PHASE WISE JOURNEY
Regular Users
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Legal Documentation:
Now that you have selected a Developer, you shall issue a Letter of Intent (LOI) to him and jointly undertake some preliminary tasks such to confirm the FSI Potential of the Plot, finalize lists of Internal, Common and Built Amenities etc. Thereafter, you shall enter into Legal Documentation with the Developer so that he is legally empowered to execute your Project. The important steps in this process are as follows:
1. Dev shall confirm Legal Title of the Plot
2. Dev shall confirm the FSI Potential of the Plot
3. Drafts of DA, PoA & PAAA shall be approved in SGBM
4. Society & Developer shall execute DA
5. Dev shall Pay Stamp Duty
6. Soc and Dev shall Register DA
7. Soc shall issue PoA to Developer
Draft of DA shall be prepared in line with the provisions of Tender Documents. It may take a few rounds of joint discussions before the same is finalized. Once DA is registered and PoA is received, the Developer shall be legally entitled to represent and act on behalf of the Society for your RD Project.
This Process of Legal Documentation may take about 3 months. Its step-by-step process is given in its Roadmap. We are also developing several ready-to-use standards for this Stage, which you can use as guideposts or referen ...
1. Dev shall confirm Legal Title of the Plot
2. Dev shall confirm the FSI Potential of the Plot
3. Drafts of DA, PoA & PAAA shall be approved in SGBM
4. Society & Developer shall execute DA
5. Dev shall Pay Stamp Duty
6. Soc and Dev shall Register DA
7. Soc shall issue PoA to Developer
Draft of DA shall be prepared in line with the provisions of Tender Documents. It may take a few rounds of joint discussions before the same is finalized. Once DA is registered and PoA is received, the Developer shall be legally entitled to represent and act on behalf of the Society for your RD Project.
This Process of Legal Documentation may take about 3 months. Its step-by-step process is given in its Roadmap. We are also developing several ready-to-use standards for this Stage, which you can use as guideposts or referen ...
Plans & Approvals/ Permissions:
Generally, the process of approval of Plans is mentioned in the Tender Documents. Plans need to be first approved by the Members before they are submitted to Approving Authority for statutory approval and permissions. Quite often, Dev’s Architect prepares plans soon after Dev’s selection and the process goes on simultaneously with Legal Documentation. The important steps in this process are as follows:
1. Preparation of Floor Plans for Members Units
2. Review of Floor Plans by PMC
3. Revision of Floor Plans and Review by PMC
4. Approval of Floor Plans by MC
...
1. Preparation of Floor Plans for Members Units
2. Review of Floor Plans by PMC
3. Revision of Floor Plans and Review by PMC
4. Approval of Floor Plans by MC
...
Vacating Units:
Once the plans are approved by the Statutory Authorities and Permissions are obtained, you should get ready to vacate your existing units. But before that the Developer is required to discharge some obligations and fulfil some conditions as per the terms of DA. The important steps in this process are as follows:
1. Execution and Registration of PAAA
2. Submission of Performance Security by Dev
3. Notice to Vacate from the Dev
4. Discharge of agreed Financial Commitments by Dev
5. Vacating Units by Members
6. ...
1. Execution and Registration of PAAA
2. Submission of Performance Security by Dev
3. Notice to Vacate from the Dev
4. Discharge of agreed Financial Commitments by Dev
5. Vacating Units by Members
6. ...
Review of Plans:
The Proposal Plans, which are to be submitted for Statutory Approval, may be reviewed for the following things:
1. FSI Statement
2. Floor Plans, Sections
3. Planning: Rooms, Toilets, Utility Areas
4. Planning: Light & Ventilation
5. Verification of Carpet Areas
6. Levels, Floor Heights
7. Built Amenities
8. Basements
9. Gates, Ingress, Egress
10. Car Parks & Movement
11. Flat Allocation ...
1. FSI Statement
2. Floor Plans, Sections
3. Planning: Rooms, Toilets, Utility Areas
4. Planning: Light & Ventilation
5. Verification of Carpet Areas
6. Levels, Floor Heights
7. Built Amenities
8. Basements
9. Gates, Ingress, Egress
10. Car Parks & Movement
11. Flat Allocation ...