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Step-by-Step Guide to Society Redevelopment in Maharashtra

Step-by-Step Guide to Society Redevelopment in Maharashtra Tips And Tricks

Steps for Society Redevelopment 

In rapidly growing urban areas, space is at a premium and infrastructure often struggles to keep pace with the demands of modern living. Cities like Mumbai are home to countless residential buildings constructed decades ago, during a time when architectural standards and amenities were far more basic than what residents expect today. Over the years, these aging structures face not only wear and tear but also increasing maintenance costs and safety concerns. With the cityscape evolving and land becoming scarce, the need for efficient, sustainable housing solutions has never been more urgent.


Introduction

Redevelopment of old buildings is a crucial process that allows housing societies to enhance their living conditions, increase property value, and avail modern amenities without relocating to a new area. In urban centers like Mumbai and other parts of Maharashtra, many buildings that are over 30-40 years old become structurally weak, lack essential facilities, and are expensive to maintain. Redevelopment offers a practical solution by rebuilding such structures in collaboration with developers, under the guidance of legal and technical experts. The following steps provide a comprehensive roadmap for housing societies considering the redevelopment process.


Step 1: Understanding the Need for Redevelopment

Redevelopment is considered when a building becomes old, unsafe, and costly to maintain. If the structure is over 30-40 years old and has frequent repairs, leakages, or lacks modern amenities, redevelopment is a good option.


Step 2: Forming a Redevelopment Committee

A dedicated redevelopment committee should be formed, consisting of responsible society members who will handle the process. This committee will be in charge of selecting a builder, coordinating legal procedures, and ensuring smooth execution. 


Step 3: Conducting a Feasibility Study

A structural engineer or architect should be hired to assess the building’s condition and determine whether redevelopment is required. This study helps in understanding the structural stability and financial benefits of redevelopment. It also gives clarity on the additional space and amenities that can be availed.


Step 4: Getting Society Members’ Approval

Once the feasibility study is completed, a General Body Meeting (GBM) should be held to present the findings to all members. As per the Maharashtra Co-operative Societies Act, at least 75% of the members must approve the redevelopment proposal. This approval should be properly documented and signed by members to ensure a legally valid decision.


Step 5: Appointing a Legal Consultant & Architect

A legal consultant should be appointed to handle agreements, legal documentation, and compliance with government regulations. An architect should also be hired to design the new structure, calculate Floor Space Index (FSI), and ensure the project meets all required guidelines.


Step 6: Inviting Bids from Builders/Developers

The society should invite proposals from reputed and experienced developers. Builders should submit their offers, which should include details about the additional carpet area for members, rent compensation for temporary accommodation, promised amenities, and the project timeline. 


Step 7: Selecting the Best Developer

The redevelopment committee should carefully analyze all offers and compare them based on financial benefits, the builder’s reputation, past projects, and the proposed timeline. Negotiations should be done to maximize benefits for society members. Once the best builder is identified, the final selection should be made through voting in a society meeting.


Step 8: Signing the Development Agreement

Once the builder is finalized, a development agreement must be signed between the society and the builder. This agreement should clearly state the total carpet area each member will receive, rental compensation, project deadlines, and penalty clauses in case of delays. 


Step 9: Getting Government Approvals

Before construction begins, the builder is responsible for obtaining approvals from various authorities such as the Municipal Corporation, RERA, Fire Safety Department, and Environmental Authorities. 


Step 10: Temporary Relocation of Members

Once all approvals are secured, society members need to vacate their flats. The builder provides monthly rent for alternative accommodation until the new building is ready.


Step 11: Demolition & Construction Begins

After vacating the premises, the old building is demolished following proper safety measures. The construction of the new building begins as per the approved plan. The redevelopment committee should actively monitor progress to ensure the project stays on track and is completed as per the agreed timeline.


Step 12: Possession & Handing Over New Flats

Once construction is completed, society members are given possession of their new flats. Before handing over the keys, the builder must provide the Occupation Certificate (OC), which confirms that the building is legally fit for occupancy.


Step 13: Forming the New Society & Registering it

After moving into the new building, the society must form and register a new co-operative housing society. This involves updating property records, utility connections, and legal documents with municipal authorities to ensure smooth functioning.


Conclusion

Redevelopment is a significant undertaking that requires careful planning, transparency, and collaboration among society members and stakeholders. By following the proper legal and procedural steps, societies can ensure a smooth and beneficial transformation of their aging buildings into modern, safe, and comfortable homes. With the right guidance and committed participation, redevelopment not only improves living standards but also secures the future value of the property for all members involved.








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