This is the Last Phase of a Redevelopment Project.

It starts when construction of the New Building is complete in all respects and Full Occupancy Certificate is received and ends when the existing members have taken possession of their New Units up to the end of the Notice Period. This period consists of the following two stages and may take about a month:


Stage 1: Defects Rectification & Repossession:

Active Agencies: Dev, PMC, MC

SGBM: 1 (For initiating Repossession)

Milestones:

- Rectification in Members’ Units

- Rectification in External/ Common Areas & Amenities

- Repossession of Existing Members’ New Units

Project Records:

- Carpet Areas of New Units

- Snag lists

- Allotment of Car Parks

- Certificate of Virtual Completion

- Members’ Possession Letters



Stage 2: Project Closure Documentation:

Active Agencies: Dev, MC, PMC

SGBMs: Nil

Milestones:

- Repossession of New Building with Common Amenities

- Takeover of Site from Developer

Project Records:

- Handover Documents from Developer

- Possession Letter for the Building & Common Amenities

- Project Completion Report from PMC

- Project Completion Letter from Dev


The Project Records compiled in this Phase can serve as very important references for the Society in future.