PHASE WISE JOURNEY
Regular Users
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Initiating Project and Appointing PMC:
A Redevelopment Project is the Project of “One Large Family” of the members of a Co-op Housing Society who are the collective owners of the Society’s plot. Therefore, it should be undertaken with consensus of majority of members and executed in a transparent manner. Throughout the Project, Society is represented by its Managing Committee (MC), who share a huge functional and moral responsibility.
The main steps for this Stage are as follows:
1. Members’ Consent for RD in SGBM
2. Selection of PMC in SGBM
3. Deciding Broad Project Time Frame
Considering the complexities of RD Projects, the role of a PMC as a subject matter expert and advisor to Society is extremely important. Therefore, he should be selected only after necessary due diligence regarding his expertise and experience especially for your type of project.
This Stage is mainly preparatory in nature and may take about 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! ...
Feasibility Study & Report:
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 ...
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 ...
Info/ Docs Required for Feasibility Study:
The following info/docs are commonly required for Feasibility Study:
a) From Society Record:
1. Title/ Conveyance Docs
2. Old Approved Plans
b) To be obtained from Various Offices:
1. Old Occupancy/ Completion Certificate
2. PR Card/s
3. CTS Plan
4. DP & RL Remarks/ TP Remarks
c) To be Prepared:
1. Physical Survey Plan
2. Base Carpet Areas
...
a) From Society Record:
1. Title/ Conveyance Docs
2. Old Approved Plans
b) To be obtained from Various Offices:
1. Old Occupancy/ Completion Certificate
2. PR Card/s
3. CTS Plan
4. DP & RL Remarks/ TP Remarks
c) To be Prepared:
1. Physical Survey Plan
2. Base Carpet Areas
...
Contents of Feasibility Report:
Feasibility Report presents a Techno-Commercial Study. Its main contents may be as follows:
1. Reference Documents/ Data
2. Plot Description & FSI Potential
3. Assumptions/ Parameters used
4. Detailed Feasibility Calculations
5. Statements of Cost, Revenue & Returns
6. Key Financial Yardsticks Used
7. Probable Members Benefits & Terms
8. FSI Distribution Statement
9. Constraints & Challenges, if a ...
1. Reference Documents/ Data
2. Plot Description & FSI Potential
3. Assumptions/ Parameters used
4. Detailed Feasibility Calculations
5. Statements of Cost, Revenue & Returns
6. Key Financial Yardsticks Used
7. Probable Members Benefits & Terms
8. FSI Distribution Statement
9. Constraints & Challenges, if a ...