Gaikwad Kaka Said a master statement, "Builder comes with Perfume, Bodyguard, etc., middle class people believe he's the boss, but reality is different" Well said, Middle Class is resilient by force, not by nature. Vishal properly respected Gaikwad kaka and a wholesome episode.
The same property story was put up by Mumbai Mirror on it's cover page last Sunday... A massive effort & hardwork by all the society members... Hopefully our society too seeks some inspiration & forms such trusted unity to get it self redeveloped as u people did... Wishing all u guys a very happy & wonderful beginning.
Some of them must have strong connections with BMC. Some of them must be working in BMC also. Many such old buildings are in doldrums frankly. Mumbai is finished for the old timers. Only thieves and builders which are one and the same can flourish here now.
excellent episode Vishal, amazing story.. we hope you revisit this amazing guy Mr. Rakesh's flat, once the building gets ready.. hats off to these people who are self re-developing the building.. very inspiring..
Inspiring story covered by Vishal @moneycontrol please continue to bring such a quality content Amazing Achivement by people for people and definitely remarkable Rakesh Gaikwad 👏👏👏
Success goes to unity. In such cases some members sold their soul to builders and oppose everything. This project will set new standard in redevelopment. Even these people can provide consultancy after completion.
Having know this neighborhood of Mumbai quite well , I like the fact you guys showcase it , Mulund East is blooming with amazing redevelopment projects
In my opinion even self redevelopment has their own challenges. And when you are almost 50 plus selling the apartment and buying a new apartment (ready possession or resale) makes more sense. And obviously if your flat might be going for redevelopment you can easily get a higher premium so why to risk things and stay on rent.
When you are getting a spacious 1050 sq. Ft flat against the old 390 sq. Ft. Flat, the same is more than attractive. This is because of the shelf redevelopment. 🎉
Good story. Also who is leading the construction project? A common man, doesn't have the necessary experience. He would need a construction expert family member or contacts to take up this project.
Totally realistic..people think they'll get possession in 5 years 😅 in reality there are many redevelopment projects stuck for 15-20 years... 2 of my relatives are stuck since 11-12 years and their building is not even 50% complete....the best decision is to sell the flat at 25-30% premium to an investor or to the builder when the redevelopment comes into effect and purchase a ready to move in flat near by and live without the hassle!
issue is ppl are greedy and most of the times stupid. they fight within themselves. everyone has a 'i am victim, syndrome and trust builder more than his /her neighbours.
He has shown & said more about his Rented Flat than the Project or Flats they are building. No discussion on Quality or Design or Layout of proposed building. Funny kaka. 🚩🇮🇳🚩
The episode is not about the proposed building. this whole series including this episode is about PPL staying on rent, about they house they stay on rent.
@@mackisbrocklesnarIn asset value. Its a piece of Cake. In Cash value it's still difficult. I guess society had well-to-do members, who can finance the project themselves.
Flamingo Season in the marsh land of Bombay esp. Mulund East and Navi Mumbai Since this location lies in Flamingo 🦩 sanctuary zone which req. additional approvals hence the delay.
@@drkh_RNA- despite the COVID-19 enforced lockdown, and a four-month cessation in construction in 2020 to not disrupt the migration of flamingos, as stipulated by Thane Creek Flamingo Sanctuary and state government.
Hats off to this gentleman and the team that pulled this redevelopment off! He has positively impacted life of so many people.
He can be a consultant for many of the redevelopment projects in mumbai.
@@Yogeshwar_Dalvi true!
But it's already happened in Mulund, Purvarang Society
Gaikwad Kaka Said a master statement, "Builder comes with Perfume, Bodyguard, etc., middle class people believe he's the boss, but reality is different"
Well said, Middle Class is resilient by force, not by nature.
Vishal properly respected Gaikwad kaka and a wholesome episode.
This self-redevelopment is an extraordinary feat. Cannot be done without some divine intervention.
This is one of the best episodes. Thank you Moneycontrol and Vishal. Hats off to Mr. Gaikwad
The same property story was put up by Mumbai Mirror on it's cover page last Sunday... A massive effort & hardwork by all the society members... Hopefully our society too seeks some inspiration & forms such trusted unity to get it self redeveloped as u people did... Wishing all u guys a very happy & wonderful beginning.
Good
Will you give your number Please
"Builder comes in Merc, perfume and bodyguard to influence you" Beautifully said😮😮
The best part of the interview is all relevant questions were answered...that's rare
What an inspiring episode. Great story of self redevelopment. Hats off to their Resilience and Unity
One of the best episodes. Salute to the person, takes guts and courage to make a building in Mumbai.
What a great man! Best episode hands down
Some of them must have strong connections with BMC. Some of them must be working in BMC also. Many such old buildings are in doldrums frankly. Mumbai is finished for the old timers. Only thieves and builders which are one and the same can flourish here now.
Every society requires an astute, proactive and honest leader like Gaikwad sir 👍🏽
Super impressive. These are the stories which can correct the big builder's small sq feet trend in the region.
Aisa bhi ho sakta hai is what I have learnt from this episode! Thank you for this Vishal!
Salute 🫡 to the Uncle's courage and way of giving information. Best episode
excellent episode Vishal, amazing story.. we hope you revisit this amazing guy Mr. Rakesh's flat, once the building gets ready.. hats off to these people who are self re-developing the building.. very inspiring..
