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Redevelopment

YOUR TRUSTED REDEVELOPMENT PARTNER!

BREATHING NEW LIFE INTO OLD SPACES

In the fast-paced urban landscape, the home serves as a sanctuary. Our focus on redevelopment projects aims to upgrade your lifestyle with modern amenities, enhanced security, and top-notch quality while preserving your neighbourhood roots. With a track record of 3500+ apartments and 200+ commercial spaces, we redefine everyday living in Mumbai.

OUR COMMITMENT

At AsmitA India Realty, we specialize in the art of maximizing the potential of existing land areas to draw in prospective residents, investors, and businesses.

Real estate investment in India

TIMELY DELIVERY

Our history of successful projects serves as a testament to our assurance of punctual delivery. Through transparent communication, proactive problem-solving, and steadfast adherence to stringent timelines, we guarantee the timely completion of your redevelopment endeavours.

SIGNATURE QUALITY

We surpass conventional methods by employing top-quality materials and meticulous craftsmanship. Our expert team delivers properties that fulfill functional requirements while ensuring long-term asset appreciation.

100% TRANSPARENCY

You'll receive regular progress reports and updates on our construction quality. This transparency, coupled with our track record of timely and budget-friendly project deliveries, empowers you to make informed decisions.

Our Projects

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WHY YOU SHOULD CHOOSE US?

HISTORY OF SUCCESS

Our portfolio boasts 50 thriving residential developments and over 200 successful commercial projects.

LOYAL CUSTOMER BASE & COMMUNITY

Since 1985, we have spearheaded community transformation, enhancing infrastructure, education, and healthcare.

AWARD-WINNING REPUTATION

Recipient of the Smart Real Estate Project award (2022) from CNBC Awaaz & Best Realty Brands (2024) by ET Edge Times Group.

Years of Legacy
25 +

REDEVELOPMENT PROCESS GUIDE

Empowering your society’s transformation is not only simpler but also the wisest investment for financial security and the future. AsmitA India Realty, a top-rated redevelopment partner in Mumbai, is committed to ensuring a smooth and stress-free process. Explore our user-friendly guide for navigating your society’s redevelopment journey with ease.

Initial Offer letter

The developer presents a proposal outlining new unit plans, area breakdowns, amenities, timelines & more.  Upon agreement, both parties proceed with the next steps.

STEP 1
MHADA NOC

Obtaining and confirming the "Occupant’s Irrevocable Consent" in accordance with MHADA format is the next stage. Subsequently, the MHADA certifies the old building's certified tenant list and gives the No-Objection Certificate (NOC).

STEP 2
MCGM IOD (Plan Approval)

The developer submits plans  to the Municipal Corporation of Greater Mumbai (MCGM) for approval with MHADA's NOC. Authorization to start construction is indicated by the IOD.

STEP 3
Agreement & Relocation

Following the IOD, a legal agreement for Permanent Alternate Accommodation (PAA) is established with each tenant, facilitating their relocation.

STEP 4
Demolition & Obtaining the CC

Once the tenants are comfortably relocated, demolition commences. A Completion Certificate (CC), which permits the construction of the new building, is granted upon completion.

STEP 5
Obtaining the OC

An occupancy certificate, or OC, is the final legal document needed for a property to be considered completed. MHADA issues the NOC to OC first, and then MCGM issues the OC.

STEP 6
Receiving Possession of New Units

After receiving the OC, the developer gives the new homeowners and the previous tenants possession agreements for the new location.

STEP 7
Final Society Formation

Within four to five months of possession, a new society committee is established. The new office holders of the redesigned society receive all the documentation from the developer.

STEP 8

Redevelopment Form Details

Complete your redevelopment form accurately with all the required details for a seamless process.

Redevelopment Form

Considering redevelopment for your property?

Get in touch with us, and our dedicated professionals will provide the guidance you need.