4.2] Existing redevelopment styles

4.2 Analysis of existing redevelopment happening in Mumbai

What is redevelopment and why is it needed?

Dilapidated buildings on the verge of collapse are a tragic reality in Mumbai. As an incentive to owners of old buildings, the developer provides additional area, funds, and promises to provide new floors with better facilities. House reconstruction refers to the process of reconstruction of a residential premise by demolishing existing structures and constructing new ones under the approval of the Greater Mumbai Municipal Corporation (MCGM). Ideally, it works best when the building is in urgent need of major repairs but lacks funds. As per the terms of the agreement between the developer and the society in question, existing members of the society receive new flats in the reconstructed building of an area equal to or more than the area of their existing flats. But redevelopment can only take place if 75 percent of the members tender their consent.

Figure 8) – Imambara, Dongri Figure 9) - V.P. Road, Prarthna Samaj Figure 10) - Bhulsehwar, C.P. Tank Source – Author Source – Author Source - Author