Redevelopment Projects in Mira Road
Transforming Old Societies into Modern Living Spaces in Mira Road, Thane
Many buildings in Mira Road are no longer the safe, comfortable homes they once were; frequent repairs have become the new normal, leaving families frustrated and uncertain. At AsmitA India Realty, we see this not just as a problem but as an opportunity to reimagine your community.
Redevelopment in Mira Road, Thane, opens the door to stronger construction, modern designs, thoughtful amenities, and renewed value for every home. For hundreds of families, it’s the chance to reclaim their space, without losing the neighbourhood they’ve built their lives around.
Rebuilding Dreams Restoring Faith: The AsmitA Approach
With decades of experience in society redevelopment, we maximise your land’s potential to create safer, amenity-rich buildings. At AsmitA, every promise we make is a promise we keep.
TIMELY DELIVERY
SIGNATURE QUALITY
100% TRANSPARENCY
Crafting New Beginnings Through a Structured Redevelopment Process
Society redevelopment is a major decision that ensures long-term asset value and a secure future. As one of the top-rated redevelopment partners, we follow a structured process to lead the building redevelopment process.
- Clear communication at every stage
- Transparent timelines and deliverables
- Thoughtful planning that prioritises your comfort
- Safe transitions during temporary relocation
- Homes delivered exactly as committed
We treat every society as a community, and not just another project. With 40+ years of experience and over 3,500 residential apartments successfully constructed, our approach combines robust engineering, advanced construction practices, and user-focused innovations. As dependable redevelopers in Mira Road, Thane, we ensure safer infrastructure, better amenities, and a contentful living experience for every family.
Benefits of Partnering for Redevelopment with AsmitA India Realty
In-depth Local Authority Knowledge
As a trusted redevelopment builder in Mira Road, Thane, our understanding of MBMC requirements helps your paperwork progress smoothly. At the same time, our experience with RERA guidelines ensures full compliance from planning to possession.
Financial Strength for Timely Delivery
Backed by solid financial capability that supports uninterrupted construction, our professional project management keeps the site on schedule. This is one of the key reasons why many societies prefer us as seasoned redevelopers in Mira Road.
Strong Track Record in Residential Development
Our experience with both medium-sized societies and larger communities with detailed requirements shows a pattern of consistency and a focus on long-term durability.
Transparent Communication with Society Members
Transparent communication with society members through clear, consistent updates on progress and timelines ensures your society never feels confused at any stage of the journey.
Why Choose AsmitA India Realty for Redevelopment in Mira Road, Thane
Partnering for Redevelopment: Why Choose AsmitA India Realty
HISTORY OF SUCCESS
With a legacy dating back to 1985, AsmitA India Realty has been at the forefront of uplifting entire neighbourhoods, strengthening not just housing but also the social fabric through better infrastructure, education, and access to healthcare.
Loyal Community Base
Over the years, we’ve built a loyal community supported by an impressive portfolio of 50+ residential developments and 200+ commercial spaces, thereby shaping the landscape of redevelopment in Mira Road, Thane.
Award Winning Reputation
Our consistent delivery and people-first approach have earned us industry-wide recognition, including the prestigious Smart Project of the Year (2025) by Outlook Business Spotlight Nation Builders Excellence Award, Smart Real Estate Project Award (2022) by CNBC Awaaz and multiple Best Realty Brands honours in 2024 and 2025. This legacy continues to guide every one of our redevelopment projects in Mira Road.
Understanding Redevelopment Process/Key Stages
We believe that a well-structured redevelopment ensures your society experiences confidence, clarity, and continuity. Our role as your partner in redevelopment in Mira Road is to simplify every stage and keep your committee fully informed.
