Frequently Asked Questions (FAQs)
1. Why is redevelopment necessary?
Our building has aged and requires upgrading to ensure safety, comfort, and compliance with modern standards.
2. Will members receive rent during construction?
Yes. The developer will provide transit rent or alternate accommodation as per the redevelopment agreement.
3. How will the developer be selected?
Through a transparent tender process, with members’ consent.
4. What happens if the project gets delayed?
The agreement will include penalty clauses to protect members’ interests.
5. Will members bear additional costs?
No extra cost will be charged. In fact, members will receive enhanced flats with modern facilities.
6. What facilities will we get in the new building?
- Adequate parking
- High-speed lifts
- 24/7 security & CCTV
- Rainwater harvesting & solar energy
- Community hall, gym, and play area
- Landscaped garden & open spaces
7. How will transparency be maintained?
All decisions will be taken collectively and shared through meetings, circulars, and website updates.