Expertise

Real Estate & Construction
Redevelopment Law
Automobile & Vehicles
Pharmaceuticals & Healthcare
Information Technology (IT) & Telecommunications
Retail & E-commerce
Renewable & Non-renewable Energy
Manufacturing & Consumer Goods
Education & Research
Non-Profit & Social Organizations
Media
& Entertainment
Banking & Finance
Energy
& Natural Resources
Transportation & Logistics
Hospitality & Tourism
Agriculture & Food Processing
Real Estate & Construction
Redevelopment Law
Automobile & Vehicles
Pharmaceuticals & Healthcare
Information Technology (IT) & Telecommunications
Retail & E-commerce
Renewable & Non-renewable Energy
Manufacturing & Consumer Goods
Education & Research
Non-Profit & Social Organizations
Media
& Entertainment
Banking & Finance
Energy
& Natural Resources
Transportation & Logistics
Hospitality & Tourism
Agriculture & Food Processing
Redevelopment Law

Urban agglomerations across India are seeing increasing vertical expansion owing to the desire of residents to utilize the newly-available increased F.S.I. / F.A.R. developmental potential over their existing developments. After Government Resolution bearing no. S.G.Y. 2018/Case No. 85/14-S was issued on 04 July 2019, the redevelopment process has acquired a streamlined and holistic legal framework. Sherkar & Co. is proud to have been one of the earliest firms to enter the redevelopment advisory space. We have successfully advised major Real Estate firms as well as Co-operative Societies / Associations in the redevelopment process and have been one of the few firms to have seen early redevelopment projects near completion. Our work has been recognized by industry leaders in this sector. We have been able to seamlessly integrate the requirements of all important stakeholders in the redevelopment process owing to our offerings that includes:

  • Advising stakeholders on the initiation and designing of the redevelopment process in compliance with the respective co-operative and developmental legislations.
  • Assisting in preparation of the Tender Document, Invitation of Bids, Process Note, Escrow Agreements, Public Notices and Co-operative Society Resolutions, Minutes etc.
  • Drafting and review of the statutory Memorandums of Understand, Redevelopment Agreement and Power of Attorney between the Developer and Co-operative Societies.
  • Drafting and review of Permanent Alternate Accommodation Agreement (PAAA) between the Developer and the members of the Co-operative Society.
  • Drafting and review of instruments including Indemnity Bond, Letter of Possession, Guarantee of Performances, Supplemental Agreements and Affidavits.
  • Preparation and review of the statutory Deed of Conveyance, including any revisions, modifications and supplementary covenants post- redevelopment.
  • Statutory compliances with the Land Records and Municipal departments in lieu of the redevelopment process.
  • Preparation of the final RERA / Sale Agreements with existing members as well new purchasers.
Real Estate & Construction
Redevelopment Law
Automobile & Vehicles
Pharmaceuticals & Healthcare
Information Technology (IT) & Telecommunications
Retail & E-commerce
Renewable & Non-renewable Energy
Manufacturing & Consumer Goods
Education & Research
Non-Profit & Social Organizations
Media
& Entertainment
Banking & Finance
Energy
& Natural Resources
Transportation & Logistics
Hospitality & Tourism
Agriculture & Food Processing
Real Estate & Construction
Redevelopment Law
Automobile & Vehicles
Pharmaceuticals & Healthcare
Information Technology (IT) & Telecommunications
Retail & E-commerce
Renewable & Non-renewable Energy
Manufacturing & Consumer Goods
Education & Research
Non-Profit & Social Organizations
Media
& Entertainment
Banking & Finance
Energy
& Natural Resources
Transportation & Logistics
Hospitality & Tourism
Agriculture & Food Processing

Other Expertise Areas

Real Estate Law

Know more

Litigation & Dispute Resolution

Know more

Corporate & Commercial Law

Know more

Deep Tech Laws

Know more

Green Energy Technologies & Sustainability Law

Know more

International and Regional Sanctions Law

Know more

Outsourcing Law

Know more

Family Estate Planning & Private Trusts

Know more

Industrial Manufacturing and Regulatory Law

Know more

Redevelopment Law

Know more

Contact Us

Submit
Thank you! Your submission has been received!
Oops! Something went wrong while submitting the form.
Flat no. 3, Ground Floor, ‘Navyug’, 15/A, Dr. Ambedkar Road (Wellesley Road), adjoining Bavaria Motors, near Lal Deval, Pune, Maharashtra, India 411001.