Services · Redevelopment

Redevelopment consultancy

From feasibility study to developer selection — the structured process that protects society members and de-risks the redevelopment decision.

Feasibility Studies Tender Preparation Comparative Charts Developer Selection Member Presentations

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Our Approach

The redevelopment roadmap

Six structured stages, each with a defined output before the next begins.

Feasibility Study

FSI entitlement, TDR potential, and indicative additional area calculated before any developer conversation begins. This sets realistic member expectations early.

Society Redevelopment Services Scoping

Structural audit review, conveyance status check, and General Body resolution drafting to formally authorise the process.

Tender Preparation

A structured tender document is drafted and issued publicly, inviting developers to bid on comparable, transparent terms.

Tender Evaluation & Comparative Charts

Every bid is scored against the same criteria — corpus, rent, additional area, timeline, and financial strength — in a single comparative chart.

Developer Selection Process

Shortlisted developers present directly to the managing committee, followed by a documented member presentation before any agreement is signed.

Agreement & Handover to PMC

Once a developer is finalised, the engagement transitions into our PMC oversight for construction monitoring through to occupation certificate.

Step One

Feasibility studies

Before any tender is issued, we establish what's actually possible on the plot.

FSI & TDR Analysis

Permissible FSI under current DCPR, plus TDR loading potential where applicable.

Indicative Additional Area

A realistic range for additional carpet area members can expect, before negotiations begin.

Regulatory Pathway

Whether the scheme falls under standard BMC approval, MHADA Regulation 33(5), or SRA — and what that means for timeline.

Step Four

Comparative tender charts

Every developer bid scored on the same criteria — a sample structure below.

Criteria	Developer A	Developer B	Developer C
Additional Carpet Area	750 sq.ft.	700 sq.ft.	780 sq.ft.
Corpus Fund per Member	₹8,00,000	₹9,50,000	₹7,25,000
Monthly Rent (Construction)	₹35,000	₹30,000	₹40,000
Construction Timeline	30 months	36 months	28 months
Bank Guarantee	₹1 Cr	₹75 Lakh	₹1.2 Cr

Step Five

Developer selection process

Shortlist

Top 3–4 bids selected based on comparative scoring.

Committee Review

Shortlisted developers present directly to the managing committee.

Member Presentation

Final comparative chart and recommendation presented to the General Body.

Finalisation

Developer agreement drafted with penalty clauses and bank guarantee terms.

Common Questions

Redevelopment FAQs

How long does the tender process typically take?

From issuing the tender to finalising a developer, most societies take 2–4 months, depending on the number of bids received and how quickly committee meetings can be scheduled.

Do you represent the society or the developer?

For redevelopment consultancy engagements, we are appointed by and accountable to the society. This is a deliberate structural choice — it ensures the comparative tender process and recommendations are genuinely independent.

What if no developer meets our expectations?

If bids fall short of feasibility study projections, we re-issue the tender with revised terms or extend the bidding window rather than recommend an unfavourable agreement.