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How much percent of consent is required for redevelopment?- Property News
Posted
July 27, 2016
Views
513
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July 27, 2016
513
5
1
1.17%
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Expert: Uday Wavikar, Vice President, Consumer Court Bar Association - Maharashtra and Goa.
Question: How much % consent is required before the Deputy Registrar approves redevelopment? How much % consent is required before society can sign the DA with Developer?
Answer: Minimum 75% of the member's consent is required for approval of redevelopment before the Deputy Registrar. The society has to give notice of the meeting to all the members of the society. A minimum ¾ member should remain present and out of present member [quorum], ¾ members should give consent for development of the property.
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