Redevelopment Benefits To Look Forward To

The process of redevelopment improves the quality of living, as well as your homes. These projects transform your worn-down building into a place where you can envision your future. With the process involving the construction of a brand new building, there are a lot of good changes to look forward to. 

Additional Area

Based on calculations made by your project’s architect, the society members may be entitled to additional area. This means that you’ll receive a bigger house at the end of the redevelopment process. Moreover, depending on how feasible the project is, you could also end up with an extra room or more!

New Building

The whole reason you may be considering redevelopment is that your current building is in a bad state. It is a commonly known fact amongst professional lobbies that the old buildings were estimated to last 60 years, but are now dilapidated within 40 years. New buildings are constructed using RCC (reinforced cement concrete) to last 100 years, but will last for atleast 70 years. The building you call home after redevelopment will be newly designed, built with newer architectural standards, and better quality materials, and thus, will be safe for your family for the next 70 years. 

New Amenities

With a newly designed building comes the opportunity to add a lot of new amenities to improve your residents’ quality of life. Based on your society members’ needs and available space, you could either decide among yourselves (in case of self-redevelopment), or make a precondition with your developer/ development manager for the amenities you’d like to add. Amenities like swimming pools, gyms and sports facilities, roof-top gardens, children’s playground etc. are a few of the many ways you can improve your society.

Rain Water Harvesting

Mumbai’s municipal corporation made it compulsory in 2007 for buildings with more than 300 square metres of area to include a rainwater harvesting system. This system helps collect and store rainwater which can then be used by residents for non-essential uses like watering gardens and washing cars. Newer systems can also help redirect rainwater underground to replenish groundwater.

Greener Building

Your new society can also be built to be a much more sustainable and environment-friendly structure. This is possible because of factors like better building materials, techniques used during construction, and more efficient lighting and water systems. The aim is to build a society that has reduced water and energy consumption and generates less waste.

Fire Alarm Systems

Fire safety is a huge problem for old, dilapidated buildings in Mumbai. These homes have little to no measures in place to detect and control fires. A brand new construction will have the latest fire alarm systems that will result in a much safer building.

Parking

Parking is also a big problem with older Mumbai housing societies, most being constructed with little to no parking space. The available parking in these buildings is often in the open and unplanned. Your redeveloped society will have a much better parking system that has enough space for all residents to park stress-free.

Elevators

Many old buildings in the city also don’t have elevators or even the space to add one. This has always been a problem for those with mobility issues. New constructions include multiple elevators making the building so much more accessible.

Redevelopment will get you the best of modern living standards, while also significantly increasing the market price of your property. Ultimately, your quality of life and your future really depends on how you live. A redeveloped home is like hitting the reset button and starting new. So much of what affects your current lifestyle can be fixed with the benefits this option provides. By investing your time and some effort you can ensure that your family’s future is safe and secure.