Developer Redevelopment

Developer redevelopment – The clinical model being followed over decades in Mumbai whereby developer leads the entire process that starts with obtaining the approvals, constructing the new building, sales of additional flats and rehabilitating existing members into new flats having additional area.

Key Stages

key stages

Responsibility Matrix

Conveyance and endorsement on Property Card

Obtaining property title in the name of society from the previous owner/promoters and updating the property card.

Architect- PMC appointmen

Invite proposal from known architect PMC based upon reference or through floating of tender.

Feasibility study

Preparation and benchmark offer document before floating tender for redevelopment. (link to services: feasibility study).

Tender floating

Preparation of tender document and floating it through media advertisement.

Developer selection

Going through the bids of various participants based upon their past experience, project performance and financials. Evaluating their offer with the feasibility report and selection of developer in front of CHS registrar by a general body.

Developer agreement

Entering into an agreement with the selected developer through legal contract as defined in the tender document.

Design finalisation

Finalising the design prepared by developer's architect based upon the tender.

IoD

Getting in-principal approval and concessional approval from the MCGM building proposal, the development plan department and the municipal commissioner.

Vacating the premises and CC

Moving to temporary rental accommodation for the time being, to allow the developer to reconstruct new premises in the due time. Demolition of the existing building and obtainment of the commencement certificate.

Construction monitoring

Ensuring material and structure quality, workmanship, design implementation, progress monitoring for timely qualitative construction of project.

Building completion

Inspection of the redeveloped building during the final stages, to monitor the finish quality.

Possession

Once the necessary permissions such as municipal water supply connection, sewage connection, fire compliance certificate, lift compliance from the concerned agencies are obtained, the developer gets the Occupancy certificate from the BMC and hands over possession of the building to CHS.

Co-op Housing Society
Architect PMC
Advocate
Developers' team
product flow chart