Redevelopment

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Answered on November 09, 2017
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  • It depends upon the size and shape of the land & also the encroached area. One should always try to remove encroachment for the better planning however If it's not possible to remove it then encroached area is deducted from the plot area. in that case TDR and fungible compensatory FSI of encroach area will not be available for the construction.

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    Answered on November 09, 2017
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  • Please contact Practising Architect in your area. We can try and find names if we get exact details for the area in which you operate

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    Answered on November 09, 2017
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  • Without knowing the size of the proposed building, its difficult to assess completion time for the building. It all depends on the size of the plot, plan whether there is a basement or a podium or both or none. However, If all the permissions are in place and plans are sanctioned then a standalone building with basement or car parking floor/podium should take around 30/36 months for the complet...

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    Answered on November 09, 2017
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  • You have to check the lease document, whether any such conditions are mentioned requiring consent of the owner in case of the redevelopment. sometimes the lease is executed in favour of the society for 99 or 999 years with complete right of the redevelopment.

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    Answered on November 09, 2017
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  • As this is illegal, we do not entertain such encroachers. However, if they are adamant and they try disrupt the redevelopment, a developer may offer them some area or other consideration on account of the society. It is advisable to tackle this situation internally before going for redevelopment.


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    Answered on November 09, 2017
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  • A PMC refers to a Project Management Consultant and is generally associated with architects, engineers and quantity surveyors. Project management involves integrating the entire project team including the developer and the society, and creating synergies that lead to achievement of the project objectives which revolves around four elements: performance, cost, time and scope.

    Keep in mind the fo...

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    Answered on November 09, 2017
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  • Normally on a top floor or on the first floor of the building a terrace is formed out of compulsion and its used by the adjoining flat owner. As such its not counted in the built up area of the building. Its a point of negotiation between the developer and a owner of such terrace to settle it.

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    Answered on November 09, 2017
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  • It's not mandatory to offer extra area to Society, however as per the provisions of prevailing D. C. regulation, fungible compensatory floor Space Index (FSI) of the existing building shall not be used for free sale, depending upon the feasibility of the project extra area is offered. In suburbs builder get admissible FSI of the plot, TDR ( depending upon the road on which the plot of the socie...
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    Answered on November 09, 2017
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  • Its always better to remove such encroachment for a better planning and to fetch better value of the property. However, if it is difficult, then that area should be earmarked and deducted from the plot area but it should be done in consultation with the Architect.


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    Answered on November 09, 2017
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  • One has to inquire with real estate brokers in his area to know prevailing rent and can also be ascertained by visiting few flats avavilable on rent in the near by area. Amount of the corpus will depend upon feasibility of the project and it is usually created to cover cost of maintenance of the new premises offered to the existing member.