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STEP-2:   Feasibility Study report

1. Total Plot area
2. Total occupation of carpet areas and builtup areas. Check 

    cluster development.
​3. As per new
DCR 2034 rule, calculate the potential of the

    plot for redevelopment.
4. Evaluate the Road plan and fungible FSI and TDR costs

    for specific areas.
5. Generate the total builtup area report as per the potential

     along with construction cost and other charges.
6. Prepare a consolidated report as Project Feasibility report

    for Redevelopment of said plot

Civil construction, redevelopment project in Mumbai, Thane and Navi Mumbai for old dilapidated structures

REDEVELOPMENT OF SOCIETIES   I   FEASIBILITY STUDY   I   PMC BY CSR CONSULTANT AND ASSOCIATES

REDEVELOPMENT PROJECT FEASIBILITY REPORT

Feasibility report for redevelopment
As per new DCR 2034 rule, calculate the potential of the plot, builtup areas, extra areas and construction cost.

AGREEMENT AND DOCUMENTATIONS BETWEEN DEVELOPER AND SOCIETY

CLARIFICATION SESSION WITH MEMBERS AND DETAILING W.R.T. THE FEASIBILITY STUDY REPORT

Redevelopment or Self Redevelopment of societies in Mumbai, Thane and Navi Mumbai, Architectural, and Surveying Services for old damaged structures beyond repairs or repair cost not feasible.

STEP-4:   Selection of Builder / Developer


1.  Comparative statement commercial and profile wise.

2.   Assisting Societies to select 3 to 4 Bidders.

3.   Arrange one to one meeting of Bidders with the

      Redevelopment committee / Managing committee

4.   Selection of one Bidders

5.   Arrange a meeting with all Stake holders and discussion

      about the various Bidders capability and capacity.

6.   Selection and Announcement of winning Bidder.

STEP-6:   WORK IN PROGRESS TO OC


1. Work in progress report every bi-weekly

    or monthly. 
2.  Update Society and seek permissions for any change 
     in plan for improvement of living.
3.  On completion of project, OC to be handed over to

     existing member and new members who have added.
4.  Hand over all the equipment / installation - warranties, guarantees for easy takeover by forming a Society committee.

Special Provisions for Tenanted and Non- Tenended Buildings Redevelopment Project - Section 33 (7) introduced


Section 33 (7):

Redevelopment of Cessed buildings in the Island City by Co-operative Housing Societies or of old buildings. Redevelopment under DCPR 2034 Regulation Section 33(7),33(7)A & 33(7)B13


1. In the case of redevelopment of cessed building existing prior to 30/9/1969 undertaken by landlord or Co-operative societies of landlord and Co-operative Housing Societies of landlord/occupiers, the total FSI shall be 3.00 of the gross plot area or the FSI required for rehabilitation of existing occupiers plus 50% incentive FSI whichever is more.


2. In case of composite redevelopment undertaken by landlord or Co-operative societies of landlords and Co-operative Housing Societies of landlord/occupiers jointly of 2 or more plots but not more than 5 plots with cessed buildings existing prior to 30/9/1969, the FSI permissible will be 3.00 or FSI required for rehabilitation to exiting occupiers plus 60%incentive FSI, whichever is more the occupier shall be eligible for 8% additional rehab Carpet Area.


3. Provided further, that if the number of plots jointly undertaken for redevelopment is six three or more with cessed buildings existing prior to 30/9/1969, the incentive FSI available will be 3.00 or FSI required of rehabilitation for occupiers plus 70% incentive FSI whichever is more and the occupier shall be eligible for 15% additional rehab Carpet Area.


Section 33 (7)A:

Redevelopment of dilapidated/unsafe existing authorized tenant occupied building in Suburbs and Extended Suburbs and existing authorized non-cessed tenant occupied buildings. Redevelopment under DCPR 2034 Regulation Section 33(7),33(7)A & 33(7)B14


1. In case of the plot consisting of only tenant occupied building, the F.S.I. shall be equal to F.S.I. required for rehabilitation of existing lawful tenant plus 50% incentive F.S.I. and the occupier shall be eligible for 5% additional rehab carpet area.


2. In case of composite development i.e. the plot consisting of tenant occupied building along with non-tenanted building, the FSI available shall be equal to FSI required for rehabilitation of existing lawful tenant plus 50% incentive FSI plus FSI that has already authorised been utilized/consumed by the non-tenanted buildings/structures.


