Published at: 29 Apr 2025
Is your housing society on its way to aging? More than just eyesores, cracked walls, leaking pipes and other outdated amenities are signals that redevelopment may be near. However, as Pune progresses toward becoming an urban centre, many older societies are turning towards redevelopment as a means to bring in the modern way of living. Below is your step-by-step guide for the exciting but complex journey of society redevelopment in Pune.
Before spending your time on paperwork, ask yourself: Do you really need to redevelop your society? Look around - are repair costs mounting? Is structural safety an issue? Are you envious of the amenities of newer buildings? At this point, it’s probably time to speak.
Redevelopment is not just about getting a new shiny apartment. It’s about adding value to your property, increasing its value, and making sure you have a safe structure for decades to come.
Change begins with conversation. Make a call to all society members to meet in a primary meeting and see if there is any interest. So here are some things to make it productive.
Transparency is your best ally from the moment one - you’ll never get 70% consent to go forward officially for society redevelopment.
The developer you choose to build your redevelopment dream will make it or break it. When you are evaluating a potential partner like SK Fortune Group, you should:
Don't rush this decision. Before proceeding, visit their completed projects, speak with previous clients, and scrutinize their financial health.
Pune redevelopment requires dealing with a number of legal formalities so redevelopment becomes ‘red tape’.
It would be wise to consider putting in place a legal advisor in redevelopment to help guide your society through these critical steps.
The transition period is probably the most disruptive part of redevelopment. Quality developers will arrange for:
This is a time when you can create a communication channel between residents and developers to deal with issues as quickly as possible.
The next chapter is drawing near, as construction continues to complete.
A lot of developers promise redevelopment expertise, but SK Fortune Group is Pune specific and community oriented in all that it does. Through our transparent redevelopment process, societies no longer get new buildings, they get revitalized communities of modern living that respect the neighborhood values.
Redevelopment isn’t just about tearing down old buildings and building new ones; it’s about reinventing how people live together in the community. When done right, it is more than a building, it’s a change in the quality of life for everyone.
Are you ready for redevelopment for your society? Contact SK Fortune Group to discuss a preliminary consultation that puts your community’s needs first.