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Is Your Building Ready for Redevelopment? 8 Signs and 8 Documents to Check

Eight signs that your building may be due for redevelopment, and the eight documents your society should gather before talking to any developer.

Sameer C Mungekar Avatar
Sameer C Mungekar

Also in: मराठी · हिंदी

Redevelopment is a big decision, and the societies that do it well usually start early: they recognise the signs, get their papers in order and only then speak to developers. Here is a quick check your committee can run.

Is your society considering redevelopment? Get a free first assessment of your plot from Mungekar Realty: what it can support, which regulation applies and what to watch out for. The society pays us nothing. Register your property or WhatsApp us on +91 98207 44734.

8 signs your building may be due

  1. The building is 30 years old or more.
  2. Repair and maintenance bills keep rising every year.
  3. Leakages, cracks in beams or columns, or exposed reinforcement bars.
  4. A recent structural audit recommends major repairs, or the BMC has classified the building as dangerous.
  5. There is no lift, and elderly members find the stairs difficult.
  6. There is not enough parking for members’ vehicles.
  7. Neighbouring buildings have redeveloped, so local land values have risen.
  8. The building uses much less of the plot’s potential than the current rules allow.

8 documents to gather first

  1. Conveyance deed (or deemed conveyance order) in the society’s name.
  2. Property card or 7/12 extract showing the plot area and ownership.
  3. Approved building plans and the occupation certificate.
  4. City survey (CTS) plan showing plot boundaries.
  5. Society registration certificate and bye-laws.
  6. List of members with flat areas as per their agreements.
  7. Latest structural audit report.
  8. Development Plan (DP) remarks for the plot, showing zoning, road width and any reservations.

What to do next

Once these are in hand, a feasibility study can tell your society what the plot can realistically offer. Then the general body can decide, with real numbers, whether to proceed. Our step-by-step guide to the redevelopment process explains what follows.

Ticked several boxes? Register your property or message us on WhatsApp for a no-obligation first conversation.

This article gives general information only. Please take specific technical and legal advice for your building.

Disclaimer: This article is for general information and educational purposes only. It is not legal, tax or financial advice. Rules change from time to time and every property is different, so please consult a qualified advocate, chartered accountant or architect before acting on it.
अस्वीकरण: हा लेख केवळ सर्वसाधारण माहिती आणि शैक्षणिक हेतूसाठी आहे; तो कायदेशीर, कर किंवा आर्थिक सल्ला नाही.
अस्वीकरण: यह लेख केवल सामान्य जानकारी और शैक्षिक उद्देश्य के लिए है; यह कानूनी, कर या वित्तीय सलाह नहीं है।