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So we move a step closer

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It has been a long journey, nearly five years since we last decided that our building needs redevelopment The most important meetings have been taking place at National college conference hall. Getting members together to agree on common platform has not been easy, but finally we succeeded And you know what, waiting has also paid off. We have got the best builder of Mumbai and a good deal I must say. In January 2012, new rules were made, so now we will get 44%extra space. The deal will be signed on Wednesday and we will move ahead…….

D C Regulations updated on 6th January 2012

By notification under No. CMS 4311/452/CR-58/2011/UD-11 dt. 6 th January 2012, Government has added the New D.C. Regulations 35 (4) i.e. commissioner may permit Fungible compensatory F.S.I., not exceeding 35% for residential development over & above admissible F.S.I. by charging premium at the rate of 60% of the stamp duty ready reckoner Rate. Provided further that such fungible compensatory F.S.I. for rehabilitation component shall not be used for free sale component & shall be used to give additional area over & above eligible area to the existing tenants/occupants. Provided further clarified that in case of redevelopment proposal of existing buildings in suburbs & extended suburbs by admissible on F.S.I. consumed in existing structure shall be granted without charging premium. So what is this Fungible compensatory FSI? As per the new regulations, areas such as terraces and swimming pools on individual apartment balconies and ornamental projections ...

Maharashtra Regional & Town Planning Act, 1966.

Since our building is going for redevelopment, there are certain DC regulations which we need to be familiarized with. We have been highly confused with the term Chajja and flower beds and I have discovered that both mean the same thing, its just an ornamental protrude from the building and it has be of certain dimensions. The proposed modification to the relevant DCRs for Gr. Mumbai pursuant to notice No. CMS 4311/452/CR-58/2011/UD-11: Government of Maharashtra, Urban Development Department, Mantralaya, Mumbai dated 25th July, 2011. ANNEXURE-I Compensatory FSI proposed on charging premium at 100% of the Stamp duty Ready Reckoner Rate for developed lands, for residential buildings. Balcony   10% Flower Beds/Chajja 10% - 15% Ducts other than toilet ducts - 2.5% Letter Box Room/MTNL Room/ Meter Room/BMS/Drivers room.-1.5% Niche  1% Total   25% - 30% More details can be read atthis blogspot,  DC regulations have been explained in de...

Progress in the Redevelopment Process

Tentative plans for the redeveloped building were received from R.S.Builders and these were shown to small groups of society members between 22nd and 24th February. General feedback was good so a more comprehensive meeting was called on 26th February at 10.15 am where the representative of the builders, Mr.Kunal Babani, was also invited to be present. The purpose of the meeting was to explain the floor plans of the proposed new building in detail by Mr.Babani as also other features of the new building, and answer any questions or solve any doubts that the members may have by both the committee members and Mr.Babani. Mr.Babani explained the plans as well as talked about the appearance of the building entry lobby, a garden with an area for senior citizens as well as walking track. The number of parking podiums will depend on BMC permission. Some members were unhappy with the allotment of floors and some with the layouts of their flats. These concerns will have to be addressed by the rede...

Appointing the developer for redevelopment of our society

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As per 79(A) of the MCS Act 1960 the meeting for the voting of the builder took place at National college conference room. 25 authorized society members of the total 29 members were present at the meeting and that included members who came from far off places like Surat, New Delhi and Hongkong. Everybody came before 7pm whose attendance was recorded and a ballot sheet with the list of five short listed builders was given to all the members where by members were asked to tick on the builder of their choice.   At the dot of 7pm. the meeting commenced with the welcome note by our Chairman, Mr Chainani and Mr Malhotra.   Whole process was video recorded and the counting of the vote was done in the presence of registrar of society. And the result was one vote for Nagpal, 3 votes for Prathesh and 21 votes for RS It was decided that RS would be the appointed builder for our society. Everybody congratulated each other over sandwiches and wafers and urgency to go furthe...

Important meeting of voting for right developer

A special General Meeting of Daulat Baugh Co-operative Housing Society Ltd will be held on Saturday the 30th April 2011 at the mini auditorium, National college, Bandra(W) at 7:00 pm to transact the following business:   1 (a) Selection of Building/Developer for Redevelopment of Society building   (b) Authorization of the Managing Committee members to sign/execute documents in respect of the redevelopment.   Notes   Only members and in their absence their associates or joint members shall be entitled to attend and vote at the meeting. Members are not entitled to vote by proxy. Quorum for Special General Meeting shall be ¾ (i.e. 75 percent) of the total number of members of the society. If there is n quorum the meeting shall stand adjourned for half an hour, failing which the said meeting shall stand adjourned for eight days and the adjourned meeting shall stand dissolved assuming that members are not interested in the redevelopment of the society’s buildin...

Presentation by five short-listed developers

The presentation took place at National college conference room on Saturday, 9th April 2011 at 7pm, 80% of the total members attended the meeting. Five short listed builders were invited for presentation, of which one builder “Midcity Group” did not turn up, and “Man Global” was not very informative but promised to provide all the information within a week. The remaining three builders were good in their presentation and had come prepared with all the details of the ammenties they had to offer us. 'Nagpal developers' plans to built three flats on each floor, while 'Parthesh developers' had a flower shaped building with six flats on each floor with enough ventilation in each house, and 'R.S. Builders' had L-shaped building with a common view of the green podium and a promise of high quality construction. The presentation consisted of the brief summary about their company, their completed projects, projects under constru...