Redevelopment is a journey, not a single decision.
Structured Redevelopment Journey


The Redevelopment Journey
12 stages. One structured process.
1. Initial Assessment & Decision
01
Assess the existing building, land and overall redevelopment feasibility. Members discuss the need and take the preliminary decision to explore redevelopment. Read more..
2. Professional Appointments
02
Appoint the Architect/PMC, Legal Advisor and other required consultants. Define their respective roles, responsibilities, scope and deliverables. Read more..
3. Redevelopment Planning & 79A Process
03
Prepare the project proposal based on the property's development potential and applicable regulations. Complete the feasibility studies and member approval process under the applicable 79A procedure. Read more..
4. Tender Preparation
04
Prepare comprehensive tender documents covering technical, commercial and project requirements. Invite bids and conduct necessary clarifications and pre-bid discussions. Read more..
05
5. Developer Invitation & Selection
Invite and receive bids from eligible developers and evaluate their technical and financial proposals. Compare offers on commercial terms, experience, capability and overall suitability before selection. Read more..
6. LOI / LOA & Commercial Finalisation
06
Negotiate and finalise the key commercial and contractual terms with the selected developer. Issue the LOI/LOA and formally record the agreed member benefits and commitments. Read more..
7. Development Agreement & PAAA
07
Finalise and execute the Development Agreement with the developer. Execute individual PAAA with members and secure the required guarantees, securities and registrations. Read more..
8. Approvals & Statutory Compliance
08
Obtain required approvals and permissions from CIDCO, NMMC and other applicable authorities. Complete RERA registration and other statutory, environmental and regulatory compliances. Read more..
9. Vacating & Temporary Accommodation
09
Complete the required pre-vacation permissions and arrangements for temporary accommodation. Members vacate and shift only after the agreed safeguards and arrangements are in place. Read more..
10. Construction & Project Monitoring
10
Monitor construction progress, quality, safety and compliance with the approved plans and agreements. Track project milestones, payments, timelines and regularly coordinate with the developer and professionals. Read more..
11. Completion & Statutory Approvals
11
Complete construction and obtain the Occupation Certificate and other required final approvals. Verify completion requirements before handing over the new building to members. Read more..
12. Possession to Members
12
Allot flats as per the approved agreement and allotment process and complete member formalities. Hand over possession and close out the developer's outstanding project commitments. Read more..
Ready to Map Your Redevelopment?
Connect with our advisors to understand your society's current stage and navigate the journey with clarity and confidence.
