“Redevelopment” refers to the process of reconstruction of the premises by demolition of the
existing structure and development of a new structure.
Typically perceived as the physical placement and regulation of land uses and structures,
redevelopment is necessary as every building has its own in-built shelf-life, after which
the building becomes unsafe to live in. Structural audit is recommended by consultants for safety
and protection of citizens after 30 years of the Building or Old Wada. It is hence not just construction
of buildings but ensuring that residents of a community are empowered to improve their quality of
life and environment as a result of sound Planning practices by the Developers. Therefore, the
Developers and Owners need to agree upon mutually acceptable terms and can make it a successful
collaboration.
There are many Old Dilapidated Wadas & Buildings in the City Limits which benefit through this
decision of Redevelopment. “Buttepatil Properties” has successfully redeveloped many such Wadas
in the Renowned Peth areas of Pune City, turning into beautiful Residential Homes
therefore creating a successful brand in this sector.
Today most the societies are opting to go for Redevelopment rather than repair activities because of
the following benefits:
Why is redevelopment beneficial?
A brand new home at the same place, with Additional Carpet Area.
Modern facilities like new Water System, Drainage System, Concealed Plumbing.
Amenities like Automatic Elevators , Fire Safety system & Electrical Backup System .
Higher Property Valuation after Redevelopment.
Efficient and Designed Plan with an Attractive Elevation
Shifting and Rental Assistance during the Construction Period.
Corpus Funds & Betterment
Structural Advancements to strengthen the building
Premium Amenities & Better Security along with Lifestyle Upgradation.
With all the above benefits, Redevelopment has therefore become a fast-growing sector.
as people realize the need to upgrade their homes and lifestyles. As times change
and lifestyles evolve, people desire homes that live up to these standards of protection and design
which “Buttepatil Properties” has been fulfilling all these years by taking care of people’s cherished
emotions attached to their homes, inherited by them across generations.
