Redevelopment Process , Redevelopment Steps

Redevelopment Process ( Steps ) – Project Management Consultants PMC

 

For Redevelopment PMC call us on +98335 45366 orcontact@redevelopmentconsultants.com

Process of redevelopment is one of the most crucial steps that needs to be dutifuily followed by the Redevelopment Project Management Consultant

Structural Audit
– For any co-op society to go under redevelopment a general body resolution needs to be passed in AGM to go for redevelopment
– Minimum 15% consent is must to strat the process of redevelopment and 75% consent at the time of final decision for redevelopment
– You would need to appoint a Redevelopment Project Management Consultant PMC for conducting the next steps below

Feasibility Report 
– Feasibility resport is prepared by the appointed PMC by studying existing building plans, consumed FSI, carpet area of existing members & available TDR/ additional FSI benefits
– The report will be submitted to the society by the PMC stating he maximum benefits the members can demand from the developers

Tender preparation to invite Developers
– The “Tender” is a very important document , which is designed by the PMC to ensure and avoid any kind of misunderstanding/argument during th course of project
– It will contain an agreement , information of various bidder , technical specifications , terms and conditions , which makes it easier to evaluate the offers received

Comparative chart of developers.
– A chart showing the comparative analysis of all the offers shall be prepared to Get the idea of the best offer received
– Ranking shall be given to developers

Finalization of developer on the basis of report given by the Project Management Consultant
On the basis of ranking , the projects carried out by the developers shall be Inspected , their market reputation shall be checked and accordingly the best developer shall be recommended to the society

Preparation of development agreement
While preparation of development agreement between society and developer inputs shall be given in terms of technical clauses which would Safe guard the interest of the society and safety of the project

Finalization of building plans
The plans of proposed building prepared by the developers shall be verified in respect of planning , carpet area , area calculations, legalization and authorization of the area allotted to the members

Vacating the building after the builder obtains the necessary permission:-
The care is taken that the necessary permissions are obtained and legal formalities are fulfilled to secure the project by the developer before he ask the members to vacant the premises. So that the project doesn’t stuck up after demolition of the building

Demolition and reconstruction of building:
After demolition and during construction of building the regular inspection is carried out to check the quality and speed of the construction

Possession and occupation of building:
During construction of building co- ordination with the developer shall be done to see that all the formalities for the occupation of the building are fulfilled and members get possession with the occupation certificate.

 

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