Neo Redevelopment

An emerging approach, neo-redevelopment offers more power to society members as it negates risk factors associated with conventional and self-redevelopment models.

Key Stages

key stages

Responsibility Matrix

Conveyance and endorsement on Property Card

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

Architect PMC Appointment

Inviting proposal from a known architect PMC based upon reference or by floating a tender leading to the appointment of the appropriate consultant.

Feasibility Study

Finalise additional area based upon project financial structuring with zero or minimum corpus. Developer will quote the corpus based upon his estimation.

Design Development

Preparation of the unit plan and layout based upon the finalised area. Obtaining principal approval from the MCGM building proposal department and concessional approval from the development plan department and the municipal commissioner.

Tender Floating

Preparation of a tender document with design and basic estimation and floating it through media advertisement

Developer Selection

Examining the bids from 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 a CHS registrar through a general body meeting

Developer Agreement

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

Approvals from Planning Authority (IOD, CC, BCC,OC, various NOC)

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

Vacating the premises

Moving into a temporary rental accommodation, to allow the developer to reconstruct the new premises in due time. Demolition of the existing building and obtaining commencement certificate

Construction and Project Progress Monitoring

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

Building Completion and Occupancy Certificate

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


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
Developers' team