Redevelopment Process

STEPS INVOLVED IN THE PROCESS OF REDEVELOPMENT  

  • Preparation of feasibility report
  • Preparation of tender document and invitation of the offers from developers.
  • Scrutinize the offers received from developers and finalize one developer on the basis of his offer, his market reputation, goodwill and his financial capacity.
  • Prepare development agreement and finalize building plans with the selected developer.
  • Preparation of municipal drawings and submitting the same in M.C.G.M. for I.O.D.
  • Purchasing T.D.R. and Approving the building plans in lieu of purchased T.D.R. in M.C.G.M.
  • Vacating and handing over the vacate and peaceful possession of the ¬†building to the developer.
  • Obtaining plinth C.C. from M.C.G.M.
  • Completing the work upto plinth level and obtaining further C.C. for the entire work.
  • Completion of the entire construction work.
  • Obtaining occupation certificate of the completed building and giving possession of new flats to the members.