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Initiating Redevelopment

How do you think that redevelopment will shape up the redevelopment realty sector in Mumbai in the next decade?

We find that the currently in Mumbai we have over 16,000 dilapidated building. This is a huge risk to life and assets.

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Would it not be prudent to have professionals like PMC during the entire process, right from the beginning?

Some developers say they will be loading only members’ TDR since it is going to come on upper floors

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Is it necessary for society to do the process or should they give it to the developer?

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Process with share certificate when membership is not complete. Should society go for redevelopment in such a case?

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Policies in Maharashtra are very challenging, what is the perspective of an industry expert on this?

What are the challenges with respect to costs and premiums that the industry is facing today?

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How should a project be secured to mitigate risk?

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What is meant by the redevelopment process and what does it entail?

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additional area authorities bigger homes bmc building age Building Collapses changing government policies clean homes completion and possession contracts cooperative housing society documents required elevators event managers financial closure details finding right developer fire alarm systems fsi green building Incomplete Approval incomplete paperwork leakages legal hurdles lifestyle upliftment new amenities New Building non-vacating members old building parking plumbing process Quality of life rains rain water harvesting redevelopment required documents rera safety and basic needs upliftment seepage society society managers society members Society Members’ Approval structural audit unreasonable commercial expectations

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