PHASE WISE JOURNEY
Sr. No. | Step | By | Particulars | M/ R/ G |
---|---|---|---|---|
1 | Issue LOI to Selected Dev | MC | LOI is to be issued to Selected Dev after NOC is received from Dy. Registrar.
For Suggested content of LOI, refer to Guidepost. | M, R & GP |
2 | Submit Letter of Acceptance of LOI to MC | Dev | Dev should submit Acceptance of LOI to MC together with release of payments/ deposits due at that stage. | R |
3 | Establish FSI Potential of the Plot | Dev | Obtain latest Property docs, NOCs, Remarks, Permissions etc and establish the FSI Potential. | |
4 | Finalize Work Specs, Lists of Internal, Common & Built Amenities | MC, Dev, PMC | Area wise list of Work Specs and Amenities should be prepared. The same shall become a part of DA. For Suggested List of Work Specs and Amenities, refer to Guidepost. | R & GP |
5 | Technical Due Diligence | MC | May cover Structural Design Basis Report (DBR), Geotechnical Report (GTR), Finished Ground Level & Plinth Levels |