Why Redevelopment?
Reviving the Past Building the Future
Redevelopment breathes new life into aging properties, ensuring enhanced safety, modern amenities & better utilization of space. It revitalizes neighbourhoods, increases property value & improves overall quality of living for residents
Deciphering Redevelopment is, in fact a more difficult subject to deal with as compared to a new green-field development. Unlike new construction, redevelopment is also associated with the sentiments, emotions, and expectations of the existing home owners apart from just building a new home.
We at Yogi Realty, view redevelopment very subjectively and differently and understand the requirement of the existing home owners as trust is the most crucial factor in redevelopment. Hence, we keep 100% transparency in what we offer and achieve smoothest & fastest pace possible.
We at Yogi Realty, view redevelopment very subjectively and differently and understand the requirement of the existing home owners as trust is the most crucial factor in redevelopment. Hence, we keep 100% transparency in what we offer and achieve smoothest & fastest pace possible.
Our Key Redevelopment Approach Facts
Property Identification & Feasibility Evaluation
• Understanding the Location & Demography of the locality
• Understanding the characteristics of the plot
• Financial, Technical, DCR Applicability & Feasibility of the Plot
• Legal & Technical Due Diligence of the Plot
• On-going Market Trends in the micro-market
• Title Verification
Commercial Offer Negotiations & Acquisition of Development Rights
• Understanding the offer and negotiating with society committee/occupant & landowner, if any
• Study of the Adjacent Structure & characteristics of the soil
• Signing a definitive Development Agreement & Power of Attorney with Prejudice between Developer & Society
Project Design, Planning & Statutory Approvals
• Designing & conceptualization n new building pla as per the applicable DCR policy
• Project, Structural & MEP Planning
• Cost evaluation & project implementation schedule
• Project concession report & sanctioning of statutory approvals
Allotment & Vacation of Occupant
• Allotment of existing members as per the new plan proposed
• PAA document execution of individual members
• Site & Occupant Vacation from the property & temporary rehabilitation
Construction Planning & Execution
• Material Procurement & On-boarding of Contractors & Consultants
• Execution of Construction work as per new proposed plan & schedule
• Project Management till the completion of construction
Re-possession of the Occupants in the New Flats
• Material Procurement & On-boarding of Contractors & Consultants
• Execution of Construction work as per new proposed plan & schedule
• Project Management till the completion of construction