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redevelopment

redevelopment

Redevelopment constitutes of demolishing existing old and or dilapidated building/s mostly being owned or governed by the societies (members or owners of units in the said building) by appointing reputed developer (builder) who can construct new building or structure. Generally the owners or members of the building get new constructed units with additional benefits in exchange of vacating and handing over the development of society/owners land. The builder utilizes the existing GDR/norms and constructs buildings which have more units/built up area .The builder uses the additional area for sale in the open market and for his scale of economies .This is advantageous for the existing members as they get new structure /areas which have greater life and monetary value. The new Building or structure is constructed using established technology and materials .The new structure tends to have greater life and better planning catering to the developing world.

stages of redevelopment

stages of redevelopment

  • Offer letter to the society
  • Finalization of terms and conditions with the society
  • Agreement with the society
  • Sanction of proposal plans submitted from MCGM (Municipal Corporation of Greater Mumbai)/CIDCO(Navi Mumbai)
  • Obtaining the IOD (Intimation of Disapproval)-MCGM
  • Loading of TDR (Transfer of Development Rights) in the society's name
  • Shifting of the members & demolition of the existing structure
  • Obtaining the CC (Commencement Certificate)
  • Construction of the new building/s
DOCUMENTS FROM SOCIETY

DOCUMENTS FROM SOCIETY

  • Conveyance Deed
  • Society Registration Certificate
  • General Body Resolution to go in for Redevelopment
  • Consent letter from co-operative registrar's office
  • List of members with their respective carpet areas
  • C.T.S plan & property card for the plot
  • D.P remarks; if the property is under TPS scheme then T.P. remarks
  • Copy of the municipal approval plans
developers role

developers role

The Developer shall be responsible to obtain all the necessary approvals from the Municipal Corporation of Greater Mumbai and all other statutory and government offices and departments, which will include:

  • Development Planning Remark or Town Planning Remark
  • Survey of the entire plot with regards to the area and topography of the plot, existing plot boundary and existing structures (Developer's Architect)
  • Intimation of Disapproval (IOD)
  • Property Tax Assessment NOC: MCGM/CIDCO (Assessment Department)
  • Hydraulic Engineer No Objection Certificate: MCGM (Hydraulic Department)
  • Storm Water Drainage No Objection Certificate: MCGM
  • Sewerage No Objection Certificate: MCGM
  • No Objection Certificate from the Traffic Department : MCGM
  • Urban Land Ceiling NOC: Competent Authority in Collector's Office
  • Tree No Objection Certificate: MCGM/CIDCO (Tree Authority)
  • Non-Agricultural Permission: Collector's Office
  • Civil Aviation No Objection Certificate: Airport Authority of India
  • Pest Control No Objection Certificate: MCGM (PCO)
  • MTNL No Objection Certificate: MTNL
  • Chief Fire Officer's No Objection Certificate: Fire Department Office
  • Commencement Certificate: MCGM/CIDCO
  • Lift Inspection No Objection Certificate via Inspector of Lifts, PW
  • Occupation Certificate (OC): MCGM/CIDCO
  • Water Connection Certificate under section 270Afrom MCGM/CIDCO
  • Drainage Completion Certificate: MCGM/CIDCO (Water Department)
  • Building Completion Certificate (BCC): MCGM/CIDCO
  • TDR Loading: MCGM/CIDCO

General Requirements from the society (members/owners)

  • Extra Area –over and above the existing unit area as shown and approved by the municipal records of the said old building which may include balconies, flower bed and or terrace areas as allowed and approved by MCGM/CIDCO/CIDCO and or any government body.
  • Corpus fund-is provided by the developer to the members to meet out for their discomfort in relocation and various related matters pertaining to the redevelopment or construction of new building on the said land.
  • In addition to corpus fund the Developer provides displacement compensation towards temporary alternate accommodation to the affected members during the construction work at the agreed rate or lump sum amount based upon existing carpet area and the time frame required for new construction and its approvals.
  • Time frame- Usually a time frame is set for the completion of the entire redevelopment works, the completion of the structure and satisfactory possession of new units to the members remains priority. The construction of new building/structure is one aspect and the grant of approvals from various authorities before the demolition and during and after the completion of the construction remains subjective but open for discussion.
  • The Developer should complete the entire re-development work within a period of number of months as agreed with the Society after all the legal formalities and Municipal approvals are obtained. The initial Municipal approvals will take about three months depending upon the existing rules a The Developer should hand over all the listed certificates as the same needs to be with the custody of the Housing Society once the redevelopment of the property is completed and the occupancy certificate is issued by MCGM/CIDCO to rehouse the members.
steps