So much to learn from this uncle.
Hope you do another episode once the construction is over!
395 carpet to 1020 carpet
23 stories 118 apartments (originally 56 units)
Important point is what was the FSI granted to the society by BMC 🤔
Honestly this offer seems to be too good to be true. 395 sq ft carpet ke badle 1020 sq feet.. Which means 1 bhk compact walo ko spacious 3 bhk!
@@chiranjeev4804 Its true, Search - 'Purvarang Society Redevelopment Mulund'...there are news article about this society
I think bmc gives extra fsi if any society do self redevelopment
@@erpnextofficialThat's not true!
@@chiranjeev4804 its true..search purvarang society redevelopment mulund...there are news articles about this society
Self- Redevelopment Great work Gaikwad sir
Inspiring story covered by Vishal @moneycontrol please continue to bring such a quality content
Amazing Achivement by people for people and definitely remarkable Rakesh Gaikwad 👏👏👏
Success goes to unity. In such cases some members sold their soul to builders and oppose everything. This project will set new standard in redevelopment. Even these people can provide consultancy after completion.
What a smart marathi manus.
Amazing episode Vishal and hats off to this Gentleman and his team!
Thanks
Hats off to you sir. You should make videos on how you executed your redevelopment. This will help many people.
Pretty impressive episode so many things are learning today
Very much needed video , make more of this self redevelopment videos
Best episode till date
Best episode till date ❤
It’s amazing if everyone in Mumbai plans this way they can themself redevelop to high rise new apartment
Amazing cover story Vishal, would love more videos on this if there is a consensus, landscape of Mumbai can change forever!!
Indeed. It can be a game changer
Rakesh very good interview keep it up.
Hats off for your courage and initiative kaka.
Great episode! Would love to know more
Great episode.. very inspirational person on the show. Kudos to him and his team
Another great episode
Having know this neighborhood of Mumbai quite well , I like the fact you guys showcase it , Mulund East is blooming with amazing redevelopment projects
The architecture work for this Re-development project has been carried out by my mama ☺️
Very informative episode and we can learned lots ..best wishes..
Excellent job done ❤
Great initiative. Good work
Great team 😊
Nicee episode and great personality mr gaikwad
Very informative episode
I am so inspired. I have a piece of land. I will dev it myself
In my opinion even self redevelopment has their own challenges. And when you are almost 50 plus selling the apartment and buying a new apartment (ready possession or resale) makes more sense. And obviously if your flat might be going for redevelopment you can easily get a higher premium so why to risk things and stay on rent.
When you are getting a spacious 1050 sq. Ft flat against the old 390 sq. Ft. Flat, the same is more than attractive. This is because of the shelf redevelopment. 🎉
Excellent English skills.
Good story. Also who is leading the construction project? A common man, doesn't have the necessary experience. He would need a construction expert family member or contacts to take up this project.
Local politicians create havoc for extortion
Nice
The cost of redev is 90 crores where did that come from? Also redev projects require BMC approval. What were the challenges there?
2:10 : A builder quoted 15 years to demolish and reconstruct the building??? That can't be right!
I think he meant average completion time for redevelopment projects is 15 years.
He said possession time , means it took average 14-15 years to hand over the new building by builder , which is common when projects are delayed
Totally realistic..people think they'll get possession in 5 years 😅 in reality there are many redevelopment projects stuck for 15-20 years... 2 of my relatives are stuck since 11-12 years and their building is not even 50% complete....the best decision is to sell the flat at 25-30% premium to an investor or to the builder when the redevelopment comes into effect and purchase a ready to move in flat near by and live without the hassle!
issue is ppl are greedy and most of the times stupid. they fight within themselves. everyone has a 'i am victim, syndrome and trust builder more than his /her neighbours.
please respect Rajesh bhai his hair is grey and old
Tenant or Strata Owner ?
Rakesh… !?!
Rakesh Gaikwad 🎉
He has shown & said more about his Rented Flat than the Project or Flats they are building. No discussion on Quality or Design or Layout of proposed building.
Funny kaka.
🚩🇮🇳🚩
The episode is not about the proposed building. this whole series including this episode is about PPL staying on rent, about they house they stay on rent.
But will they Allow members of the M community inside their building?
Where did these guys manage to procure 90 crores ..bank loans
56 families are original occupants. plus they pre sold 50+ new apartments in proposed building. 90 crores in Mulund is a piece of cake.
@@mackisbrocklesnarIn asset value. Its a piece of Cake.
In Cash value it's still difficult.
I guess society had well-to-do members, who can finance the project themselves.
Good
What’s 🦩 flamingo
Flamingo Season in the marsh land of Bombay esp. Mulund East and Navi Mumbai
Since this location lies in Flamingo 🦩 sanctuary zone which req. additional approvals hence the delay.
@@qsyt731 so what does that signify and why will that delay the construction 🚧
@@drkh_RNAyou can read 🦩 sanctuary articles on Economic Times for more details. It will clear all your concerns
@@drkh_RNAyou can check internet articles related to Flamingo 🦩 sanctuary rules to better understand this case.
@@drkh_RNA- despite the COVID-19 enforced lockdown, and a four-month cessation in construction in 2020 to not disrupt the migration of flamingos, as stipulated by Thane Creek Flamingo Sanctuary and state government.