Redevelopment
Why Sayaji Realty ?
Choosing Sayaji Realty as your redevelopment partner means selecting a company with decades of experience in luxury hotel construction, expanded into real estate. With a rich legacy in developing world-class 5-star hotels, we bring that expertise to elevate the quality and standards of your living experience.
At Sayaji Realty, we prioritize quality and timely delivery, with a zero-compromise policy on both. We provide functional amenities that promote a practical and holistic lifestyle, ensuring an inclusive approach to development that benefits everyone. Our management is responsive and approachable, and being part of a large conglomerate offers additional benefits. With our customer-centric approach, you can trust that we will deliver what we promise and promise what we can deliver.
Your Trusted
Re-Development
Partner
We offer our clients quality finishing , end to end customer experience, innovative architecture and construction technology.
Our Approach
Transparency
Support in displacement
Quarterly review
Timely progress report
Assistance in repossession
Post possession service
FAQ's
What are the benefits of redevelopment?
Redevelopment can bring numerous benefits, such as increasing property values, revitalizing neighborhoods, creating new jobs, and providing additional housing or commercial space.
How long does the redevelopment process take?
The duration of the redevelopment process depends on several factors, such as the size and complexity of the project, the number of stakeholders involved, and the time required to obtain necessary approvals and permissions.
Can a minority of members stall the process of redevelopment?
A minority of members cannot stall the process of redevelopment if the required percentage of consent has been obtained as per the relevant laws and regulations.
What is a floating of tender?
Floating of tender refers to the act of inviting bids or proposals from contractors or suppliers for a project or service. It involves formally announcing the opportunity and providing project details to potential bidders.
What is an actual carpet area?
The actual carpet area refers to the usable floor area within a residential or commercial property. It represents the space that can be covered with a carpet and typically excludes common areas such as walls, balconies, corridors, staircases, and other non-occupiable spaces.
How is the new flat allotted to the members after redevelopment?
The new flat is usually allotted based on the carpet area of the existing flat, which is used as a basis for calculating the area of the new flat.
Can the developer change the redevelopment plan after it has been approved?
The developer cannot change the redevelopment plan after it has been approved by the concerned authorities without seeking the consent of the members.
What happens to the existing tenants during redevelopment?
During redevelopment, existing tenants have to temporarily vacate their homes and are provided with alternative accommodation by the developer until the new building is constructed.