Society Redevelopment

Redevelopment refers to any new construction on a site that already has pre-existing users. In other words, redevelopment means doing away with old buildings and structures that have outlived their use, and building new ones by embracing modern and prevalent technologies.

Redevelopment helps you rebuild structures that are beyond repair, have become dilapidated due to the vagaries of weather, regular wear and tear, or age and which are unable to withstand further stress even with state-of-the-art infrastructure and methods.

Why Modispaces should be approached for redevelopment?

Redevelopment is completely different from normal land development. It requires necessary legal steps prior to commencement of construction. Many societies may have legal complications like:

  • Lack of Conveyance
  • Lack of proper Documents / Old Plans
  • Errors in Property card
  • Incomplete members’ documents
  • Land not sub-divided properly

These legal issues have to be dealt with properly before any new construction can be undertaken. This is where the work of an experienced developer with resources, experienced team, and dedication come in handy.

Modispaces caters to all the requirements and procedures related to redevelopment without any hassles. With four generations of experience in the real estate industry, we offer unmatched expertise in:

  • Procurement & development of land
  • Extension of old buildings
  • Redevelopment of old and dilapidated structures
  • Procurement & development of land
  • Extension of old buildings &
  • Redevelopment
SRA-flats

Our Redevelopment Process

Step 1
Step 2
Step 3
Step 4
Step 5
Step 6
Step 7
Step 8

Step 1

Society contacts ModiSpaces

Step 1

Step 2

We conduct an assessment & make an offer

Step 2

Step 3

Give Letter of Intent (79A) upon agreement to offer

Step 3

Step 4

Development Agreement (DA) is signed

and plans are approved by MCGM (IOD)

Step 4

Step 5

Residents temporarily relocate

and old structure is demolished

Step 5

Step 6

Commencement Certificate is procured from

MCGM (CC) and construction begins

Step 6

Step 7

Project is completed and Occupation

Certificate (OC) is obtained

Step 7

Step 8

Residents move back into a brand new society

& Share Certificates (SC) are issued

Step 8

Testimonials

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