Redevelopment Knowledge sharing Exercise ....

Redevelopment simplified 
28th September Bombay times 

Owning a home in 'Mumbai' is itself a big achievement in one's life and when the same home is likely to go in for redevelopment, then anxieties run high, millions of questions (positive as well as negative) keep hounding  the mind.

In today's time redevelopment has become a complex procedure as it involves Members who are owners of their apartments, Housing societies comprising of so many members (co-operative / unco-operative) and Builders who are only interested in profits (in ethical / unethical way).

 'Greed' is the main cause of redevelopment projects being stalled, delayed or completely scrapped off, as the members expectations are too high, and the builder's expectation of returns on investments is exemplary whereby none of them are ready to compromise on their personal expectations. Hence, the quality of the construction and timely deliveries adversely affects such redevelopment projects.

In order to increase monetary benefits, the society avoids appointing professionals like  PMC , Architect , Engineer, lawyer  etc from their end and totally rely on the Developer thereby entrusting all responsibilities pertaining to completion of the project . Even in the housing societies where the PMC and other professionals are reluctantly appointed under pressure from other members, the managing committee/ members either sidelines their involvement once the developer is appointed or in some cases fail to utilize them to the optimal extent as they have misconceptions of knowing everything about redevelopment. Moreover, unfortunately if anything goes wrong, all the society members suffer the consequences of such negligence. Hence, a professional's view and suggestions can NOT be ignored or sidelined in any manner in order to safeguard the overall interest of the housing society and its members in redevelopment.

In the entire redevelopment procedure, what members lack is 'Trust' among each other and most importantly 'Technical Knowledge'. Knowledge of planning & approvals from architect's point of view , knowledge of documentation &  clauses in agreements from the lawyer’s point of view , the importance of quality of construction & durability from engineer's point of view.

Knowledge-sharing exercise is a must to bring the awareness among all. Hence, leading PMC 'Edifice Erection Pvt. Ltd.', has organized a seminar pertaining to 'Knowledge - Sharing' on the subject of redevelopment on Sunday 29th September at Laxmi nagar Hall, Khar 10th road at 9.30 am., where leading industry professionals shall come under one roof including the Deputy Registrar/s of Societies, to educate the members of Housing Societies on the subject of Redevelopment and make them aware of the prospects and restraints  regarding the same.


By Utkarsh Jani of  www.redevelopmumbai.com

Redevelopment Seminar 0n 29th september

Redevelopment issues face to face - Open Invitation

Mumbai is an island city; hence, there is no other way to grow other than vertically. Most of the development took place in suburban areas in 70’s and 80’s , and with limited resources then most of the structures have lived their useful life and most of them are ready to go for redevelopment .  Redevelopment is most complex situation from society’s point of view, member’s point of view, developer’s point of view, considering the parameters of BMC and legalities of land and member’s right.

There is limited awareness about the redevelopment related issues and limited knowledge to deal with the same.  Leading PMC Edifice Erection Pvt. Ltd has organized an educative seminar on the said subject where members can directly interact with deputy registrar on deemed conveyance, prominent lawyers on legalities, Renowned Architects for BMC rules and project management consultant for the procedure to be adopted.

On 29^th September 2013, at 10.00am morning,  free seminar for all society members is organized at laxmi nagar hall at 10^th road, khar west where experts shall educate. 

For more information and Registration 9833890140

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

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