Society Redevelopment - ModispacesModispaces
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Society Redevelopment

Redevelopment is any new construction on a site that already has pre-existing users. In other words, redevelopment means doing away with old buildings and structures that have outlived their use and building new ones by embracing newer technologies prevailing at the moment.

Redevelopment helps you rebuild structures that are beyond repair, have become dilapidated due to the vagaries of weather, regular wear and tear, or age and which may not be able to withstand any more life, with state-of-the-art infrastructure and methods.

Our Redevelopment Process

Society contacts ModiSpaces

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We conduct an assessment & make an offer

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Give Letter of Intent (79A) upon agreement to offer

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Development Agreement (DA) is signed and plans are approved by MCGM (IOD)

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Residents temporarily relocate and old structure is demolished

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Commencement Certificate is procured from MCGM (CC) and construction begins

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Project is completed and Occupation Certificate (OC) is obtained

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Residents move back into a brand new society & Share Certificates (SC) are issued

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Why Modispaces should be approached for redevelopment?

Redevelopment is completely different from normal land development. In redevelopment there are many legal steps necessary prior to commencement of construction. Many societies may have legal complications like:

  • Lack of Conveyance
  • Lack of proper Documents / Old Plans
  • Errors in Property card
  • Incomplete members’ documents
  • Land not sub-divided properly

All of these legal issues have to be dealt with properly before any new construction can be undertaken, which is the work of an experienced developer with resources, experienced team, and dedication.

Modispaces caters to all the requirements and procedures related to redevelopment without any hassles. With four generations of experience in the real estate industry we offer unmatched expertise in:

  • Procurement & development of land
  • Extension of old buildings
  • Redevelopment of old and dilapidated structures

Unmatched expertise in:

  • Procurement & development of land
  • Extension of old buildings &
  • Redevelopment

Testimonials