Swojas Enterprises Redevelopment Division:

A Step Forward in Progress

Swojas Enterprises is proud to present its Redevelopment Division, an avenue dedicated to uplifting living experiences to new heights. Committed to delivering quality construction, the Division strives to enhance lifestyles in and around Pune’s premium, well-connected locations.

With a legacy known for aesthetics, luxury, affordability, and trust, the name Swojas Enterprises has a rich reputation. The Redevelopment Division takes this ethos further by crafting contemporary lifestyles through diverse redevelopment projects that cater to all segments of society.

With complete transparency, Swojas Enterprises manages formalities such as feasibility studies, architectural design, financing, relocation strategies, and legal documentation. We pledge to elevate our benchmark quality, offering improved homes with superior amenities and top-notch specifications. Backed by our values, quality, and heritage, we promise exceptional construction quality and an enduring foundation of mutual trust. We eagerly await your response.

The Process: Building a Better Tomorrow

The journey to redevelopment commences with a General Body Meeting, where members’ consent is obtained. Following this, a committee reaches out to us for proposal evaluation and offers.

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Society Evaluation
The first step in the process of redevelopment involves convening a General Body Meeting of the society for getting the consent of the all the existing members. A committee of representatives then approaches us for evaluation of the proposal and a relevant offer.
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Feasibility Report

On the receipt of the of the offer, we study the documentation and prepare the feasibility Report. This Report states that if the documents submitted are in order and or is there any discrepancy and methods to overcome the same. We scrutinize and check whether the said Society / Apartment have a clear title and ownership is free of the litigation. If required is  the said society/ Apartment can appoint a legal consultant if required is during the process of redevelopment.

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Terms & Conditions
On the preparation and finalization of the feasibility report, the committee holds discussions on the same. On this basis, both parties arrive at an agreement and expected terms and conditions for the process. We then propose the conclusive offer to the Society / Apartment.
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Project Design
On the receipt of verbal confirmation / Letter of intent from the Society / Apartment, we initiate the process of the architectural plan for the proposed new Flats. The Society / Apartment is required to submit certain documents. We inform the timelines accordingly to them.
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Presentation & Selection
We present various options / Plans to the Society/ Apartment. The plans are prepared taking into consideration the expectations and suggestions of exiting Society members. Once the building Layout and allocations of flats is finalized, we present the Society / Apartment with a draft copy of the Agreement of Redevelopment. The Society / Apartment consults its legal counsel on the draft agreement and after making the required changes / amendments, the draft agreement is finalized and made ready for signature.
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Agreement & Sanction
After the agreement is signed by both the parties and registered, the Architects proceed with the process of procuring the sanction letter from the Municipal Corporation and the final Layout. During this process, we assist simultaneously the members/ resident for getting the rental accommodation for the period of the construction. Alternatively, in some cases the agreement is signed once the initial plans are submitted and approved by the Municipal Corporation.
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Vacation of premises and physical possession of the property

We normally allow the period of around 1 – 2 months to the Society/ Apartment for vacating the property, so that once vacated we can commence with the process of demolition of old structure. Subsequent to that as per tradition, a BhoomiPujan is organized on an auspicious day prior to the commencement of work.

Redevelopment FAQ's

Ans: We require an Old Sanctioned Plan Copy, Property Card, Area Statement of existing members, and Conveyance Deed.

Ans: A copy can be obtained from the Municipal Corporation’s archives.

Ans: It indicates a congested zone where TDR usage isn’t permitted. Redevelopment depends on available FSI.

Ans: A copy can be obtained from the Sub-registrar office

Ans: Legal procedures are followed, share certificates are issued to nominees, and changes are made to the Development Agreement.

Ans: Clear existing loans and take fresh housing loans or secure NOC from the current bank.

Ans: Legal matters proceed separately; joining redevelopment is possible upon agreement.

Ans: Law states unwilling members can’t halt the process, but court matters might delay it.