The redevelopment process in Mumbai and Thane follows a structured legal and planning framework, ensuring transparency, feasibility, and community benefitHere’s a step-by-step overview of how redevelopment typically unfolds in these regions:
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Consent & Initial Resolution
A housing society must secure consent from at least 51% to 70% of its members (depending on the project type) to initiate redevelopment.
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Appointment of PMC (Project Management Consultant)
The society appoints a PMC to guide the technical, legal, and financial aspects of the project.
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Feasibility Study & Tendering
The PMC conducts a feasibility report and invites tenders from reputed developers.
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Developer Selection
A formal agreement is signed between the society and the developer, along with a Power of Attorney for project execution.
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Sanctions & Approvals
The developer obtains necessary approvals from authorities like MCGM/TMC, MHADA, SRA, and secures IOD (Intimation of Disapproval) and CC (Commencement Certificate).
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Member Relocation
Residents are temporarily shifted to transit accommodations or given rent as per the agreement.
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Demolition of Existing Structure
The old building is safely demolished following safety and environmental norms.
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Construction of New Building
The developer constructs the new building as per approved plans, incorporating modern amenities and eco-friendly features.
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Occupation Certificate (OC) & Handover
After completion, the OC is obtained, and the new flats are handed over to the original members along with additional promised benefits.