A transparent path from an ageing society in Kothrud to homes worth more than you began with — handled with care, in writing.
For an ageing co-operative housing society in Kothrud, redevelopment is the chance to replace a tired building with a modern, safer, larger home — at the same address, usually at no construction cost to existing members.
Across West Pune, hundreds of societies built in the 1970s, 80s and 90s now face rising repair costs, dated amenities and structures that no longer meet modern seismic and service standards. Redevelopment lets members unlock the latent value of their land through additional FSI and TDR permitted under Pune's Development Control & Promotion Regulations (DCPR 2017).
In practice, a developer like Rui Universal funds the entire project. In return for development rights, existing members typically receive additional carpet area, a corpus fund, monthly rent during construction, and a brand-new home built to last the next fifty years — without leaving the neighbourhood they know.
Clear corpus, rent and area terms documented up front in the development agreement — no surprises mid-way through the project.
Efficient planning that maximises usable RERA carpet area for every existing member, often well beyond the original flat.
Rated green-building practices that cut long-term maintenance, water and electricity costs for the new society.
Lifts, covered parking, security, power backup and landscaped commons that older Kothrud buildings simply cannot offer.
Stay rooted in the Kothrud or West Pune neighbourhood you love — in a building engineered for the next five decades.
Temporary accommodation, shifting, rent and committed timelines handled professionally, in writing, from day one.
Indicative components of a typical Rui Universal redevelopment offer. Final terms are project-specific and documented in the development agreement.
| Component | What it means for members |
|---|---|
| Additional carpet area | A larger home than the existing flat, measured in transparent RERA carpet-area terms. |
| Corpus fund | A lump-sum amount paid to each member as compensation and a future maintenance cushion. |
| Rent during construction | Monthly rent paid by the developer so members can live comfortably nearby while the new building comes up. |
| Shifting & brokerage | Support towards relocation, shifting and brokerage for temporary accommodation. |
| Hardship / displacement | Compensation acknowledging the inconvenience of moving out during the construction period. |
| Modern home & amenities | A new flat with lift, parking, security, backup and landscaped commons — built to current standards. |
| Clear legal title | Registered agreements, MahaRERA registration and a clean conveyance on completion. |
We meet your managing committee, understand the society, study the plot and share comparable redevelopment work we have delivered across Kothrud and West Pune.
No obligationA transparent feasibility study assessing FSI, TDR and DCPR potential, followed by a clear written offer covering carpet area, corpus, rent and timelines.
FSI · TDR · DCPR 2017Members evaluate the offer and pass the required resolutions in a Special General Body Meeting, in line with the Maharashtra Co-operative Societies Act and Section 79A guidelines.
SGBM resolutionA registered development agreement and individual Permanent Alternate Accommodation Agreements (PAAA) lock every commitment — area, corpus, rent and schedule — in writing.
Registered & bindingWe obtain statutory sanctions from the PMC and register the project under MahaRERA before construction — so members and buyers are protected by law.
PMC · MahaRERAMembers move to arranged temporary accommodation with committed rent; we build under quality control with regular progress updates to the committee.
Committed timelineHandover of your new home, the occupancy certificate, and conveyance of the new building to the society — set up to age gracefully for decades.
OC & conveyanceModern redevelopment in Maharashtra is tightly regulated for the benefit of existing members. The development agreement and PAAA are registered documents; the project is registered under MahaRERA; and statutory approvals are obtained from the Pune Municipal Corporation before work begins.
On completion, members receive the occupancy certificate and a clean conveyance of the new building to the society — closing the loop with clear, marketable title.
Every number we discuss — carpet area, corpus, rent and timeline — is put in writing before a single brick moves. Fifteen years of trust across Pune rest on exactly that discipline.
The developer funds the entire redevelopment. Existing members typically receive additional carpet area, a corpus fund and rent during construction — all documented in the registered development agreement.
It depends on the plot's FSI and eligible TDR under DCPR 2017, the building's frontage and the feasibility study. We share an indicative figure in our written offer and confirm it in the agreement.
Suitable temporary accommodation is arranged in or near the same locality, with rent paid by the developer for the agreed construction period.
Yes. Eligible projects are registered under MahaRERA before construction; registration details are shared with members and available on request.
Society resolutions under the Co-operative Societies Act, a registered development agreement and PAAA, statutory sanctions from the Pune Municipal Corporation, and MahaRERA registration.
Timelines vary with project size and approvals, but every project carries a committed construction schedule written into the agreement, with progress updates to the committee.
On completion, members receive the occupancy certificate and a clean conveyance of the new building to the society — ensuring clear, marketable title.
Start with a no-obligation conversation. We will study your plot, share comparable work and prepare a transparent feasibility assessment for your committee.
Whether you are looking for a home in Kothrud or your society is considering redevelopment in West Pune, our team responds personally — usually within one working day.
