WHY NEED A SENIOR COUNSELOR FOR REDEVELOPMENT
Redevelopment of housing societies is usually burdened with many complexities and hurdles right since beginning of its process and the lack of knowledge on the part of Managing Committees in various areas of redevelopment adds to miserable conditions of the members of the society. To assist the society and its members, we are here to assist your society to overcome the problems/shortcomings that block the way of the society in fulfilling its dreams of new houses.
It is advised for the Managing Committees and its members to get educated of the various acts, laws and rules governing the societies and the redevelopment to facilitate them to be vigilant from irregularities and illegalities in redevelopment as also how to beware of cheat and fraud builders with their criminal and felonious acts.
We shall be pleased to get associated with your society with regard to providing far-reaching and flawless edification on various parameters of redevelopment and vetting/drafting of various legal documentations as well, in the corporate interest and protecting the legal rights of your Members.
We are equipped with a team of learned Advocates well adept in redevelopment laws, renowned PMCs and Architects of repute associated with us. Our Intro and Rate Card is as under, which can be discussed with your Managing Committee for taking decision.
We are experienced and high profiled Senior Counselors and Analysts for Redevelopment of housing societies and Society Laws since last many years with in-depth study of integral techniques and are exclusively skilled in the various areas of Redevelopment of housing societies and Society Laws. The Resident Members/Managing Committee Members of Housing Societies, Tenants of Cessed/Non-cessed Buildings in South Mumbai gain valuable insights about the fundamental guiding principle of various laws applicable in the process of redevelopment.
Our professional competence in the field of redevelopment is the outcome of skilled application of our knowledge and expertise. This includes interviewing and counselling skills, negotiation and mediation skills, research and writing skills, communication and advocacy skills, drafting skills, fact gathering and articulation skills, time and stress management skills, etc. all of which can be acquired through our guidance on entire process of redevelopment supported by theoretical learning.
It is indeed our pleasure to introduce our exceptionally unique websites distinctively designed to educate the adolescent Members, Managing Committees and Tenants of thousands of Co-operative Housing Societies and Tenanted Buildings who like to learn what is redevelopment and its built-in intricacies. The addresses of our two websites are as under:
www.redevelopmentofhousingsocieties.com &
www.redevelopmentofhousingsociety.com
With prior appointment on 9819825752 or on 26774400, our consultancy slots of two hours for the Meetings are from 12.00 noon to 2.00 p.m. and in the evening from 6.00 p.m. to 8.00 p.m. on all the days of the week (Including Sundays and Holidays). If you wish to avail our services, you may call on us for an appointment any time during the day till late evening.
We hold direct interaction with the Resident Members/Managing Committee Members/Tenants on the various parameters that are involved in Redevelopment of housing societies and solve most of their problems/provide adequate direction to represent their cases to various authorities. At present, we have around more than 200+ housing societies including Cessed/Non-Cessed Buildings from Western/Central Suburbs and South Mumbai on our scroll that regularly avail our services at any point of need.
We are well practiced in major laws such as Transfer of Property Act, 1882, Registration Act, 1908, Indian Contract Act, 1872, CRZ Laws, State Laws like Maharashtra Ownership Flats (Regulation of Promotion of Construction, Sale, Management and Transfer) Act, 1963, MRTP Act 1966, Maharashtra Co-operative Societies Act, 1960 and Rules 1961, Housing Society Bye Laws, Stamp Duty Laws, Development Control Rules, Environmental Law, Tree Cutting Laws, Municipal Laws, Slum Redevelopment Scheme etc.
If there are serious irregularities in the process of redevelopment and when they are noticed halfway, they can jeopardize the redevelopment and the consequences can be severe as what the law does not permit, cannot be done either by the Developer or by the Society.
We are earnestly thankful to our Media Partners Times of India (Times Property), Hindustan Times (HT Estate), Indian Express, DNA, Business Standard, Economic Times, Navbharat Times, CW Property, Mumbai Mirror, MSWA’s Housing Societies Review, MAGICBRICKS, Estate World and First Post and many more for awarding suitable coverage to our objectives, interviews, articles and publishing our expert comments encompassing various features ruling the Redevelopment of Housing Societies and Societies Laws.
We have been regularly invited at Seminars organized by various establishments to impart exhaustive and far-reaching knowledge in meticulous manner encompassing the diverse topics on redevelopment to educate and guide the participants from Co-operative Housing Societies, MHADA Colonies as also the Members from Tenanted Buildings (Cessed/Non-Cessed), Clusters, Slums and CRZ etc.
The most important factors that bring out the successful results in any project of redevelopment and they are 1) The selection of correct Developer and 2) The precise scrutinizing, vetting and drafting of legal documents governing the entire process of redevelopment.
The housing societies often get confused about choosing the suitable, honest and diligent or so to say, one HONEST DEVELOPER. There are many cases where the dreams of Members of the housing societies are crashed when the terms of Development Agreement are breached and time schedule of completion of project is not maintained by such insatiable Developers.
There are types of voracious Developers of III tire who have abandoned or have delayed the redevelopment projects in Mumbai due to various reasons mainly because of paucity of inflow or diversion of funds from the assigned projects in order to acquire/pocket more and more new projects beyond their financial means or are simply not capable to execute them due to lack of competency and precision and finance management.
Our constant endeavor is to educate the Members and Managing Committees of housing societies since at times, it is experienced by us that they are helpless in many ways due to lack of knowledge, lack of funds or lack of finding legal experts thorough with all the Laws, Acts, Rules and Guidelines of redevelopment and mostly due to lack of time, energy to fight against the cheat and fraud Developers.
