Self Redevelopment

This is a process where society members themselves had to take up the mantle of redeveloping their buildings in their own hands and see through the process right from scratch to finish.

Benefits of Self Redevelopment

Complete Control in the hands of the Society Members

Availability of Funding

Extra Amenities in new buildings

Retaining Ownership of the land and easy Handover at the end of the project

Reduce risk

Extra Space, Surplus and Amenities for the Society Members

Concessions suggested & under review with the government 

The housing society shall get additional 10% FSI over and above the standard FSI as per the Development Control Rules (DCR) standard rules

Also, the society will get 50% concession on premium required to be paid to PMC for buying TDRs

For projects on road less than 9 meters, FSI to be increased from 0.2 to 0.4 meters.

Society shall get an interest subsidy of up to 4% for construction loans availed for the self-redevelopment project. The stamp duty on additional area for existing flat owners under the self-redevelopment project shall be fixed at Rs. 1,000. For the additional flats made available for purchase in the open market, stamp duty shall apply as per the stamp duty reckoner rates.

Self-redevelopment project to be discounted from the Land under Construction Assessment (LUC) Tax, the redevelopment of the project has to be completed within 3 years from the time the project is approved.

Concessions in GST, Stamp duty, premium for open space deficiencies, front & side margins of the project.

Challenges society may come across

Decision making

Lack of Legal & Technical knowledge

Initial Funds raising

Lack of Selling capabilities

Lack of accounting, people management and project management skills

Encore Enterprises as a professional Project Management Consultants work together with the society to get this entire process complete from Concept to Completion without taking any rights on the project or any stake in the project.

Brief Scope Summarized which will be performed by Encore Enterprises from the beginning to the end of the project:

Project Feasibility

Project Planning and Management

Architectural Design Planning

RCC and MPEF Consulting

Technical Planning

Contractor Tendering and Appointment

Site Supervision

Liaison Management for getting all requisite approvals and NOCs

Compliance Management

Quick links


About Us

Our Team

Ongoing Projects

Completed Projects

Contact Us


Project Management Consultancy


Self development

Get in touch

+91- 8329776965

B-18, Sundar Garden, Bhelke Nagar, Kothrud, Pune - 411038.