KNOW ALL ABOUT US AND WHO WE ARE
We are equipped with a team of learned advocates well adept in redevelopment laws, renowned PMCs and Architects of
repute who are associated with us.
We are experienced and high
profiled Senior Counselors and Analysts for Redevelopment of Housing Societies
and Society Laws since last many years with in-depth study of integral
techniques and are exclusively skilled in the various areas of Redevelopment of
Housing Societies and Society Laws. Instant credit goes to our team of learned advocates who are well adept in redevelopment and societies' laws. The Resident Members/Managing Committee
Members of Housing Societies, Tenants of Cessed/Non-Cessed Buildings in South
Mumbai gain
valuable insights about the fundamental guiding principle of various laws
applicable in the process of redevelopment.
Our professional competence in the field of redevelopment is the outcome
of skilled application of our knowledge and expertise. This includes
interviewing and counselling skills, negotiation and mediation skills, research
and writing skills, communication and advocacy skills, drafting skills, fact
gathering and articulation skills, time and stress management skills, etc. all
of which can be acquired through our guidance on entire process of
redevelopment supported by theoretical learning.
It is indeed our pleasure to introduce our exceptionally
unique websites distinctively designed to educate the adolescent Members,
Managing Committees and Tenants of thousands of Co-operative Housing Societies
and Tenanted Buildings who like to learn what is redevelopment and its built-in
intricacies. The addresses of our two websites are as under:
With
prior appointment on 9819825752 or
on 26774400, our consultancy slots
of two hours for the Meetings are from 12.00 noon to 2.00 p.m. and in the
evening from 6.00 p.m. to 8.00 p.m. on all the days of the week (Including
Sundays and Holidays). The consultation charge per each slot of two hours
allotted to each client is Rs.3,000/-.
If you wish to avail our services, you may call on us for an appointment
any time during the day till late evening.
We
hold direct interaction with the Resident Members/Managing Committee
Members/Tenants on the various parameters that are involved in Redevelopment of
Housing Societies and solve most of their problems/provide adequate direction
to represent their cases to various authorities. At present, we have countless
Housing Societies including Cessed/Non-Cessed Buildings from Western, Central
Suburbs and South Mumbai on our scroll that regularly avail our services at any
point of need.
We
are well practiced in major laws such as Transfer of Property Act, 1882,
Registration Act, 1908, Indian Contract Act, 1872, CRZ Laws, State Laws like
Maharashtra Ownership Flats (Regulation of Promotion of Construction, Sale,
Management and Transfer) Act, 1963, MRTP Act 1966, Maharashtra Co-operative
Societies Act, 1960 and Rules 1961, Housing Society Bye Laws, Stamp Duty Laws,
Development Control Rules, Environmental Law, Tree Cutting Laws, Municipal
Laws, Slum Redevelopment Scheme etc.
If
there are serious irregularities in the process of redevelopment and when they
are noticed halfway, they can jeopardize the redevelopment and the consequences
can be severe as what the law does not permit, cannot be done either by the
Developers or by the Society.
We are earnestly thankful to our Media
Partners Times of India (Times Property), Hindustan Times (HT Estate), Indian
Express, DNA, Business Standard, Economic Times, Navbharat Times, CW Property,
Mumbai Mirror, MSWA’s Housing
Societies Review, MAGICBRICKS,
Estate World and First Post and many more for awarding suitable coverage to our
objectives, interviews, articles and publishing our expert comments
encompassing various features ruling the Redevelopment of Housing Societies and
Societies Laws.
We have been regularly invited at Seminars
organized by various establishments to impart exhaustive and far-reaching
knowledge in meticulous manner encompassing the diverse topics on redevelopment
to educate and guide the participants from Co-operative Housing Societies,
MHADA Colonies as also the Members from Tenanted Buildings (Cessed/Non-Cessed),
Clusters, Slums and CRZ etc.
The
most important factors that bring out the successful results in any project of
redevelopment and they are 1) The selection of correct Developers and 2) The
precise scrutinizing, vetting and drafting of legal documents governing the
entire process of redevelopment.
The
Housing Societies often get confused about choosing the suitable,
honest and diligent or so to say, one HONEST
DEVELOPERS.
There are many cases where the dreams of Members of the Housing Societies are
crashed when the terms of Development Agreement are breached and time schedule
of completion of project is not maintained by such insatiable Developers.
There
are voracious Developers of III tire who have abandoned or have delayed the
redevelopment projects in Mumbai due to various reasons mainly because of
paucity of inflow or diversion of funds from the assigned projects in order to
acquire/pocket more and more new projects beyond their financial means or are
simply not capable to execute them due to lack of competency and precision and
finance management.
Our
constant endeavor is to educate the Members and Managing Committees of Housing
Societies since at times, it is experienced by us that they are helpless
in many ways due to lack of knowledge, lack of funds or lack of finding legal
experts thorough with all the Laws, Acts, Rules and Guidelines of redevelopment
and mostly due to lack of time, energy to fight against the cheat and fraud Developers.
Since the
redevelopment of a property is an exigent issue now a days with offending
Developers and their felonious and offending treats to inexperienced Managing
Committees of Housing Societies, we especially impress our Client Societies to
be vigilant on the issues like Delivery Delays, Broken Promises, Breach of
Trust, Cheating, Unfair Trade Practice, Deficiency in Service, Abandonment of
Redevelopment Projects half way, Corruption and Malpractice to pocket the
Redevelopment Assignment, Illegal Constructions, Blatant Violation of Acts,
Laws and Rules etc.
To evaluate the overall competence of contesting
redevelopers, we have devised seven Due Diligence Formats to be furnished by
them to the Society before the final selection. These formats provide accurate
and reliable analysis encompassing financial parameters, details of their new
projects/new redevelopment projects under construction, completed and under
negotiation, details of their various contractors, material suppliers, details
of entire personnel of the Developer in various discipline etc. The cost of
each such format is Rs.1,000/- aggregating Rs.7,000/-.
