Redevelopment

Redevelopment

ONGOING

COMPLETED

The redevelopment process in Mumbai and Thane follows a structured legal and planning framework, ensuring transparency, feasibility, and community benefitHere’s a step-by-step overview of how redevelopment typically unfolds in these regions:

1. 1. Consent & Initial Resolution

   A housing society must secure consent from at least 51% to 70% of its members (depending on the project type) to initiate redevelopment.




2. 2. Appointment of PMC (Project Management Consultant)

   The society appoints a PMC to guide the technical, legal, and financial aspects of the project.




3. 3. Feasibility Study & Tendering

   The PMC conducts a feasibility report and invites tenders from reputed developers.




4. 4. Developer Selection

   A formal agreement is signed between the society and the developer, along with a Power of Attorney for project execution.




5. 5. Sanctions & Approvals

   The developer obtains necessary approvals from authorities like MCGM/TMC, MHADA, SRA, and secures IOD (Intimation of Disapproval) and CC (Commencement Certificate).




6. 6. Member Relocation

   Residents are temporarily shifted to transit accommodations or given rent as per the agreement.




7. 7. Demolition of Existing Structure

   The old building is safely demolished following safety and environmental norms.




8. 8. Construction of New Building

   The developer constructs the new building as per approved plans, incorporating modern amenities and eco-friendly features.




9. 9. Occupation Certificate (OC) & Handover

   After completion, the OC is obtained, and the new flats are handed over to the original members along with additional promised benefits.

How Can We Support You?

In our redevelopment consultation, we will explain everything your society needs to make informed decisions. We begin with a feasibility study—assessing your building’s condition, available FSI, and redevelopment potential. You’ll understand the legal framework clearly, including DCPR 2034, RERA, MOFA, and the Maharashtra Co-operative Societies Act, so your members know their rights and the step-by-step process.

We’ll walk you through redevelopment models—developer-led, self-redevelopment, or joint ventures—and help you evaluate which suits your society best. We’ll also explain financial viability, expected timelines, and member benefits like increased carpet area, upgraded amenities, and rental compensation. Our team will guide you on how to shortlist credible developers based on delivery history, financial strength, and transparency.

Finally, we’ll share a document checklist, approval timelines (IOD, CC, OC), and a phased execution plan. We’ll also explain how sustainability features like EV charging, rainwater harvesting, and solar heaters can be integrated into your new building. By the end of the session, your society will have clarity, confidence, and a strategic plan—ready to begin a purposeful redevelopment journey with JVM Spaces as your trusted partner.