MVUS Consultants

What is the “Role & Scope” of a PMC under Project Redevelopment?

PMC Services for Projects developed through a Developer –

Broad Project Management Services -

Understanding the Project feasibility, Members requirements, expectations for preparation of tender.
Floating the tender to credible Developers, get their response, prepare a comparative chart, discuss with Society & get the Developer on board.
Assisting the Society in finalization of DA & its registration.
Follow up with the Developer on finalization of layouts, its submission to Statutory authority, IOD / CC / NOC processing etc.
Supervision of work starting from demolition of building, through out the construction work, till OC.
Ensuring work quality, Scrutiny of construction material test results Slab checking.
Coordination with Society & the Developer.
Raising red flag in case the work progress is slow, delay in obtaining approvals, substandard and use of non approved materials.

In a DM module, a Development Manager, has an important role to play. A Development Manager has a more strategic team that envisages the entire project from maximizing the success rate perspective while mitigating the risks. While the basic responsibilities of PMC are included in the scope of a Development Manager, there are further skills that a DM brings to the table.
Success of a Self Redevelopment project is not just determined by getting an OC for the project, but when the entire sale is achieved and the project makes the envisaged profit.
A DM looks at the entire project from a holistic viewpoint and strategizes different ways to ensure the project cash flows are managed tightly through objective decisions making the project progress smoothly.
The core advantage that a DM has is, business acumen, and that is the trait critical for making any project successful.

“Self Redevelopment” of a Society is a relatively new concept which is becoming very popular in recent time.
As the terminology imply ‘Self Redevelopment’ is redevelopment undertaken by Society on its own, using its own resources, manpower, efforts and with a help of a technically competent team backing up.
The concept is slowly gaining recognition & momentum in view of tremendous potential it has got in Mumbai & areas in the vicinity are concerned.
Self Redevelopment means complete elimination of “Builder or a Developer” from any of the Development activities.
By opting for Self Redevelopment, societies can avail financial loans for the development by appointing PMC consultants and contractors to carry out work as per Society / its member’s their requirements.