understand the valid reasons of dissenting members, if they are not genuine or obstructing the procedure with malafide intentions then before vacating the building the order for vacating such dissenting members must be obtained from the court if matter is not resolved amicably.

Our society is going for redevelopment but we are getting lesser offers than other buildings in the same locality, why?

In any redevelopment project, offers given are based on the plot area viz a viz 

consumed area occupied by members. There are many factors which determine the viability of the project, e.g whether the plot is in CRZ, if there are reservations like D.P. or municipal road, school, public housing, or there is no conveyance, or there is some balance FSI, any extra demands for terraces or garages. If the plot is affected by railway line or civil aviation zone. All such factors affect the project economy, Hence it is better not to look at the other plots and necessary to prepare the feasibility of your own plot from a PMC who has a licensed Architect and who is well acquainted with the MCGM development rules and regulations.  

Can we select a developer without following 79(a) procedure? 

No. There have been many complaints of irregularities received by registrar from 

members of societies gone for redevelopment, hence on 3rd January 2009 Maharashtra government issued guidelines for redevelopment of housing societies, the objective of the same is to bring transparency in the entire procedure of housing society's redevelopment. Such guidelines are highly recommended not only to maintain transparency but also to minimize the risk of the project as it mentions appointment of technical consultants to safeguard the interest of members, thus  the risk of getting cheated by the developer is minimized; Hence we advice to follow the 79(a) procedure.

For any queries 

Utkarsh.jani@edificeconsultants.in  

www.redevelopmumbai.com