Here are the key stages of our process:
The society begins the redevelopment process by issuing a public notice/invitation for redevelopment proposals in accordance with the redevelopment guidelines issued under Section 79(A) of the Maharashtra Co-operative Societies Act, 1960. AsmitA India Realty submits detailed offers covering:
i. Proposed carpet area and tentative flat layouts
ii. Transit rent or alternate accommodation provisions
iii. Corpus fund, amenities, and specifications
iv. Construction schedule, milestones, and payment terms
The society shall appoint an independent Project Management Consultant (PMC) and a Legal Advisor through a formal resolution. They assist the committee in:
i. Assessing technical feasibility and planning parameters as per the applicable UDCPR provisions for redevelopment.
ii. Verifying financial capability and track record of bidders
iii. Comparing offers through a transparent comparative statement
The comparative report is presented to members in a Special General Body Meeting (SGBM) for deliberation and shortlisting of the preferred developer.
Following detailed discussion, the society passes a redevelopment resolution by a minimum 75 % majority of total members (as per GR dated 04.07.2019).
Each member then provides irrevocable written consent in the prescribed format confirming acceptance of the redevelopment proposal. This collective consent authorises the society to execute the Development Agreement.
A registered Development Agreement is executed between the society and AsmitA India Realty, specifying: i. Commercial terms (carpet area, corpus, rent, amenities)
ii. Construction milestones & delivery timelines
iii. Legal rights, indemnities, and dispute-resolution clauses
Architectural plans are prepared and submitted to MBMC for scrutiny. On compliance with planning norms, MBMC issues an Intimation of Disapproval (IOD) — listing pre-construction conditions.
After receipt of IOD, Permanent Alternate Accommodation Agreements are executed and registered individually with each member. These agreements legally secure:
i. The member’s entitlement to a new flat and carpet area
ii. The assured transit rent or alternate accommodation
iii. The developer’s contractual obligations and timelines
Once all members vacate and possession is handed over, the old structure is demolished safely under statutory supervision.
MBMC issues a Commencement Certificate (CC) permitting construction as per the approved plans and IOD conditions.
Necessary NOCs (Fire, Environmental, etc.) are obtained before starting actual work.
Construction proceeds under MBMC’s continuous monitoring and periodic inspection by the PMC and structural consultant.
After completion and compliance with all norms (fire, drainage, structural, and environmental), MBMC issues the Occupation Certificate (OC) confirming the building is fit for occupation.
With the OC granted, AsmitA India Realty hands over the new, legally compliant flats to society members and new allottees. Within 4 to 6 months, a new co-operative housing society (or reconstituted society) is registered.
All project documents — sanctioned plans, approvals, warranties, and conveyance deeds are transferred to the newly elected managing committee.
Disclaimer: This guide is for general informational purposes only and outlines the typical MBMC redevelopment process. It is not legal advice. Societies, members, and developers should consult their own legal and professional advisors. AsmitA India Realty is not responsible for any errors, omissions, or actions taken based on this information.
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Frequently Asked Questions
The duration of redevelopment depends on approvals, design planning, shifting arrangements, construction stages, and quality checks. When professionals handle the building redevelopment, each stage moves smoothly because the coordination between authorities, consultants, and contractors stays organised. As your redevelopment partner, we manage timelines carefully to ensure steady progress.
Redevelopment needs technical reports, member consent, MBMC permissions, RERA registration, and multiple project-related certifications. Each approval must be handled systematically so the project moves without interruption. Through our experience with redevelopment in Mira Road, we ensure your society receives full support throughout documentation, ensuring the journey remains safe and aligned with all governing requirements.
Committees should study the builder’s experience, financial capability, technical strength, communication approach, and past redevelopment work. Reviewing completed redevelopment projects in Mira Road helps you understand the builder’s quality and reliability. When your society selects experienced redevelopment builders, like AsmitA, you receive transparent updates and disciplined execution that brings confidence throughout the journey.
Cluster-based redevelopment schemes support improved planning, stronger structures, modern amenities, and better shared infrastructure. This approach helps multiple societies upgrade together through unified design and coordinated approvals. When we guide communities through these schemes, we focus on long-term functionality, thoughtful layouts, and improved liveability. This creates a stable living environment, supported by high-quality construction and an organised redevelopment journey.
