REDEVELOPMENTOF HOUSING SOCIETIES...WHAT IS REDEVELOPMENT THAT EVERY SOCIETY WANTS TO KNOW? Redevelopment is the process of demolishing existing old society building and reconstructing it by appointing a good Developer who can construct and handover new flats to the society members free of cost with some additional benefits and make profit by utilizing balance plot potential by constructing additional flats and shops as per approval from M.C.G.M. Today the societies are opting to go for redevelopment for certain reasons such as the... read full review »

VERY IMPORTANT FOR REDEVELOPMENT OF HOUSING SOCIETIES: ARE GOVT. GUIDELINES REALLY PERSUASIVE AND CONVINCING? With a view to ensure transparency in Societies seeking to undertake redevelopment projects, the Government of Maharashtra had issued a Circular bearing No. CHS 2007/CR554/14-C, Co-operation, Marketing and Textiles Department Date: 3rd January 2009 this contains a Directive under Section 79 (A) of Maharashtra Co-operative Societies Act 1960 for all the Co-operative Housing Societies in the State of Maharashtra regarding the... read full review »

TO THE SECRETARY NUTAN KALPANA COOPERATIVE HOUSING SOCIETY I REFER TO THE WEBSITE OF YOUR COMPANY AND THE THEFT OF CERTAIN POINTS OF MY ARTICLES PAGED ON INTERNET WITH REGARD TO REDEVELOPMENT OF HOUSING SOCIETIES IN MUMBAI. YOUR ACT OF PLAGIARISM OF COPY/PASTE FROM MY ARTICLE ON GUIDELINES ON REDEVELOPMENT OF OLD HOUSING SOCIETIES IN MUMBAI IS LIKE ADOPTING A CHILD BY A LAZIEST COUPLE WHICH DOES NOT BELIEVE IN LABOUR OF CONCEIVING. DO NOT TRY ASTONISHING AND FALLACIOUSLY IMPRESSING YOUR CLIENTS AND SURFERS BY YOUR SILLY ACT... read full review »

REDEVELOPMENT OF HOUSING SOCIETY AND COMPENSATION TO BE PAID BY THE DEVELOPER FOR DELAYED POSSESSION OF YOUR FLAT Builders and developers play vital role in redevelopment of housing societies. Currently, the redevelopment mania of residential properties is booming in full swing and one finds in Mumbai that compound wall of every third property of a society is covered with tins as number of small time builders and real estate companies has joined the battle in an effort to grab a share of this fast rewarding pastry. There is also... read full review »

LONG LIVE CORRUPTION IN REDEVELOPMENT OF HOUSING SOCIETIES IN MUMBAI Many countries have beaten India in diverse fields. However, India has out-beaten all the countries in one field and that is widespread corruption for which every Indian is proud about his country being on the pinnacle since ages. One of the areas of this majestic achievement by established interests of the corporate field is redevelopment of old housing societies and commercial joints in metro cities. In the name of redevelopment of old housing societies in... read full review »

REDEVELOPMENT OF HOUSING SOCIETIES: BUMPS, BASH AND BOUNCERS FROM BUILDERS In cases of redevelopment, it is said that till you do not leave the society, you are the KING. The day on which you handover your property to the builder for redevelopment and leave the society, the builder is the KING. Prospective housing societies dreaming of redevelopment of their property often get confused about choosing the right builder. Market of redevelopment for residential property is booming and numbers of small time builders and real estate... read full review »

REDEVELOPMENT OF HOUSING SOCIETIES AND LATE POSSESSION OF FLATS Have you booked a flat in an under-construction project? Is your flat getting ready in redevelopment project of your housing Society? You may have to get ready for a long wait for keys of your dream house. An acute shortage of sand in the city has slowed down the pace of all kinds of construction activities. All projects, depending upon their aggregate area of construction, are now feared to be delayed by months or by years. A PIL was filed in Mumbai High Court that... read full review »

CONSENT LETTER FOR RE-DEVELOPMENT OF HOUSING SOCIETIES The Government of Maharashtra has issued a Circular bearing No. CHS 2007/CR554/14-C, Co-operation, Marketing and Textiles Department Date: 3rd January 2009 contains a directive under Section 79 (A) of Maharashtra Co-operative Societies Act 1960 for all the Co-operative Housing Societies in the State of Maharashtra regarding the Redevelopment of Buildings of Co-operative Housing Societies. In accordance with the above guidelines and series of meetings of the members of the... read full review »

REDEVELOPMENT OF HOUSING SOCIETIES AND IMPORTANCE OF INDEMNITY BOND IN FORM M-20 FOR MANAGING COMMITTEES Members of the Co-operative Housing Societies – please note – your entire exercise of redevelopment efforts will come to a naught, if your office bearers are not elected as per the provisions of Byelaws and the committee is lawfully formed. This includes the mandatory filing of indemnity bonds in Form M-20 within fifteen days of their election. However, most of the societies were found to be uninformed, clueless or... read full review »