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Redevlopment:
  Reconstructions of Resi/Comm Structure to their fullest potential.
 
Defination: Re-construction of old Residential/Commercial structure, after demolition of the existing structure, to the fullest potential of plot and area, under the Development control Regulation of the local Town Planning authority and/or Urban Development ministry of the StateGovt.
Mumbai
Re-Development in Greater Mumbai is taken up under the rules as specified under the Development Control Regulations of Municipal Corporation of Greater Mumbai.

How The Parties Involved Benefit ?

The Flat/Shop owner will get a better/bigger house/shop in a brand new building with additional amenities at zero cost. The value of the apartment will appreciate by at least 35%.

The Municipal Corporation of Greater Mumbai will benefit from well planned locality and will generate substantial revenue through FSI Charges, TDR Fee and additional property tax.

The Developer with out investing vast amounts in land and will gain by projects in the up market areas which are easy to market and command high rates.

This is a win-win situation for all, where value is created. The apartment owner will be provided alternative accommodation for the current owners for the period the building is under construction.

Kindly fill up the Format to proceed further.
 Name of the CHS* :  
 Address* :  
 Location* :  
 City* :  
 Total Plot Area* :  
 Chairman* : Name            Phone          
 Secretary* : Name            Phone          
 Contact Person* : Name            Designation  Phone           Email           

 
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