An exhaustive document, feasibility report covers all the facts and factors deemed essential for the redevelopment of a building. Used as a concept note to attract stakeholders, a professional feasibility study is the first step towards achieving overall goals. Site and context, land ownership, reservation and its impact, authorised carpet area, protected built-up area, building height assessment, development assessment, applicable FSI and TDR with or without premium, fungible compensatory area, additional FSI, open space, miscellaneous provisions, incentive offered under sector 33-7-B, cost and revenue assumption, cashflow modeling and cost estimation are discussed at length in the feasibility report.Download
In order to secure best deal, evaluation of proposals submitted by interested stakeholders is carried out. Selection of the developer is primarily driven by his/her past performance and track record. His current deliverable, cash flow requirement and assessment, average time span spent to construct the projects along with his capacity to deliver on commitment would be analyzed.
Tech based monitoring of underway project, our online tool Project Monitoring empower society members to scrutinize progress of the project closely without having to visit the site every now and then. Along with photographs of the project, construction progress would be visible on the tool. Meetings, discussions or paperwork related to the project would be available online to induce transparency in the entire process. Alerts can be issued to flag some issue within a closed group or to all members and Project Maitree would come back with solution as well as compliance report.Download