Redevelopment Of Society Consent Meeting | Mumbai

Описание: If your Society is planning for Redevelopment, then the members of the Society should be
familiar with the process for undergoing Redevelopment. The following points will make
understanding the redevelopment process better.
What is Redevelopment?
Redevelopment means demolishing the Old Structure and replacing the same with New
Structure with new Dimensions and Space.
What is the difference between Restoration and Redevelopment?
In restoration, the existing Building is extensively repaired and restored to its original
condition. In Redevelopment, the existing building is demolished and new structure of
different dimensions is constructed.
When should be redevelopment be considered?
As per Bye-law no. 77, Structural Audit of the Building is to be conducted when the
Building is more than 30 years old. The Report of such Structural Audit would reveal the
condition of the Building and indicate whether the Society needs Redevelopment.
Who is the authorised person to conduct Structural Audit?
The Structural Audit is to be conducted only by a Government approved Architect.
Can a Society go in for Redevelopment without conducting a Structural Audit?
Conducting Structural Audit is mandatory since it is the first and the foremost step to be
taken for deciding Redevelopment as Structural Survey is required to be carried out for
both the building and the adjacent structures.
Can a Society opt for Redevelopment if it is below 30 years of age?
It all depends on the Structural Report and its findings.
Can a Society opt for Redevelopment even if Structural Report does not recommend
it?
No, as the Society will be required to get necessary permissions from all the concerned
Authorities.
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If the member of the Society are not satisfied with the Structural Audit, can the
Society get a second Structural Audit Report from another Structural Auditor?
Yes, by all means if the Society is prepared to bear the additional financial burden.
Do members need to prove their contention for demanding a double check on the
Survey Report?
It is not necessary as a second opinion is always acceptable.
What happens in a situation where two contradictory Reports are received?
The General Body will decide which Reports needs to be accepted.
Which is preferably – Restoration or Redevelopment?
In case of Restoration of a Building by major repairs, though the beams and pillars of the
Building are strengthened externally, the inner core composing of steel rods cannot be
restored to its original condition. Hence, even after extensively repairing the Building, there
are bound to be umpteen complaints about leakages requiring frequent repairs. In the
case of Redevelopment, the entire structure being brand new, it will be free from
complaints for at least 10 to 15 years
What are the Advantages of Redevelopment?
• Better planned and designed flats with earthquake structure with attached bathrooms
in bedrooms will be available.
• Corpus fund received by each individual member will take care of increase in the
maintenance cost of the Premises or could be utilised for other purposes.
• Additional area of 25-30% will be received as compensation from the Developer. Also,
additional space, if available, could be purchased from the Developer at best available
price.
• Modern facilities / amenities / gadgets like lifts, intercom system, smoke detectors, fire
fighting alarm system, concealed plumbing, concealed wiring for electricity, telephone,
cable TV etc. will be available.
• Stilt or under ground parking will be available which will ease space on the ground.
• Clubhouse, Swimming Pool, Gymnasium, Community Hall etc. will be available.
What are the Disadvantages of Redevelopment?
• Any lacuna in preparation of Redevelopment Deed would result in a great loss to the
members who are eligible for many perks in consideration of giving permission for the
project.
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• For considerable period of time, members are required to give up possession of their
flats which disrupts their age old routine.
• Residential Complexes if converted to Commercial Complexes are seldom preferred
for housing purposes or dwellings.
• Additional new members would take longer time to gel with the original members,
resulting in disputes on various issues.
• Additional members will require extra consumption of water creating scarcity or
shortage of available water supply.
• Additional vehicles will require additional parking space.
• New construction loaded with all kinds of modern amenities which will in turn increase
the cost of maintenance to be paid to the Society.
• The Tax burden is high and in case the Occupation Certificate (OC) is not procured,
Municipal charges and Water charges are high
• There is increase in Property Taxes.
• Additional area received will attract Stamp Duty and Registration Charge at current
Market Price.
• There is always a fear of half way stalled project resulting in Court case.


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