Redevelopment Project

Criteria for selection of a Builder for Redevelopment Project – Utkarsh Jani.

Developer Selection is the most important thing as it is only the Developer/Builder, who will complete the project. we have asked this question to almost 1000 society members to know their pulse . We gave them four choices and asked them to suggest most important criteria according to them and the results are as follows:

What is the main selection criterion while selecting a developer for redevelopment project?

TABLE NO 5.11: SELECTION CRITERION

Financial standing	150
Reputation in the market	200
Experience of Redevelopment	150
Good offer	500
TOTAL	1000

CHART NO 5.11: SELECTION CRITERION

INTERPRETATION:

From above it clear that 50% respondents select good offer as an important criteria while selecting a developer, 15% respondents prefer their financial standing and another 15% prefer Developer’s Experience of redevelopment and 20% respondents do select a developer for their reputation in the market for redevelopment project.