steps

Demolition of the building - Once the members have shifted into their alternate accommodation, the demolition of the building will take place either of all the wings simultaneously or phase wise, depending upon the scheme of re-development. Usually about three months are given to the members from the date of execution of the development agreement before asking them to shift to the alternate accommodation.

Obtaining the CC (Commencement Certificate) - The IOD approval and demolition of the building will be followed by the issue of the CC (plinth level) by the MCGM/CIDCO which shall enable the Developer to start the construction work and after the plinth lines are verified by the MCGM/CIDCO officers, the further CC is granted for the complete building.

Construction of the building - The building construction work will begin in full swing as per the approved plans. Various safety factors will be considered during the construction work. The amenities will be as per the agreed terms and conditions.

Obtaining the OC (Occupancy Certificate) - The last step before the construction work is declared as complete is obtaining the Occupancy Certificate enabling the developer to allot the occupancy to the old as well as the new members.

Final Possession- Shifting the old members - On receipt of the Occupancy Certificate, the developer can lawfully allow the possession of the flats to the owners. The society shall accept and admit the prospective/additional flat owners of the newly constructed building/s as members of the society and treat them at par with existing members.

land proposals

land proposals

 
 
   
 
 
 
 
Enter Below Code :
REDEVELOPMENT

Redevelopment constitutes of demolishing existing old and or dilapidated building/s mostly being owned or governed by the societies (members or owners of units in the said building) by appointing reputed developer (builder) who can construct new building or structure. Generally the owners or members of the building get new constructed units with additional benefits in exchange of vacating and handing over the development of society/owners land. The builder utilizes the existing GDR/norms and constructs buildings which have more units/built up area .The builder uses the additional area for sale in the open market and for his scale of economies .This is advantageous for the existing members as they get new structure /areas which have greater life and monetary value. The new Building or structure is constructed using established technology and materials .The new structure tends to have greater life and better planning catering to the developing world.

stages of redevelopment
DOCUMENTS FROM SOCIETY
developers role

The Developer shall be responsible to obtain all the necessary approvals from the Municipal Corporation of Greater Mumbai and all other statutory and government offices and departments, which will include:

General Requirements from the society (members/owners)

steps

Demolition of the building - Once the members have shifted into their alternate accommodation, the demolition of the building will take place either of all the wings simultaneously or phase wise, depending upon the scheme of re-development. Usually about three months are given to the members from the date of execution of the development agreement before asking them to shift to the alternate accommodation.

Obtaining the CC (Commencement Certificate) - The IOD approval and demolition of the building will be followed by the issue of the CC (plinth level) by the MCGM/CIDCO which shall enable the Developer to start the construction work and after the plinth lines are verified by the MCGM/CIDCO officers, the further CC is granted for the complete building.

Construction of the building - The building construction work will begin in full swing as per the approved plans. Various safety factors will be considered during the construction work. The amenities will be as per the agreed terms and conditions.

Obtaining the OC (Occupancy Certificate) - The last step before the construction work is declared as complete is obtaining the Occupancy Certificate enabling the developer to allot the occupancy to the old as well as the new members.

Final Possession- Shifting the old members - On receipt of the Occupancy Certificate, the developer can lawfully allow the possession of the flats to the owners. The society shall accept and admit the prospective/additional flat owners of the newly constructed building/s as members of the society and treat them at par with existing members.

land proposals
 
 
 
 
 
 
 
Enter Below Code :