Check List for Self Redevelopment of a building by its Society Members 

1)  Feasibility Study:

• • Assess the feasibility of self-redevelopment for your building.

  • Evaluate financial viability, legal aspects, and community consensus.

2) Formation of Society or Association:

• • Form a cooperative housing society or association comprising members of the building.

  • Elect managing committee members responsible for overseeing the redevelopment project.

3) Appointment of Consultants:

• • Hire architects, structural engineers, legal advisors, and project management consultants.

  • Ensure they have experience in redevelopment projects and knowledge of local regulations.

4) Approval from Authorities:

• • Obtain No Objection Certificates (NOCs) from relevant authorities such as Municipal Corporation, Fire Department, Pollution Control Board, etc.

  • Submit necessary documents and plans for approval.

5) Project Planning:

• • Develop a detailed project plan including timelines, budget, and resource allocation.

  • Define roles and responsibilities of various stakeholders.

6) Financial Planning:

• • Estimate project costs including construction, consultancy fees, statutory charges, etc.

  • Arrange finances through member contributions, loans, grants, or government schemes.

7) Legal Compliance:

• • Ensure compliance with all legal requirements such as Development Control Regulations (DCR), Maharashtra Ownership Flats Act (MOFA), etc.

  • Draft agreements between the society and contractors, consultants, and members.

8) Tendering Process:

• • Float tenders for construction work, specifying project requirements, timelines, and evaluation criteria.

  • Evaluate bids and select contractors based on technical competence and financial proposals.

9) Construction Phase:

• • Monitor construction progress regularly.

  • Ensure adherence to quality standards, safety protocols, and environmental regulations.

  • Address any issues or delays promptly.

10) Financial Management:

• • Establish transparent financial management systems.

  • Maintain records of expenses, receipts, and invoices.

  • Monitor cash flow and adjust budgets as necessary.

11) Completion and Handover:

• • Conduct thorough inspections to ensure all work is completed satisfactorily.

  • Obtain Occupation Certificate (OC) from local authorities.

  • Prepare documentation for handover of flats to members.

12) Community Engagement:

• • Communicate regularly with members to update them on the progress and address any concerns.

  • Foster a sense of ownership and collaboration among residents throughout the redevelopment process.

13) Legal and Financial Audit:

• • Conduct a legal audit to ensure all documents and agreements are in order.

  • Perform a financial audit to verify the accuracy of financial records and compliance with regulations.

• Documentation and Records:

  • Maintain comprehensive documentation of all project-related activities, appruvals on Digital mode is now possible thourgh Website Buying of eg Buying of Bulk Led lights can be asked to members if anyone has contacts in said procurement company and by doing so there may be sugesetion and contribution of resources and with small petty inititative lot of money can be saved, contracts, and financial transactions.

  • Keep records accessible for future reference or audits.

14) Member Education and Awareness:

• • Educate members about their rights, responsibilities, and the benefits of self-redevelopment.

  • Encourage active participation and cooperation throughout the process.

15) Dispute Resolution Mechanism:

• • Establish a mechanism for resolving disputes or conflicts that may arise among members or with external parties.

  • Seek mediation or arbitration if necessary to avoid litigation and ensure timely project completion.

16) 3 Pillar Team to get success in the project are mentioned below.

1. Legal Consultant.

2. Chartered accountant.

3. An Architect.

By following this checklist diligently and seeking guidance from professionals experienced in self-redevelopment projects, you can navigate the complexities of building redevelopment in Maharashtra, India, more effectively and achieve successful outcomes.

This is just the understanding of the lecture i attended today and not any advice or suggesetion the reader should take his/her judgement and consult and expert.