|» Masuri Park: Residential (2012)||Shanti nagar,usmanpura,Ahmedabad[First redevelopment project of ahmedabad,Gujarat successfully completed]|
|» Dev Appartment: Residential (2016)||Commerce Six Roads,Ahmedabad-06|
|» Shivalaya Residency (2017)||Bhulahaibhai Cross Road,Ahmedabad|
|» Amarakunj: Residential||Near Sterling Hospital ,gurukul,Ahmedabad|
|Mohan Murari Flat: Residential||Near Bhavana Flat,Vasana,Ahmedabad|
Builders/ developers, who opt to purchase land and develop the same, incur huge stamp duty cost, vis-à-vis transfer of the land. However, when it comes to redevelopment of old buildings. the stamp duty is reduced by a significant extent and this acts as a major benefit for developers.
Tenants too get several benefits like hassle-free execution, extra carpet area, corpus fund, upmarket amenities and hi-tech gadgets such as cctv’s, intercom / video door phone systems, smoke detectors, fire fighting alarm systems, borewell with rain water harvesting system, high end elevators, society office if permissible, earthquake resistant and well planned apartments and alternate accommodation or rent compensation. for the period during which the building is under construction.
Most importantly, there is a substantial increase in the flat’s value and low maintenance costs post redevelopment. If any of the family,members require additional area in the same redeveloped building, it can be achieved by purchasing it from the developer and hence would enable the family to live in together.
Redeveloped building can with stand with the new climatic and geographic conditions and is constructed with latest safety measures.
There is huge potential for redevelopment, in Ahmedabad, due to the constraints on land availability with the mismatch between demand and supply of housing stock. On the other hand, there are thousands of ageing buildings where it may not be viable to carry out structural repairs The only solution is to pull them down and reconstruct them. The problem of dilapidated buildings in the city of Ahmedabad is becoming more acute, with each passing year. Consequently, for a majority of the cities in India,redevelopment of old buildings becomes crucial.
With the mid-income segment today becoming a huge purchasing market, developers are moving towards redeveloping older structures into modern luxurious buildings with facilities like sufficient parking, opon areas. In the ultimate analysis, complete and timely delivery seems to be the most crucial factor, when it comes to redevelopment.
Redevelopment is the process of demolishing existing old society building and reconstructing it by appointing a good developer who can construct and handover new flats to the society members free of cost with some additional benefits and make profit by utilizing balance plot potential by constructing additional flats and shops as per approval from concerned authority.
We consider HUMAN has life of 100 years, the same way building has life of 50 years, and after 25 years building needs more and more repairing as new plaster, new pipelines for water, waste & drainage systems, water proofing in terrace etc.
In some countries, builder gives demolition date in advance at the time of possession of new building. So in this time you have to think over this concept.
|Points||Old Flat||Redevelopment Offer||Remarks|
|Structure||Very Old||Safe & sound quality controlled R.C.C. frame structure with best material components. Earthquke resistant design as per IS 1893 & IS 4326 criteria||Safe structure for next generation also|
|Elevation||Old||Contemporany artistic design||Premium Lifestyle home|
|Security||No||Intercom Facility||Safer life|
|Water Supply||Not Sufficient||New tube well for 24hours water supply||Hassle free life|
|Flooring||Old||2×2 vitrified title flooring having grater strength in almost entire area, designer tile concept up to lintel level in bathroom & kitchen||Easily maintainable & dust free environment|
|Plumbing||Old||Good quality designer sanitaryware for spotless and sparking toilets, corrosion free and leak proof CVPC/UPVC pipe fitting||Maintainable Free|
|Parking||Not Sufficient||Ample Parking Space||A unique feature in your life|
|Lift||No||Safe and smooth modern lifts having sifficient capacity||Most necessary for every one, specially aged & ladies|
|Entrance Foyer||No||Artistic entrance foyer with post box and name plates||Creative classic home, which you deserve|
|AMC/AEC & Legal Charges||Not applicable but if you purchase new flat, it will be applicable ranging from 3 lacs to 7 lacs & more||Not a single rupee||new flat without any extra cost|
|Anti termite treatment||No||Professionally done anti termite treatment||Longer life of your precious furniture & fixtures|