Redevelopment is re-construction of buildings on a plot, using the latest Development Control Regulations, in a way that is most advantageous.
Society explores the option of redevelopment as against repair and to get major benefits.
Please refer "Process" menu which lists all the necessary steps involved in redevelopment of building.
Mandatory procedures listed in, Cooperative Housing Societies Buildings Redevelopment Directives, under Section 79(A) of the MCS Act and Rules 1960, in respect of Redevelopment of Building of Cooperative Housing Societies in Maharashtra, issued by Chief Secretary Cooperation and Marketing, dated 3rd January 2009.
Generally it takes 3 to 6 months, depending upon the number of documents required.