Redeveloping a housing society is a significant undertaking that requires careful planning and adherence to specific guidelines. In Maharashtra, the process is governed by the Maharashtra Co-operative Societies Act, 1960, and the directives issued by the state government. Here’s a step-by-step guide to help you navigate the redevelopment process successfully.
1. Adoption of Redevelopment Guidelines
All co-operative housing societies must adopt or amend their bye-laws to include the chapter on redevelopment. This ensures that the society follows a standardized process.
2. Convening Special General Body Meetings
The process begins with a requisition for a Special General Body Meeting (SGM) to discuss the redevelopment needs. During this meeting, members can provide written suggestions, and decisions are taken collectively.
3. Appointment of Consultants
The society should appoint experienced architects, project management consultants (PMC), legal advisors, and tax consultants. These professionals will help in preparing project reports and analyzing the feasibility of the redevelopment.
4. Preparation of Project Report
The appointed PMC/architect will conduct a detailed survey of the society’s buildings and land. They will work on policies, regulations, and society’s demands to prepare a realistic feasibility and technical project report.
5. Tendering Process
Once the project report is approved, the society should float tenders to invite developers to bid for the project. The tendering process must be transparent and follow the guidelines issued by the state government.
6. Selection of Developer
The society should scrutinize the bids received and select a developer based on the merits of their offer, experience, and financial stability. The selection process should be conducted in consultation with the appointed consultants.
7. Development Agreement
After selecting a developer, the society should prepare a comprehensive development agreement covering all terms and conditions. This agreement must be approved in a Special General Body Meeting.
8. Maintaining Transparency
Throughout the redevelopment process, it is crucial to maintain transparency. The society should circulate minutes of meetings and work reports regularly to keep all members informed.
Conclusion
Redevelopment can significantly enhance the living conditions and value of a housing society. By following these guidelines and maintaining clear communication, societies can ensure a smooth and successful redevelopment process.
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