Frequently Asked Questions

 The Society should consider Re-development only if the Society has Conveyance Deed in their favour. Without Conveyance, the Society should not pass any resolution for redevelopment but should only move towards major repairs

A written consent is required from each and every member of the Society for carrying out Redevelopment. Unlike the S R A Project, in a Registered Co-operative Housing Society, 100% consent of all the members is required before the Society can go ahead with Redevelopment.

No member of the Society can hold the Society to ransom on flimsy grounds. The Society will have to initiate action against such members.

It depends on what proportion of minority is stalling the development and the reasons behind stalling the project. If the reasons for stalling the project are strong, then redevelopment cannot proceed unless the issues with them are settled.

The General Body has the powers to decide on this issue. Appointing a Re-development Committee is not mandatory but is highly recommended to ensure transparency in the dealings

 Generally the tenure of the Redevelopment Committee should be from the start of the Project to the completion of the Project to ensure the continuity of the control of the Project 

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.

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.

 The Structural Audit is to be conducted only by a Government approved Architect. 

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.

Yes, by all means if the Society is prepared to bear the additional financial burden.

It is not necessary as a second opinion is always acceptable.

The General Body will decide which Reports needs to be accepted.

Rent paid by builder in redevelopment cases not taxable: ITAT-Mumbai. MUMBAI: The Income-Tax Appellate Tribunal's (ITAT) Mumbai bench recently held that the rental compensation received from a builder due to a redevelopment project is not taxable in the hands of the former flat owner.

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. 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

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.

Call a Special General Body Meeting (SGM) Get quotations from Architects/Project Management Consultants (PMC) Submit proposal for Building Redevelopment Project Receive Project Report Invite Tenders from developers Choose a developer