What is Society Self Development?
Society Self Development is a redevelopment model where the society undertakes its own redevelopment project instead of appointing an external builder. Max Build JV acts as the technical, legal, financial, and execution partner, ensuring that the society retains full ownership, profit, and decision-making power throughout the project lifecycle.
Builder Redevelopment Vs Self Development
Builder Redevelopment Society Self Development Limited carpet benefit Maximum carpet benefit Builder controls profit Society controls surplus Fixed specifications Society chooses quality & design Hidden margins possible 100% transparent costing Lower financial control Full financial authority to society
Key Benefits of Self Development
1. Maximum Carpet Area Benefit
Society members receive significantly higher carpet area compared to builder-led redevelopment.
Example:
- Plot Area: 10,000 sq.ft
- Builder Offer: ~2,500 sq.ft benefit
- Self Development Benefit: ~3,300 sq.ft
2. Better Construction Quality
Since the society directly controls specifications and vendors, superior materials, finishes, fittings, and structural standards are maintained without compromise.
3. Higher FSI Utilization
Under DCPR & UDCPR regulations, societies can avail FSI up to 3.5–4.0 based on road width and plot size—unlocking higher built-up potential and more saleable area.
4. Direct Financial Surplus to Society
Unlike builders who retain profits, 100% project surplus is credited directly to the society’s account in self development.
5. Complete Control & Transparency
Society controls:
- Design
- Contractor selection
- Budget
- Sales
- Quality checks
- Timelines
No profit sharing with external builders.
OUR ROLE IN SELF DEVELOPMENT
We handle the complete project lifecycle so that the society remains stress-free:
1. Planning & Design – Preparation of DPR (Detailed Project Report), design approvals, and project structuring.
2. Government Compliance – Liaisoning, legal documentation, approvals, GST compliance, and statutory clearances.
3. Finance Management – Project costing, arranging institutional finance, handling society documents, and ensuring smooth cash flow.
4. Construction Execution – High-quality RCC work, interiors, lifts, fire safety, water, and electrical work.
5. Handover – Completed flats with OC (Occupation Certificate) and keys handed over to members.