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Vinod P (IT)     08 March 2014

Chs redevelopment compensation

Hello Experts,

My society is going for redevelopment and there is PMC appointed as well Managing Committee in place.  The PMC suggests 30% for commercial and 60% additional area for the residential. Where as corpus remains the same for Both.

Why should there be a discrimination between Commercial and Residential benefits. Is there any law which states the above ratio between the two.

Can commercial shop owners who are minority oppose the redevelopment



Learning

 2 Replies

Advocate Rohit (Advocate)     08 March 2014

Dear Mr. Vinod,

 

You haven't mentioned what type of property is yours.

 

Is it a tenanted property or an ownership flat.

 

Kindly provide proper details so to enable in providing proper guidance.

 

Regards

Advocate Rohit Dalmia

9324538481

Mumbai

Vinod P (IT)     09 March 2014

Thanks for your response sir,

I own a commercial shop in the above said co-op Hsg Society


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