From Daulat Baugh To Satguru Shlok

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 construction and their future projects. Each de

The Power point presentation by developers has been arranged on 9th April 2011 at National college, conference room from 6:30 pm to 9:30 pm. Only Five developers will have the power points presentation whose names were mentioned in the earlier post. Each developer will have 20 minutes for their presentation and all have been invited at different time. there will be a gap of 10 minutes between each presentation. Snacks and drinks will also be provided by the society. After the presentation, society member can make their own judgement and decision, consult their family members, do their own research and can cast their vote for their selected builder in another meeting which will take place after one week. Things need to move on, and members are requested to attend it.

16 new builders had walked into our society with proposals of which 5 builders were narrowed down by committee members after going through their portfolios. The builders that have been narrowed down are Satgurus, Nagpal Developers, Parthesh builders, Man Global and Midcity group. There is a notice board in the society which is open everyday in the evening and society members are asked to study the proposals and the record of their performance about each of these builders before voting for the builder. There will be a presentation by the builders at a fixed venue to be decided upon and all the members will be asked to attend that meeting. After the presentation, the voting will take place which will be video-recorded and the final decision will be taken for the next action.

"Old housing societies hope to cash in on realty boom "More than 15 housing society redevelopment proposals, mainly in the suburbs, have come up in the past 3 weeks, and the sudden flurry, said a market source , is because residents want to take advantage of the current high property prices. " They do not want to miss the boat once again like they did before the crash in 2008. Housing societies feel this is the right time to redevelop their properties. Certainly, they are in a position in which they can dictate terms to the builders," said a source, who tracks redevelopment propasals in the city." The article mentions societies in Mulund(E), Jogeshwari(W), Kurla(E),Malad(W),Andheri(W),Ghatkopar(E),Borivali(W), Santa Cruz(W), Khar and Bandra who have recently invited proposals and our very own Doulat Baugh has been mentioned!! The term 'redevelopment race' has been rightly used and I ,for one, hope that our society wins this race.... with the bes

As of now, the process that we had gone through earlier to reach and select Satguru builders has been nullified. The society decided to go the legal way since some of the members were being irrational in their demands and society did not want any obstructions. So the process of planning for redevelopment had to start all over. Society now had its own advocate Mr Shetty, who will advice at every step and also has its own project manager Mr.Shinde, the architect. That done, society then inserted an ad in two local papers, (according to the law) in Hindusthan times and Free Press, inviting the developers to obtain a bid for redevelopment. They are expected to present their project and the feasibility report of the PMC, with a non refundable fee of Rs10,000 by cash or DD favoring the society. There was a good response and there were 16 developers who submitted their proposal in sealed envelops which will be opened in the presence of all society member during the next meeting. F

Following the legal way, according to 79(A) of the MCS Act 1960  clause 8 was followed. This scope of work initially for the architect/PMC shall be (a) to survey the land and building of the society (b) to get the details of the conveyance(c) to record the FSI of the plot available for the development and TDR/FSI that can be loaded taking into consideration the DC Regulations and other applicable law (d) to prepare workable/practical project report taking into consideration the recommendations/suggestions of the members, the areas of the new flats to be made available to the members, commercial area, vacant area, space for garden, parking, building specifications, etc. Within two months of date of appointment of the architect/PMC, his project report should be submitted to the committee. and the clause 15 The architect/PC should invite competitive bidding from reputed expert and experienced developers and at the time of floating members, either the carpet area or the corpus fund will

During the meeting this evening, this cutting from the paper was discussed in the meeting Cessed bldgs in island city to get 2.5 FSI Yogesh Naik TNN Mumbai: Cessed buildings in the island city falling under Class C (constructed after 1960) will get the benefit of 2.5 floor space index (FSI). There are 1,270 such buildings. The decision was taken at a meeting held by chief minister Ashok Chavan in Vidhan Bhavan on Thursday. The government will have to make amendments to the development control rules and the Mhada Act as well. There are 16,104 cessed buildings in Mumbai. Of these, 13,307 are in A category, 1,474 are in B category and 1,270 are in C category. At present, the old cessed buildings in category A get 2.5 FSI or they have to accommodate the old residents which form rehabilitation component and get incentives FSI ranging from 50% to 70% of the area rehabilitated, whichever is higher. In case of B Class buildings, the developer does not get much. He has to rehabili