The statistics say it all. Over 60% of Mumbai is in dire need of face-lifting. The figures are in tens of thousands with most residential buildings built before 1980s, some even prior to the 60s.
As such real estate redevelopment has been an impending concern with the most of Mumbai. Innumerable old buildings across the city are in a dilapidated state, with their structural strength weakening at an alarming pace. A majority of the families living in these older structures wish to live in a better, modern living space, in sync with contemporary lifestyle!
Redevelopment is the much needed solution. The following are the benefits of Redevelopment for the Existing Residents of Old Buildings:
A new building has a stronger structural strength that provides families with a safe & protected habitat.
A new building guarantees no major repairs for decades & hence reduces repair – related costs drastically.
UPDATED WITH MODERN SCIENCE & SAFETY NORMS
A new building is constructed using modern techniques and by strictly adhering to the latest BMC norms. It is therefore up to date with modern technology besides having all the safety requirements in place.
The new building provides bigger flats to live in, in the form for additional room or larger room size, which makes for quality living spaces.
APPRECIATED MARKET VALUE
The value of the flats in a new building, with a strong structure, with better lifestyle options & equipped with modern amenities, is substantially appreciated.
OPPORTUNITY TO BECOME OWNER OF THEIR FLATS
For tenants living in Pagdi flats, Redevelopment provides a huge opportunity to finally own a flat in this City of Dreams.
The Akshay Group is famously known to have realized many such impending dreams, across Mumbai, through this tool of Redevelopment.