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Quality of construction : will be best as the material, will be selected by the members |
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Litigation : possibility is very less as the entire project will be developed by the society itself. |
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Plan to suit the members: plan will be prepared - considering the needs of the present members and by the society appointed architect. |
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Increase in sale price : benefit will be available to the Members/ society. |
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As per Byelaw No 77 of the New Model Byelaws, Structural Survey of the Building to be carried out by the Managing Committee |
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Appointing capable Project management agency who has team of technical and legal experts. |
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The M C will ask the Project Manager (P M ) to survey the Plot/Area/F.S.I – T.D.R / B.M.C – MHADA rules applicable. Find out the Technical and Financial details, including viability, comparison of repairs vis-a-vas Reconstruction. |
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Structural Survey Report & Feasibility Report: to be circulated to all members of the society, asking for written opinion. |
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To deal with the clearance of all Legal / Property Matters and get necessary guidelines from concerned departments / associations / B M C / MHADA, etc |
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Make jottings of the requirements/ choices / demands of the society members |
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Project Manager to prepare guidelines for maximum benefit of society matter ( R.C.C guidelines / Structural Guidelines / Internal –External amenities / Legal term requirements / other details. |
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According to guidelines, through local new Paper Advertisement invite offer from different contractors. |
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Prepare comparison statement/ Chart of Contractor’s Market Position / Compilation of Projects / Financial Standing / Management Standing / Members Convenience / Financial Offers / Amenities & other details. |
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Selection of Best contractor. |
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Preparation of detailed agreement between contractor and society as per Project Managers guidelines. |
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Project Manager to prepare all plans to be submitted to B M C / MHADA / other authorities. |
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After society approval, Plan / Proposal moves to B M C for I.O.D. |
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Individual detail agreement between society & members regarding payment of consideration. |
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Arrangements of Fund for Project Completion. |
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Monitoring Construction work. |
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Occupation Certificate, after which members should relocate to New Flats |
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Completion Certificate to be procured |