Architect-Led Transformation

Upgrade Your Society. Zero Cost. Better Design.

Ageing structure, cracks, no parking, failing plumbing? It's time to redevelop. Suricon Realty turns old society buildings into modern, well-built homes. Under Aasim Mansuri's supervision, you get up to 25% extra carpet area, a generous corpus fund, and modern amenities — while we cover your rent during construction.

Vasai West Redevelopment Proposal
Redevelopment Calculator

CHS Redevelopment Feasibility Calculator

Enter your society's basic details to get an instant estimate of your space upgrade and compensation.

Current Flat Carpet Area 650 Sq.Ft.
Approximate Society Plot Footprint 1000 Sq.Mtr.

Estimated Results

Estimated New Carpet Area*
~ 750 - 810 Sq.Ft.
Estimated Corpus Fund*
~ ₹ 7.0L - 8.6L
Estimated Property Value*
~ ₹ 0.00 L
Estimated Rental Yield*
~ 0.00% - 0.00% p.a.
Estimated Monthly Rent Support*
~ ₹ 25,000 - 29,500 / mo.
Estimated Annual Rent Support*
~ ₹ 0.00 L - 0.00 L / yr
Book a Feasibility Audit
Typical rental yield ≈ 3–5% p.a. — prime South Mumbai ~4%, suburbs like Vasai ~3.5%. Figures are indicative and depend on the actual property, location, and market at the time.
Regulatory & Legal Safeguard *Disclaimer: These figures are rough, non-binding estimates for general information only. They are not an offer or a contract. Actual carpet area, corpus, and rent depend on a physical site survey, municipal setbacks, Development Control & Promotion Regulations (DCPR), and the final registered Development Agreement (DA) with your society.
How It Works

Our Step-by-Step Redevelopment Roadmap

We bring PMC-level care to every stage, with full transparency and strict compliance.

Milestone 01

Society Consent & Initial Layout

We present feasibility layouts to the society's general body. Once 51%+ of members agree (under Section 79A), we sign the formal MOU.

Milestone 02

Detailed Blueprint & FSI Allocation

As Chartered Architects, we draw up floor plans that use the full FSI and TDR allowed, maximising carpet area and getting municipal approvals quickly.

Milestone 03

Legal Agreements & MahaRERA Registration

We sign registered Development Agreements with each member — listing exact flat numbers, corpus, and rent schedules — then complete MahaRERA registration.

Milestone 04

Society Relocation & Demolition

We pay your relocation rent a year at a time, upfront (12 months together), so you can rent comfortably while we safely demolish the old building.

Milestone 05

Structural Construction & Quality Audit

Construction begins under strict PMC supervision. We run regular material checks (cube tests) and post monthly progress online.

Milestone 06

Occupation Clearance & Possession

Once construction is done, we get the Occupation Certificate (OC) and hand over the keys to your new homes.

Common Clarifications

Society Redevelopment FAQ

None. Suricon Realty pays for the entire redevelopment. Members get new, modern flats with more carpet area at zero cost. We pay your rent a year ahead (12 months in one payment) so you can rent easily, and you handle your own moving and brokerage with those funds.

Our Development Agreements set a binding timeline (usually 15–24 months) with strong penalties for delay. Under MahaRERA, the developer must pay interest and keep covering your rent until handover if deadlines are missed — so you are fully protected.

A corpus fund is money the developer gives the society to help with future costs — property tax, upkeep of new facilities like lifts and water systems — plus a bonus. It is split fairly among members and paid in stages (at MOU signing, demolition, and final handover).

Standard builders use generic, off-the-shelf plans — leading to cramped kitchens, wasted hallways, and poor ventilation. As Chartered Architects, we design each layout ourselves, lining up columns with walls and trimming passages, and give that saved space back to you as a bigger flat.

Get Started

Ready to Take Your Redevelopment Ahead?

Whether you're a society member just gathering information, a committee representative, or ready to present to your full general body — we're here to help. Book a personal feasibility meeting with Aasim Mansuri to assess your building.

BOOK A FEASIBILITY REPORT