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PMC - SCOPE OF WORK

PMC - SCOPE OF WORK. A Presentation by Shri . Shrikant Chavan Architect,. 1. STATE GOVERNMENT GUIDE LINES FOR REDEVELOPMENT DATED 3 RD JAN, 2009.

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PMC - SCOPE OF WORK

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  1. PMC - SCOPE OF WORK A Presentation byShri. ShrikantChavan Architect,

  2. 1. STATE GOVERNMENT GUIDE LINES FOR REDEVELOPMENT DATED 3 RD JAN, 2009. • Initial Step in redevelopment is to appoint a Project Manager to achieve transparency, to implement techno-commercial knowledge to achieve target quality and completion for proper handover new premises. • Publishing an advertisement in news papers for inviting developers to collect tenders from Society appointed PMC. • To invite officer appointed by Registrar for SGM for selection of Builder. with video shooting arrangement of SGM

  3. GUIDANCE FOR PROCURING REQUIRED Documents OF ALL LEGAL / • PROPERTY PAPERS. • Society registration certificate. • Conveyance deed of the land & building. • PR Card. • City survey plan of the land • D P. Development plan remarks as per MCGM. • Approved plans of the existing buildings.

  4. 2. SURVEY OF EXISTING LAND & BUILDING UNDER POSSESSION. • Existing land and building are to be surveyed by surveyor. • Carpet area of every tenement are to be verified with original approved plan • The land area to be compared with the area in final PR card • Existing parking nos. are put in record.

  5. 3. OFFER DETAILS OF MAXIMUM FSI AND TDR CAN BE MADE AVAILABLE. • FSI differs as per type & location of the property. • Minimum TDR to be bought to achieve maximum FSI benefit. • Available balcony, niches, dry balcony, flower beds may be considered.

  6. 4. PREPARE PROJECT FEASIBILITY STUDY REPORT WORKING ON MAXIMUM FSI • Original plot area • Deductions due to any DP Reservations. • Availability of set back area • FSI index as per area and type of proposal. • Maximum TDR required.

  7. 4. PREPARE PROJECT FEASIBILITY STUDY REPORT • Cost of TDR . • Cost for approval of plans & various NOCs. • Fees of appointed Professionals like Design Architect, Liaison Agency, Structural Engineer, Advocate & Document registrations etc.

  8. 4. PREPARE PROJECT FEASIBILITY STUDY REPORT • Sum of Corpus Fund or Deposits. • Rent for 24-36 months Cost for approval of plans & various NOCs. • Cost of to & fro transport expenditures to be paid to Society members etc. • Interest on investments

  9. 4. PREPARE PROJECT FEASIBILITY STUDY REPORT • Arithmetic calculations for construction cost of total FSI, & cost of type of amenities demanded by society members • Consider the cost of demolition of existing building. • Calculate the approximate cost appreciation for the sale part of the developer, the viability checked with demands of the society.

  10. 5. GUIDELINES TO FINALIZE ON MAXIMUM DEMANDS OF SOCIETY FROM DEVELOPERS. • Percentage of additional carpet area than existing carpet area • Corpus Fund • Modern Amenities • Bank guarantee • Rent for temporary residence • Construction period

  11. 5. GUIDELINES TO FINALIZE ON MAXIMUM DEMANDS OF SOCIETY FROM DEVELOPERS. • The calculations of cost of projects is compared with Market value of saleable part of the developers • The said calculations are to be justified for reasonable profit for developer’s large funds investment, the risk factors and cost of administration of techno, financial aspects to developer to arrive at reasonable demand by the Society.

  12. 6. TENDER DOCUMENT PREPARATIONS DECIDE ON TERMS & REQUIRED INFO. • Earnest money deposit • Additional Carpet area over & above existing • Project completion period • Offer on Modern Amenities • Corpus Fund • Bank Guarantee

  13. 6. TENDER DOCUMENT PREPARATIONS DECIDE ON TERMS & REQUIRED INFO. • Company Profile. • Audited Balance sheet for last three years. • List of Similar executed projects

  14. Developer Selection procedure • PMC To Offer services on preparation of Tenders, • Guide society to choose minimum five best bids • Prepare Comparison chart of the bids selected best five bids. • Physically verify similar projects executed by them. • Check their credentials • Prepare the report.

  15. Developer selection procedure • PMC & Society may invite the developers for negotiation and discussions. • Revised quotes may be asked to submit after meeting. • Revised Comparison are studied with society office bearers • Society may decide on one developer for redevelopment.

  16. Selection of developer • In an SGM for selection of Developer in presence of Registrar office, PMC shall then arrange the services of an legal advisor to prepare or verify the drafts of LOI, Power of Attorney, Development Agreement, Individual Agreement for the Perfect Documentations to safeguard interest of the society members.

  17. PRE-CONSTRUCTION PHASE • Getting executed the Individual Tripartite agreement just after IOD. • On complying decided financial commitments to the society members by developers, members may be given one month notice after IOD to vacate their existing flats.

  18. PRE-CONSTRUCTION PHASE • Demolition of Existing building may start only after vacating it totally • Inform society the status of getting Commencement certificate (CC) for starting the construction of proposed building. • Date commencement of construction shall be recorded & informed.

  19. CONSTRUCTION PHASE • Watch for Proper methodology during construction activities • Strict adherence to the specifications and makes of ingredients and materials. • Record for daily activities and stock check of materials. • Advance intimations & Timely instructions for every smallest construction activity

  20. CONSTRUCTION PHASE • Progress assessments • Bill certifications / Reconciliation of specialized consultants. • Change/ variation reports, assessment & guidance to Society. • Dispute/ Claims management

  21. POST CONSTRUCTION PHASE • Resolve Claims and Contract Disputes • Insurance/ Warranties Validations. • Water Supply & Lifts Completion Certification • Getting Completion/ Occupation certificate. • Handing over duly completed flats to original society members

  22. POST CONSTRUCTION PHASE • Guide lines to society for strategies regarding new members after completion. • Handover the flats after due completion of snag list items and verification on offered amenities. • Handing over of complete set of Approval documents IOD, CCs, drainage completion, application for assessment cert., lift completion cert, BCC & OC.

  23. THANK YOU

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