Redevelopment is defined as any new construction on a site that has a pre-existing structure. It helps upgrade the lifestyle of people currently living in the structure and also creates space for new people. Today many societies in Mumbai are in need of extensive repairs; however they find it difficult to arrange the funds required to carry out the same. Also, expansion in the size of families has created a need for larger spaces. Old societies have certain critical drawbacks which include lack of security, non availability of play areas for children, leakage problem, lack of attached toilets in the rooms, absence of parking lots and many more. Historically, redevelopment has been a very positive approach that has transformed many cities worldwide: few examples being that of Shanghai, Hong Kong, and Singapore.
Presently, the city of Mumbai is trying to convert its dilapidated structures to multi-storied complexes comprising of modern facilities. We at Shreedham Group would like to play an important role at this point in transforming the skyline of Mumbai by creating ‘Destination Developers’ just like we did in the case of Goregaon, Mira Road, Jogeshwari. You would have already gone through some of our completed projects and we look forward to transforming your society as part of our future marquee development.
What is Re-Development? As the term implies, “Re-Development means demolishing the Old Structure and replacing it with a new structure with new dimensions and space”. The prime advantage of such a transformation is evident – the usual difference between the old and the new. Assuming that the quality of material used in Re – Development is of good standard, the society can be assured that it need not bother for any major repairs or maintenance for the next 15-28 years.
