While redevelopment is a long, tedious process that can eventually benefit residents, care should be taken to abide by all legal formalities to avoid disappointment and lengthy legal battles.
A building which is more than 30 years old has to conduct a structural audit once in three years as per bye-law No 76, of the Model Cooperative Housing Society bye-laws. .
The Society also has to get its deemed conveyance done, as it is one of the prerequisites for redevelopment. .
PAAA provides legal sanctity to the old flat owners that a newly built flat has been allotted in their name in the redeveloped building. Legally, it is only after the PAAA has been signed that homeowners should vacate their old building to commence redevelopment.