Society Redevelopment
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By Staff Reporter

Exciting news! We are thrilled to announce the launch of our new book, “Society Redevelopment 2023 Edition.” This comprehensive guide is your key to understanding the transformative world of self-redevelopment of housing societies in Maharashtra. Get ready to embark on a journey towards a brighter future.

  1. Embracing Change: Empowering Housing Societies Discover the step-by-step procedure for self-redevelopment, enabling housing societies to take control of their destiny. From understanding cessed building categories to leveraging Transfer of Development Rights (T.D.R.) and increasing Floor Space Index (F.S.I.) in Mumbai suburbs, this book demystifies the path to revitalization.
  2. Clearing the Path: Legalities and Ownership Navigate the complexities of conveyance, ownership, and city survey records. Gain insights into essential aspects that ensure a secure investment and legal compliance throughout the redevelopment process.
  3. Overcoming Challenges: Society-Developer Collaboration Explore challenges and learn how effective collaboration between societies and developers can overcome them. Discover the benefits of re-development agreements with builders, safeguarding the interests of all stakeholders involved.
  4. Answering Your Questions: FAQs on Society Redevelopment Find answers to commonly asked questions surrounding society building redevelopment. Gain valuable insights, address concerns, and make informed decisions as you embark on this transformative journey.
  5. Government Support: New Guidelines and Incentives Stay updated on the latest guidelines provided by the state government, aimed at facilitating and streamlining the process of society redevelopment. Uncover the incentives and provisions offered for the reconstruction or redevelopment of cessed buildings by co-operative societies.

Conclusion: Be among the first to dive into the world of society redevelopment with our new book, “Society Redevelopment 2023 Edition.” Empower yourself with comprehensive information, expert insights, and government support to make confident decisions and secure a brighter future. Don’t miss this opportunity to unlock the potential for a better tomorrow. Grab your copy now!

Click Here to Buy Book

2 thoughts on “Society Redevelopment 2023 Edition: Unlocking the Potential for a Better Future”
  1. Sir,
    Just for understanding – For Self-Redevelopment – Without Input Tax Credit
    Members are expected to pay 5% GST on Total Funds contributed which include
    1.Professional fees+GST
    2. MCGM premium/approval fees + GST(plus under the table expenses to all departments, right upto MC level for different approvals)
    3. Construction cost + GST
    Hope this matter reaches the Finance Ministry & Department Of Indirect Taxes soon.

    1. Members engaging in self-redevelopment are typically required to pay 5% GST on total funds contributed, covering professional fees, MCGM premiums, approval fees, construction costs, and associated GST expenses. This matter may be brought to the attention of the Finance Ministry and the Department of Indirect Taxes for consideration.

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