Redeveloping a home is a major
decision for the lifetime and one would not want to take chances. It is said
that till you do not leave your Society, you are the KING. The day on which you handover your property to the Developers
for redevelopment and leave your Society, the Developers are the KINGS.
Apart from our own websites, our
articles are published by numerous websites on Internet for the
benefit of Housing Societies in Mumbai to educate their Members and caution
them to be vigilant and alert from irregularities and illegalities in
redevelopment by the Developers, targeting the naïve and innocent Members and
Managing Committees, Rampant Corruption in BMC, Flagrant violation of Rules and
Regulations by the Developers and how to beware of Cheat and Fraud Developers
and their dishonest acts.
We
are well equipped with almost all the areas with regular updates of latest
developments in Realty Sector and provide an exclusive knowledge to tackle
unresolved problems and solutions for successful and winning completion of
redevelopment projects which is a dream of the day for any middle class family
man.
However, there are numerous factors/questions that
arise during the ongoing process of redevelopment and they are to be taken care
of diligently by seeking advice/counseling from Redevelopment Experts like us
who are abundantly conversant with various Laws of Redevelopment.
We persistently endeavor our best by updating our
websites periodically to cater the unsurpassed knowledge of various aspects of
redevelopment and unique articles written with exclusively powerful, precise
and easy-to-understand content for every individual.
We request our beloved patrons of all
Housing Societies/Apartment Owners/Landlords of Cessed and Non Cessed Buildings
in their apex interest to regularly visit/revisit our websites and stay updated
on latest features covering up-to-the-minute topics including changing Govt.
Policies on Realty Sector related to redevelopment.
Redevelopment Documents, as the name
suggest, are the principal documents executed between the Office Bearers of
Managing Committee/Landlords and the Developers for the redevelopment of
property. But it's not as simple as it sounds; the Housing Societies/Landlords
need to exercise necessary caution to ensure that the residents' corporate
interest is safeguarded.
The legal
documents concerning the redevelopment projects are essentially to be precise
and leaving no room for any ambiguity on the agreed terms. Documents drafted
meticulously ensure that the parties truly agree on the contents and prevent
future disputes caused by differing interpretations of the document.
Drafting/Vetting of legal documents accurately is our privileged skill
requiring close attention to terms and conditions to be documented in favour of
the Society.
While
it is easy to draft terms addressing the primary
purpose of a legal document, the best documents anticipate all those possible
events that might interfere with the Society’s intent. We anticipate these
events to help our Client Societies/Landlords to determine and arrest such eventualities
in documentation.
We
are well adept in Laws governing the Redevelopment of Housing Societies and
distinctly experienced in DRAFTING,
VETTING, ANALYZING, SCRUTINY and INSPECTION
of documents like Feasibility Reports, Tender Documents, Draft of Memorandum of
Understanding, Development Agreement, Power of Attorney, Bank Guarantee and
Individual Agreement to be executed with each member of the Society that are
generally provided by the Developers to the Housing Societies which are drafted
in a manner to provide escape areas/full protection to the Developers by
neglecting the vital terms and conditions protecting the interest of the
Society.
The
venture of redevelopment of any property involves a massive volume of
multi-crore of rupees as also the fate and future of all the resident members
of the Society. Once the property is handed over to the Developers, the Society
has only legal documents in their hand to rely upon, in case of any adverse
situation in accomplishing the successful task of the redevelopment. Our
approach in respect of analyzing/drafting all the legal documents pertaining to
the redevelopment is scientific and systematic.
We
have team of efficient and learned advocates for vetting and drafting of all legal
documentations in most effective manner. Generally,
the various drafts of redevelopment documents including the Development
Agreement are sent by the Developers to the Society. These Drafts after
methodically vetted, scanned and scrutinized theoretically by us and the gray
areas/pitfalls and shortfalls are exposed and a detailed written report is
given to our Client Society apprising them the areas of alerts and awareness
and advise them that before its execution, the Society must impress upon the
Developers to modify and improve all the legal documents of redevelopment in
corporate interest and safety of the Society to achieve the desired results.
The Housing Societies must study,
understand and try to forestall the weaknesses under Financial/Legal and
Technical areas to be termed in Development Agreement benefiting the
Members as many of these areas are conveniently ignored/not documented by the
Developers in the Development Agreement and we impress upon the Housing Societies
to emphasize upon and compel the Developers to add those ignored conditions in
Development Agreement in the corporate interest of the Society to protect their
hard earned homes.
Please click on the link given
below to understand the importance of vetting and scrutinizing of various legal
documents related to the redevelopment.
We also recommend going through the following
videos.
As per the prevalent practice in the
redevelopment industry, all the professionals fees and other charges of
professionals hired by the Society such as Lawyers, Consultants, Counselors,
Architects, Engineers and PMC are fully borne and reimbursed by the Developers
to the Society as and when incurred or periodically as decided by the Society
and this term is specifically mentioned in the Development Agreement.
We
are equipped to provide most flawless and in impartial manner, our
proficient consultancy services pertaining to redevelopment project
of your Society including required comprehensive guidance online. All our
Client Societies in Mumbai and Maharashtra have been successfully benefited by
our all-round and timely assistance for successful completion of their
redevelopment projects.
At
any point of need, our association with you shall remain online for any legal advice/clarification
all the way through which would benefit the Managing Committee
while negotiating the consequential and important terms with the
Developers, sorting out multifaceted or intricate issues pertaining to the
redevelopment project of your Society.
Dilip
Shah
Senior
Counselor and Analyst for Redevelopment of Housing Societies and Society Laws
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