Every RD Project begins with Feasibility Study. At this stage, your PMC undertakes a Feasibility Study and prepares a Feasibility Report from which you understand the Project’s Technical Feasibility, Financial Viability and probable benefits to the Members.

The main steps for this Stage are as follows:
1. Compiling Title Docs, Old Approved Plans etc
2. Obtaining Technical Docs, Remarks, NOCs etc
3. Conducting Plot Survey
4. Deciding Members’ Base Carpet Areas
5. Preparation of Feasibility Report
6. Approval of Feasibility Report in SGBM

The Report must be based on reference data/ documents and may present different scenarios depending on different Development Regulations or different modes of utilization of the FSI. Constraints or Challenge for the Project or relative merits and demerits of each scenario should also be highlighted. A good understanding of these will help you decide an appropriate strategy for the further course of the Project.

This Stage may take about 1 to 2 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 references!