How should a housing society in Mumbai evaluate builders, negotiate commercial terms, and handle internal disagreements during redevelopment? 🤔
In Part 2 of our Redevelopment in Mumbai Series on PropSutra by Balaji Rao, we dive into the commercial, financial, and behavioural aspects that shape every society’s redevelopment journey. From conducting a fair tendering process to managing descending members and understanding tax implications, this episode breaks down the realities most societies struggle with — but rarely discuss openly.
🔍 What you’ll discover:
🔴 How to conduct a fair, transparent tendering process
🔴 Why wider builder participation prevents disputes later
🔴 Evaluating commercial offers: rent, deposits, guarantees & additional area
🔴 Understanding feasibility limits and how they shape negotiations
🔴 Tax implications for members during redevelopment
🔴 Managing dissent, doubt, and mistrust within societies
🔴 How transparency tools (WhatsApp groups, websites, SOC) reduce conflict
🔴 Challenges of density, infrastructure load & premiumization in Mumbai
🔴 The hidden cost trap: higher long-term maintenance for old members
📌 Whether you're a society office-bearer, resident, PMC, lawyer, or real estate professional — this episode gives you a practical and unbiased look at the most sensitive part of redevelopment: money, trust, and expectations.
📍PropSutra by Balaji Rao
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💬 Share your questions or experiences with redevelopment in the comments
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