An increase in Floor Space Index (FSI) and the ratio of permissible built up are to plot area and the ever increasing property prices are making developers approach residents asking for permission to demolish their old structure and put up a new building with more apartments for a big house and more money
There are some facts you definitely need to check before you put your society for Redevelopment with a developer
Documents Required by the society :
– Conveyance deed
– Society Registration Certificate
– General Body Resolution to go for redevelopment
– List of member with their respective carpet areas
– C.T.S. plan & property card for the plot.
– D.P. remarks, If the property is under TPS scheme then T.P. remarks
– Copy of municipal approval plans
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