Based on provisions in the self redevelopment related GRs passed by Maharashtra government in Sep 2019, May 2023, July 2023 and Aug 2023, on an average how much % savings can be expected in cost per unit sqft builtup area by opting for self redevelopment of a building located in Mumbai Island? Selling flats to be self-redeveloped to outside buyers at discounted rate initially (after getting iod) , how easy is it to find outside buyers who are ready to pay nearly full payment in advance within a short time period?
You have not understood the self redevelopment scheme. It’s not just about savings. It’s about your right to stop builders from looting you. In self redevelopment you get more area than what builder promises, better planning, better quality construction, more amenities, no payment of maintenance, more corpus without giving power of attorney to anyone. Outside buyers need not make full payment. They just pay the initial amount as required for getting housing loans. Once loan is sanctioned it comes from the loan giver in tranches as the construction progresses.
@@chandrashekharprabhuoffici686 Thanks Sir, your reply to my second query cleared a doubt. Our 61 years old tenant copartnership CHSL (noncessed, non mhada) located in Mumbai Island will have to give 3m or approx area of 110m2 for further widening of 18.3m wide road to BMC. Our society plot area is 1564m2. Can our society be self redeveloped with combination of 33(7B) +33(12B) regulations of DCPR2034 or self redev be done by using only regulation 33(7B)?
@mrmprm8732 Since setback has to be given, you can get the advantages of 33(12). Your primary FSI will come from 33(7)b. Check whether the combination of the two is more advantageous to you. If it is, then you can go for it. Even if you go for the basic 33(7)b, you will get more area under self redevelopment than what any builder can offer. Builders generally try to take advantage of the SRA schemes to get more FSI in the island city. That is dangerous. Amalgamation of your scheme with any other scheme connected with SRA will have long term disadvantages which can be a permanent problem. The builder will promise the moon before signing but exit the scheme and wind up the SPV once the free sale portion is booked. You will be left with innumerable problems.
Yes. If you make fake papers to show that you have preferred self redevelopment and are actually supporting builders scheme, you can be criminally prosecuted.
The statement you are making itself is fake. Self redevelopment is redevelopment without even remotely involving the builder in any way whatsoever. Sharing profits with builders is considered fraud in self redevelopment.
@@samarthmehta8732 Self redevelopment cannot be split into form and substance. Either it is self redevelopment or it is a fraud played on unsuspecting members. Don’t play with words. Only tricksters and cheat use such words. Making such statements is fraudulent. Papers on which such statements are recorded are fake papers. Such acts can be criminally prosecuted and are punishable
@@chandrashekharprabhuoffici686 I'm a member..i think this was done so as not to create third party rights, because of ongoing litigations with landowners
Great speech.
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साक्षात प्रभू 🌹🌹💐💐👌👌👌👍👍👍🙏🙏🙏💃💃💃
🙏🙏🙏
बिल्डर लॉबी + राजकीय हस्तक्षेप यांच्या मुळे सर्वसामान्य नागरिकांचे नुकसान होते. या सर्वांना वगळून स्वयंपुनर्विकास केल्यास सर्वांनाच फायदा होईल.
👍
ही चळवळ लोकानी त्यांच्या फायद्यासाठी पुढे नेली पाहिजे
🙏👍
Well done sir ..how to contact to you..sir
team.chandrashekharprabhu@gmail.com
Please send all details of your society and telephone numbers of office bearers on email.
Based on provisions in the self redevelopment related GRs passed by Maharashtra government in Sep 2019, May 2023, July 2023 and Aug 2023, on an average how much % savings can be expected in cost per unit sqft builtup area by opting for self redevelopment of a building located in Mumbai Island?
Selling flats to be self-redeveloped to outside buyers at discounted rate initially (after getting iod) , how easy is it to find outside buyers who are ready to pay nearly full payment in advance within a short time period?
You have not understood the self redevelopment scheme. It’s not just about savings. It’s about your right to stop builders from looting you. In self redevelopment you get more area than what builder promises, better planning, better quality construction, more amenities, no payment of maintenance, more corpus without giving power of attorney to anyone. Outside buyers need not make full payment. They just pay the initial amount as required for getting housing loans. Once loan is sanctioned it comes from the loan giver in tranches as the construction progresses.
@@chandrashekharprabhuoffici686 Thanks Sir, your reply to my second query cleared a doubt.
Our 61 years old tenant copartnership CHSL (noncessed, non mhada) located in Mumbai Island will have to give 3m or approx area of 110m2 for further widening of 18.3m wide road to BMC. Our society plot area is 1564m2. Can our society be self redeveloped with combination of 33(7B) +33(12B) regulations of DCPR2034 or self redev be done by using only regulation 33(7B)?
@mrmprm8732 Since setback has to be given, you can get the advantages of 33(12). Your primary FSI will come from 33(7)b. Check whether the combination of the two is more advantageous to you. If it is, then you can go for it. Even if you go for the basic 33(7)b, you will get more area under self redevelopment than what any builder can offer. Builders generally try to take advantage of the SRA schemes to get more FSI in the island city. That is dangerous. Amalgamation of your scheme with any other scheme connected with SRA will have long term disadvantages which can be a permanent problem. The builder will promise the moon before signing but exit the scheme and wind up the SPV once the free sale portion is booked. You will be left with innumerable problems.
excellent!!
Thanks
Sir, can self redevelopment on paper, but in reality done through builder cause legal issues/liabilities later?
Yes. If you make fake papers to show that you have preferred self redevelopment and are actually supporting builders scheme, you can be criminally prosecuted.
@@chandrashekharprabhuoffici686 no fake papers, form is self redevelop, but substance is through builder.. But no fake papers
The statement you are making itself is fake. Self redevelopment is redevelopment without even remotely involving the builder in any way whatsoever. Sharing profits with builders is considered fraud in self redevelopment.
@@samarthmehta8732
Self redevelopment cannot be split into form and substance. Either it is self redevelopment or it is a fraud played on unsuspecting members. Don’t play with words. Only tricksters and cheat use such words. Making such statements is fraudulent. Papers on which such statements are recorded are fake papers. Such acts can be criminally prosecuted and are punishable
@@chandrashekharprabhuoffici686 I'm a member..i think this was done so as not to create third party rights, because of ongoing litigations with landowners
Sir tumache far garaj aahe new Mumbai cidco area madhe
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