FEASIBILITY STUDY REPORT FOR REDEVELOPMENT PROJECTS

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.



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.

STEP-1:   Basic Documentation


1. Society Registration Certificate
2. List of member with their respective carpet areas

3. C.T.S. plan & property card for the plot.
4. D.P. remarks, If the property is under TPS schemes

5. Copy of municipal approval plans

6. Appointment letter to CSR for providing feasibility report

STEP-3:   Feasibility explanation to all members


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. Final conclusion of 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-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.

​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.

DCR 2034 - Draft Copy Click here

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STEP-2:   Feasibility Study report

1. As per new
DCR 2034 rule, calculate the potential of the

    plot for redevelopment.
2. Evaluate the DP remark Road width plan, fungible FSI and

    TDR costs for the plot area.

3. Generate the total built-up area report as per the potential

     along with construction cost and other charges.

4. Total expenses towards the project like construction cost,

     rental costs, deposit costs, FSI charges, NOC charges, 

     liasioning charges, various consultants fees, interest

     charges, corpus fund.
5. Prepare a consolidated report of Project Feasibility report

    for various profit margin and additional area offers.

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

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 current 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.

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.

STEP-4:   Appointment of PMC consultant for tendering, Selection of Builder / Developer, supervision to hand over of lock and key to existing members.


1. Appointment of PMC consultant for duration of project.

2. Tender drafting and finalization in SGM

3. Advertisement of tender for calling in bidders. Comparative

    statement commercial and profile wise.

4. Assisting Societies to select 3 to 4 Bidders.

5. Arrange one to one meeting of Bidders with the

    Redevelopment committee / Managing committee

6. Arrange a meeting with all Stake holders and discussion

    about the various Bidders capability and capacity.

7. Selection of one Developer / Contractor  Selection and Announcement of winning Bidder.

8. Completion of all documentation for developer as per 79A GR in presence of registrar.

Professional for redevelopment projects for old dilapidated structures beyond repairs


Contact: +91 9323547766​

Email: csrbuildingrepair@gmail.com​​

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


New DCR 2034 sanctioned rules and regulations.

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