3. In case of composite development i.e. the plot consisting of tenant occupied building along with non-tenanted building, the FSI available shall be equal to FSI required for rehabilitation of existing lawful tenant plus 50% incentive FSI plus FSI that has already authorised been utilized/consumed by the non-tenanted buildings/structures. 4. No new tenancy created after 13/6/96 shall be considered.


​Section 33 (7)B:

Additional FSI for Redevelopment of existing residential housing societies excluding buildings covered under regulation33(7) and 33(7)(A) Redevelopment under DCPR 2034 Regulation Section 33(7),33(7)A & 33(7)B15


1. In case of redevelopment of existing residential housing societies excluding cessed buildings proposed by Housing societies/land lords or through their proponents where existing members are proposed to be re-accommodated on the same plot, incentive additional BUA to the extent of 15% of existing BUA or 10 sq. m per tenement whichever is more shall be permissible without premium.


2. If staircase, lift & lift lobby areas are claimed free of FSI by charging premium as per prevailing Regulation then such areas to that extent will be granted free of FSI without charging premium.


3. If same is counted without charging premium as per prevailing Regulation then these areas may be availed free of FSI by charging premium as per these Regulations.



DCR 2034 - Draft Copy Click here

STEP-5:   Agreement and Legal permissions from respective Municipal Offices and other statutory licenses


1.  Agreement between Developer / Builder with Society

     members.

2.  Check IOD, CC and other statutory document status

     with the Developer / Builder.

3.  On completion of all documentation, evacuation process to be assisted.

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​Provisions in the favour of Redevelopment as per DCPR 2034


Redevelopment under DCPR 2034 Regulation Section 33(7),33(7)A & 33(7)B8


  • 70% Consent of eligible tenants was mandatory for the redevelopment of cessed building as per DCR 1991 which is now reduced to 51% of total eligible tenants.
  • Minimum CA for residential unit – 300.00 Sq.ft & Maximum CA – 1292.00 Sq.ft (Previous Max Area – 753 Sq.ft) 
  • Commercial premises new area must equal to old carpet area of old premises in existing building.
  • The successful bidder has to give a bank guarantee equivalent to 20% of the total project cost to show his financial strength and proof that he will not throw away the project midway.

STEP-1:   Documentation


1. Conveyance deed
2. Society Registration Certificate
3. General Body Resolution to go for redevelopment.

4. List of member with their respective carpet areas

5. C.T.S. plan & property card for the plot.
6. D.P. remarks, If the property is under TPS scheme then T.P. remarks

7. Copy of municipal approval plans

Experts of Feasibility study report for redevelopment projects in Mumba Thane and Navi Mumbai regions. 


New DCR 2034 sanctioned rules and regulations.

FEASIBILITY STUDY REPORT FOR REDEVELOPMENT PROJECTS

STEP-3:   Meeting with Stake holders


1.  Explaining the feasibility report along with limitation of

     the area

2.  Details for the evacuation process and shifting charges

     with rental charges.
3.  Corpus fund details

4.   Additional areas generated.

5.   Developer or Builders expectations.

6.   Amenities and Parking details

7.  Appointment of Redevelopment committee to oversee various steps

8.   Tender conditions.

9.   Generation of Tender documentation and placing advertisement in Leading Newspaper wanting for Developer or Builder

WHAT IS FEASIBILITY STUDY REPORT IN REDEVELOPMENT PROJECTS?


FSI CALCULATION AND POTENTIAL OF PLOT, GAINS THAT CAN BE ACQUIRED IN TERMS OF EXTRA AREA IS CALLED FEASIBILITY STUDY REPORT. The purpose of this report is to understand, what is to be expected from the redevelopment on ones plot.


FAQ's towards Feasibility study report by CSR Consultant and Associates


1. We can directly get the offer from the builders and Developers who approach us. So why to spend on feasibility study report?

Answer: Builder developers are profit oriented organisations. Consultants like CSR can help you grab the exact data and potential of your plot without any vested interests. This is just a professional service extended by CSR consultant and Associates towards the Society, for assisting them with decision makings.


2. What are the documents needed for making of feasibility study report?

Answer: Majorly at the initial stage, document showing owner of plot, Plot areas and currently built up area or carpet area  consumed and DP remarks latest copy are needed for evaluation of feasibility report.


3. How many days does it take for feasibility report?

Answer: Generally it takes 25 to 30 days from the date of receipt of all documents.