Your building has served its time. Your home shouldn't suffer for it.
What redevelopment means for you
A new home at no cost
Your society exchanges an aging structure for newly built homes. Members don't pay for construction — the project is funded by the developer against the additional development potential of the plot.
Rent during construction
While your building is rebuilt, members receive rent for alternative accommodation, committed in the development agreement before work begins.
A corpus fund
Most redevelopment agreements include a corpus — a lump sum paid to the society or its members that helps offset future maintenance and outgoings.
Modern amenities & safety
New construction means current fire and structural codes, lifts, parking, and amenities an older building simply cannot retrofit.
Redevelopment, done right.
Transparent with societies. On time for families.
Every redevelopment begins with a building that has served its time. This is the Our Home site in Andheri West — as we found it, and as we delivered it.
The risks nobody explains
Redevelopment done badly has cost Mumbai families years of their lives. You should hear the failure modes from a developer, not discover them later.
Stalled projects
Mumbai has buildings where residents vacated years ago and construction stopped — often because the developer's finances or approvals were weaker than the promises. Ask any developer how their past projects were funded and whether every one of them was completed.
Over-promised FSI
Some offers assume development potential the plot may not actually have. If the numbers only work with a best-case FSI assumption, the risk is carried by your members. Insist on a feasibility study you can have independently checked.
Missing OCs
A finished-looking building without an Occupancy Certificate cannot be legally occupied and its flats are hard to sell or finance. A developer's OC record is the single most verifiable signal of whether they finish properly.
“After years of trouble surrounding the building, once IMK entered we were finally able to receive our homes — made much better than we could ever have expected.”
How IMK runs it
Initial Consultation
We meet with society members and landlords to understand their needs, assess the property, and discuss the potential of redevelopment.
Feasibility Study
Our team conducts a thorough analysis of FSI potential, regulatory requirements, and financial viability to present a clear picture.
Agreement & Planning
Once aligned, we formalize the partnership and begin architectural planning, ensuring all stakeholders are involved in key decisions.
Approvals & Construction
We handle all regulatory approvals and execute construction with strict quality controls and timeline adherence.
Delivery & Handover
Upon OC receipt, we hand over beautifully finished homes, maintaining relationships well beyond possession.
“We were given Italian marble and digital locks in a MHADA building — something we never expected, but are really grateful for.”
Questions societies ask us
Invite us to present to your committee
A one-hour session, your questions first. Verify us on MahaRERA before we arrive — we prefer it that way.
Start the Conversation