Our Expertise

Developer based 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.

Option 01

“Mumbai & All metros or major cities have long followed a developer-driven model, where the developer oversees the entire redevelopment process—from securing approvals and constructing the new building to selling additional flats and relocating existing residents into upgraded units with increased space.”

Option 02

“For decades, Mumbai has adhered to a redevelopment model in which the developer assumes comprehensive responsibility for the entire process. This includes securing statutory approvals, undertaking construction of the new building, marketing and selling surplus housing units, and ensuring the seamless rehabilitation of existing residents into upgraded homes with enhanced living space. This integrated approach has enabled large-scale urban renewal while minimizing administrative burden on public agencies and offering tangible benefits to resident stakeholders.”

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 appointment 
  • 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.

PRECAUTIONS TO BE FOLLOWED IN CONVENTIONAL METHOD -