Who we are
We are Project Management Consultant (PMC). We provide PMC services for below
1. Society wishes to go for self-redevelopment of their dilapidated building.
2. Society wishes to go for Redevelopment but will appoint contractor only for the construction of building. Other all activities will be done by society.
3. Society wishes to go for Redevelopment by appointing Redevelopment Manager.
4. Society wishes to go for Redevelopment but appoint Developer and give him all rights to redevelop the building.
REDEVELOPMENT or SELF-REDEVELOPMENT
Any building that is over 25 years to 30 years old can go for redevelopment once it is declared dilapidated by an architect.Redevelopment under DCR 33[5] 33 [7] 33 [7B] TPS SCHME ETC .
If society goes under self- redevelopment the society members have control over the project where they can decide on plans, designs and also setting development standards. Thus, the society members can even decide upon the quality of construction.
Plus, building plans cannot be changed without the consent of members.
To avail loan from Bank for self-redevelopment, the society needs to be registered as a Cooperative Housing Society under the Maharashtra Cooperative Societies Act, 1960.
Any pending dues to the Government need to be cleared off, before the housing society can approach for a self-redevelopment loan. Along with government dues, all members also need to pay any pending society maintenance with arrears.
If society goes under self-redevelopment and approach for loan to banks than disbursements are directly provided by the bank into the societies escrow account through which the concerned parties as per milestone completion are paid.
If society goes under self-redevelopment during this entire process the property rights are with the society and all the documentation and plans are in society’s name.
Availing the “Occupancy Certificate” is not a problem, since the members tend to develop the buildings, ONLY as per approved plans.