Since the redevelopment of a property is an exigent issue now a days with offending Developers and their felonious and offending treats to inexperienced Managing Committees of Housing Societies, we especially impress our Client Societies to be vigilant on the issues like Delivery Delays, Broken Promises, Breach of Trust, Cheating, Unfair Trade Practice, Deficiency in Service, Abandonment of Redevelopment Projects half way, Corruption and Malpractice to pocket the Redevelopment Assignment, Illegal Constructions, Blatant Violation of Acts, Laws and Rules etc.
Redeveloping a home is a major decision for the lifetime and one would not want to take chances. It is said that till you do not leave your Society, you are the KING. The day on which you handover your property to the Developer for redevelopment and leave your Society, the Developer is the KING.
Apart from our own websites, our articles are published by numerous websites on Internet for the benefit of housing societies in Mumbai to educate their Members and caution them to be vigilant and alert from irregularities and illegalities in redevelopment by the Developers, targeting the naïve and innocent Members and Managing Committees, Rampant Corruption in BMC, Flagrant violation of Rules and Regulations by the Developers and how to beware of Cheat and Fraud Developers and their dishonest acts.
We are well equipped with almost all the areas with regular updates of latest developments in Realty Sector and provide an exclusive knowledge to tackle unresolved problems and solutions for successful and winning completion of redevelopment projects which is a dream of the day for any middle class family man.
However, there are numerous factors/questions that arise during the ongoing process of redevelopment and they are to be taken care of diligently by seeking advice/counseling from Redevelopment Experts like us who are abundantly conversant with various Laws of Redevelopment.
We persistently endeavor our best by updating our websites periodically to cater the unsurpassed knowledge of various aspects of redevelopment and unique articles written with exclusively powerful, precise and easy-to-understand content for every individual.
We request our beloved patrons of all Housing Societies/Apartment Owners/Landlords of Cessed and Non Cessed Buildings in their apex interest to regularly visit/revisit our websites and stay updated on latest features covering up-to-the-minute topics including changing Govt. Policies on Realty Sector related to redevelopment.
Redevelopment Documents, as the name suggest, are the principal documents executed between the Office Bearers of Managing Committee/Landlords and the Developer for the redevelopment of property. But it's not as simple as it sounds; the Housing Societies/Landlords need to exercise necessary caution to ensure that the residents' corporate interest is safeguarded.
The legal documents concerning the redevelopment projects are essentially to be precise and leaving no room for any ambiguity on the agreed terms. Documents drafted meticulously ensure that the parties truly agree on the contents and prevent future disputes caused by differing interpretations of the document. Drafting/Vetting of legal documents accurately is our privileged skill requiring close attention to terms and conditions to be documented in favour of the Society.
While it is easy to draft terms addressing the primary purpose of a legal document, the best documents anticipate all those possible events that might interfere with the Society’s intent. We anticipate these events to help our Client Societies/Landlords to determine and arrest such eventualities in documentation.
We are well adept in Laws governing the Redevelopment of housing societies and distinctly experienced in DRAFTING, VETTING, ANALYZING, SCRUTINY and INSPECTION of documents like Feasibility Reports, Tender Documents, Draft of Memorandum of Understanding, Development Agreement, Power of Attorney, Bank Guarantee and Individual Agreement to be executed with each member of the Society that are generally provided by the Developers to the housing societies which are drafted in a manner to provide escape areas/full protection to the Developers by neglecting the vital terms and conditions protecting the interest of the Society.
The venture of redevelopment of any property involves a massive volume of multi-crore of rupees as also the fate and future of all the Resident Members of the Society. Once the property is handed over to the Developer, the Society has only legal documents in their hand to rely upon, in case of any adverse situation in accomplishing the successful task of the redevelopment. Our approach in respect of analyzing/drafting all the legal documents pertaining to the redevelopment is scientific and systematic.
We have team of learned Advocates for vetting and drafting of all legal documentations in most effective manner. These drafts after methodically vetted, scanned and scrutinized theoretically by us and the gray areas/pitfalls and shortfalls are exposed and a detailed written report is given to our Client Society apprising them the areas of alerts and awareness and advise them to impress upon the Developer to modify and improve all the legal documents of redevelopment in corporate interest and safety of the Society to achieve the desired results.
The housing societies must study, understand and try to forestall the weaknesses under Financial/Legal and Technical areas to be termed in Development Agreement benefiting the Members as many of these areas are conveniently ignored/not documented by the Developers in the Development Agreement and we impress upon the housing societies to emphasize upon and compel the Developer to add those ignored conditions in Development Agreement in the corporate interest of the Society to protect their hard earned homes.
Please click on the link given below to understand the importance of vetting and scrutinizing of various legal documents related to the redevelopment.
As per the prevalent practice in the redevelopment industry, all the professionals fees and other charges of professionals hired by the Society such as Lawyers, Consultants, Counselors, Architects, Engineers and PMC are fully borne and reimbursed by the Developers to the Society as and when incurred or periodically as decided by the Society and this term is specifically mentioned in the Development Agreement.
We are equipped to provide most flawless and in impartial manner, our proficient consultancy services pertaining to redevelopment project of your Society including required comprehensive guidance online. All our Client Societies in Mumbai and Maharashtra have been successfully benefited by our all-round and timely assistance for successful completion of their redevelopment projects.
At any point of need, our association with you shall remain online for any legal advice/clarification all the way through which would benefit the Managing Committee while negotiating the consequential and important terms with the Developers, sorting out multifaceted or intricate issues pertaining to the redevelopment project of your Society.
Dilip Shah
Senior Counselor and Analyst for Redevelopment of Housing Societies and Society Laws
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