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REDEVELOPMENT IN CO-OP HSG SOCIEITES - WIRC-ICAI

1 REDEVELOPMENT IN CO-OP HSG SOCIEITES By. CA. Ramesh Prabhu CHAPTER 1 INTRODUCTION ON REDEVELOPMENT If your Society is planning for REDEVELOPMENT , then the members of the Society should be familiar with the process for undergoing REDEVELOPMENT . The following points will make understanding the REDEVELOPMENT process better. What is REDEVELOPMENT ? REDEVELOPMENT means demolishing the Old Structure and replacing the same with New Structure with new Dimensions and Space.

Registrar of Co-operative Societies and the BMC. Can a member change his decision after giving his Consent in writing for Redevelopment? Consent obtained from the members is irrevocable and embossed with Rs.100/- stamp. Hence, once Consent is given by a member, it cannot be revoked. Only if a member has a

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