rise-logo

What is Self Redevelopment?

Self redevelopment is a process in which the residents take on the responsibility of redeveloping the society, rather than the builder. While there are many projects undergoing redevelopment currently in Pune, self-redevelopment is set to be the next chapter that will reimagine redevelopment. With multiple advantages, from space planning to profits and timelines, self development is set to be a gamechanger.

RISE by Gokhale (Redevelopment Initiative for Self Empowered) will provide a comprehensive solution to self development in Maharashtra as per the new Development Control Regulations (DCR).

Advantages of Self Redevelopment

RISE by Gokhale promises to unlock the many benefits of self redevelopment for the people, by putting the residents of the society in charge of
redevelopment-related decision making, while offering Gokhale’s 2 decade expertise.

  • MAXIMISED PROFITS FOR SOCIETIES
    Better profits for the society as all the earnings are available to be used, the way the society members want.
  • TOTAL RISK-FREE SELF REDEVELOPMENT
    Industry experts are on-boarded to take care of every aspect of redevelopment and deliver it.
  • FINANCIAL SUPPORT BY BEST INSTITUTIONS
    RISE will act as a guarantor to get the best funding for the society, who will be the main borrower.
  • FAST-TRACK PROJECT DELIVERY
    The 20-year expertise of Gokhale with 175+ delivered projects translates into speedy delivery, ahead of schedule.
  • UNBELIEVABLE COST SAVINGS
    The society enjoys massive savings on both GST and Stamp Duty.
  • BIGGER & BETTER RESIDENCES
    Freedom to choose the redevelopment area, ensuring better planned indoors.
  • TRANSPARENCY FROM INCEPTION
    Society, Bank & RISE will sign a tri-partite agreement on Day 1, committing to a Balance Sheet.
  • BRAND ADVANTAGE FOR FASTER SALE
    The trust commanded by brand Gokhale will help in quicker selling of additional units.
  • GOVT. INCENTIVES FOR SELF REDEVELOPMENT
    Benefits like proposed 10% additional FSI, lower lending rates by banks, single window for approvals etc.

The Process of Self Redevelopment

Split across 3 stages and 16 well-defined steps, self redevelopment takes care of every aspect carefully.
Stage 1
  • 1. SELF REDEVELOPMENT CONSENT:
    Consent of 100% society members to take up self redevelopment.
  • 2. INITIATE THE PROCESS:
    The society to approach RISE with all the required details and documentation.
  • 3. FEASIBILITY STUDY:
    Structuring the project cost and revenue in a manner to maximise benefits for the society.
  • 4. APPOINTMENT OF RISE:
    Getting written consent for appointment of RISE and signing the necessary agreements.
Stage 2
  • 5. Design Development:
    Preparation of unit plan, layout and elevation as per the requirement of members.
  • 6. Land & Revenue Works:
    Obtaining the title search report and preparation of various undertakings required for approvals.
  • 7. BUILDING PERMISSION:
    Obtaining necessary approvals from respective authorities for architectural plans.
  • 8. PROJECT FINANCE:
    Arrangement of loan from financial institutions. based on the project report.
  • 9. RERA REGISTRATION:
    Obtaining the RERA registration and uploading all the relevant documents including the project's Commsencement Certifcate.
  • 10. VACATING THE PREMISES:
    Moving out the existing society members on receipt of Commencement Certificate and handing over of the premises to RISE.
Stage 3
  • 11. Sales & Marketing:
    Preparing and finalising a comprehensive sales strategy for additional units.
  • 12. Construction & Monitoring Cash Flow:
    Ensuring quality and workmanship, and monitoring timely completion of the project.
  • 13. Possession & Enrollment of New Members:
    Handing over the premises to old & new members on obtaining Occupancy Certificate and handing over corpus to the society.
Feel free to contact us on +91 9607 284 999 for further details.

The Expert Panel of RISE

A team of expert architects, legal advisors, contractors and project management consultants
form the backbone of RISE. Here, you get the best advice only.

Chairman,
Gokhale Constructions
Vishal Gokhale
Architect
Vikas Achalkar
Architect
Manoj Tatooskar
Project Management Consultant
Abhijit Kenjale
Financial Advisor
Atul Galande
Structural Engineer
Parag Chopada
Land Acquisition Expert
Nitin Vaidya
Chairman, Pune District Co-Operative housing Soc. and Apartments Federation
Suhas Patwardhan
Legal Advisor
Udaykumar Kulkarni
Legal Advisor
Shripad Khurjekar

Standard Documents

  • Society Registration Certificate
  • Approved Building Plan
  • Conveyance Deed / Lease Deed / Sale Deed
  • Copy of resolution by society members towards redevelopment
  • List of members with their respective carpet areas
  • Property Card or 7/12 Extract
  • Search Report and Title Certificate
  • N. A. Order
  • Commencement Certificate
  • Completion Certificate
  • Old Demarcation
  • Share Certificate (in case of Society)

Let's Redevelop Together

    Get in touch

    CTS No. 104, Plot No. 61, Opp. Income Tax Office,
    Off Prabhat Road, Erandwane,
    Pune – 411 004

    email

    sales@gokhaleconstructions.com

    phone

    +91-9225 999 000

    about us

    Pune’s most loved and trusted real estate brand, Gokhale delivers world-class commercial, residential and luxury living projects.

    Newsletter

    Get latest news & update

      © 2023 – Gokhale Constructions. All rights reserved.
      design & developed by equalz