The concept of Self Redevelopment comes out vividly dynamic in the space starved metropolitan of India especially Mumbai, which defines this notion as an alternative, feasible at both the ends of the contract.
In general, homeowners are considering Self Redevelopment for appointing their own contractors, architects & project management consultants to execute the same. Self-Redevelopment can be either for housing societies or stand-alone buildings, projects which are governed by bank loans.
Benefits of Self-Redevelopment
With the right government intervention & policy in-place, Self-Redevelopment has the potential to be the alternative, in metropolitan, where, not only land is scarce, but, at most times, not available at all!!!