Redevelopment

The first step is to understand the needs of the residents and study the plot. We follow it up with a brief presentation about the redevelopment overview. This includes the layout, draft plans, commercial terms, timelines, specifications, shifting arrangements and documents required.

The project plan is reworked to fit in the requirements of the members. A final draft of the techno commercial plan with building sketches and legal agreements is presented to the committee. This is followed by obtaining sanctions from the Municipal/Local authorities.

When commercial terms have been fulfilled, the residents are shifted into rental apartments. The building is thus ready to be handed over for redevelopment. The process of redevelopment will be initiated and completed as per the sanction plan.

Once the building is ready as per the architectural assessment, aspects such as finishing, inspection and various other installations will be looked into thoroughly. The occupation as well as completion certificate gets cleared and the building is handed over to the residents with respective induction.