Redevelopment

“Real Estate cannot be lost or stolen, nor can it be carried away. Purchased with common sense, paid for in full, and managed with reasonable care, it is about the safest investment in the world.”

The above quote by Franklin D. Roosevelt has a very critical word that often goes unnoticed in the flamboyance attached to the realty domain. The word is “care”. Lifestyle needs to be continuously evolving, keeping up with the ever changing needs of the home buyers. GRD has developed a niche for itself in the innovation domain, understanding the requirements of its customers and delivering a space that champions the modern lifestyle, yet retains the aura and charm of the city of Pune.

REDEVELOPMENT PROCESS

Understanding The Resident’s Needs

Conducting The Location Analysis

Preparing The Feasibility & Blueprint Of The Land

Matching And Tuning The Proposed Drawings As Per PMC Rules & Regulations

Registration Of Legal Documents With Housing Society

Obtaining Approvals From PMC

Shifting of Residents

Commencing Redevelopment As Per Sanctioned Plan

Availing Occupancy And Completion Certificate

Handing Over The Homes With New Member Inductions

Phases Involved in Redevelopment

Meetings & Presentations

The first step is to understand the occupants’ needs and study the feasibility of the land and proposed buildings to be constructed on the plot. We follow it up with a brief presentation about the redevelopment overview. This includes the layout, draft plans, commercial terms, timelines, specifications, shifting arrangements and document requirements.

Final Plan & Sanctions

The project plan is reworked to fit-in the requirements of the members.A final draft of the techno-commercial plan, with building sketches and legal agreements is presented to the committee. This is followed by obtaining sanctions from the municipal/local authority

Project Completion & Handover

Once the building is ready as per the architectural assessment, aspects such as finishing, inspection and various other installations will be looked into thoroughly. The occupation, as well as completion certificate, gets cleared and the building will be handed over to the residents with respective inductions.

Conclusion

After consecutive meetings and in-depth understanding, landowners and developer can conclude final takeaways and freeze the final terms and conditions along with a draft of development agreement.

Shifting Of Current Occupants & Demolition

Once commercial terms have been fulfilled, the residents are shifted into rented properties. The building is thus ready to be handed over for redevelopment. The process of redevelopment will be initiated and completed as per the sanctioned plan.

HIGHLIGHTS

Impressive Entrance Lobby

The grand entrance lobby has a smart card access control system that provides additional security

Parking

A well-lit parking lot with interlocking paving blocks that are environment friendly and are perfect for drainage, especially during the rainy season

Elevation

Aesthetically pleasing elevation is an added attraction that adds to the lure of the project

Structure

RCC framed structure in accordance with earthquake resistant norms, while using the highest quality of raw material

Sustainability & Conservation

Solar water panels and rain water harvesting system as mandated by the PMC guidelines are an intrinsic part of the project

Additional Security

Concealed and top quality electrical and plumbing fittings, anti-skid ceramic tiling in bathrooms, plush waterproof doors provide a two-tier security to the entire layout

Firefighting

In compliance with the PMC guidelines, all modern firefighting equipment is in place

Digital Security System

All the common areas are under CCTV surveillance and each flat has a video door phone

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