THE PACIFIC
OUR EXPERTISE

Real Estate Development Process

Residential, Housing, Commercial, Social, Infrastructure, Hospitality

01

Introduction & Orientation

Preliminary Discussions
02

Project Presentation & Site Visit

Display of the proposal
03

Customer Tie-Up

Documentation, contract & other paperwork
04

Agreements & Payment Transactions (Own Contribution, Home Loans,etc.)

Payment of the pre-defined unit installments with gazette-authorized registration
05

Handover & Possession

Handover of the ultimate finished unit to the client

RERA Registration of Project

01

Initial Development Process

Documentation, contract & other paperwork as per type of Development
02

Statutory Approval

Authorisation by Municipal Corporation or any other governing authorities
03

RERA Registration of Project

Registration of the project details on the RERA website
04

Sale of Units

Units sold via Direct Sale or Registered Agent
05

Building Completion & Occupancy Certificate

Final Sanction of the completed premises by governing authority
06

Handover & Possession

Handover of the ultimate finished unit/premises to the respective client/ society

Redevelopment Process

01

Publishing of Tender

Public Notification for Invitation of Proposals for Redevelopment
02

Nomination of Developer

Selection of the developer as per set criteria and memorandum of understanding
03

Development Agreement + Power of Attorney

Registered agreement between the society/owners & the developer
04

Statutory Approval

Authorisation by Municipal Corporation or any other governing authorities
05

Vacant Possession & Demolition of Existing Structures

Shifting of Existing Members & Demolishing of structure
06

New Construction

Development of the Proposed Building
07

Allotment, Completion & OC

Allotment of the units to respective owners along with authorised completion of the proposal
08

Handover & Possession

Handover of the ultimate finished unit/premises to the respective client/ society