Think Redevelopment, Think
Shrydus Realty.
At SHRYDUS we are committed to transforming ageing properties into modern, vibrant spaces that uplift communities. Our redevelopment projects blend innovation with thoughtful design, ensuring that every building we renew brings lasting value to its residents. With a focus on sustainability and smart infrastructure, we strive to create homes that stand the test of time while enriching the lives of those who live within them.
What Is Redevelopment?
Redevelopment offers a powerful solution for housing societies in Mumbai where old buildings are either dilapidated, uninhabitable or lack modern amenities. It is a process of demolishing existing structures and reconstructing buildings into modern, functional spaces. Redevelopment of societies accelerates and empowers them with more space, better amenities, and an improved quality of life.
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Why Choose Shrydus For Redevelopment?
Partnering with a reputable developer like Shrydus unlocks a range of benefits for societies

On-time Delivery
prioritizes timely delivery, consistently completing every project ahead of schedule. This commitment to punctuality fosters trust and reliability with our clients.

Financial Stability
prioritizes financial stability, demonstrated by strong credit ratings, robust balance sheets, and certified solvency.

Exceptional Quality
Our dedication to constructing premium quality homes sets us apart. We use only the finest materials and fittings in all our constructions. This ensures durability, aesthetic appeal, and client satisfaction.

Personal Touch
We design apartments tailored to your individual needs, offering the flexibility to adjust the size and layout based on your input.
FAQ
What are the documents needed for the redevelopment vetting process?
Property conveyance document
Property Card
7-12 Extract
List of members with existing flat numbers and existing carpet area
Existing IOD with Plan
Existing Occupation Certificate with associated plans
Latest CTS Plan
Latest DP Remarks
AutoCAD of Physical Survey
Any Litigation if any in respect of society/Land/third party rights etc.
Which building can go into redevelopment?
If a building has an appropriate balance of floor space index (FSI) and has the potential to consume FSI in the proposed redevelopment on the existing plot according to the current Development Control and Promotion Regulations (DCPR) of 2034, then that building may opt for redevelopment. However, this is subject to the agreement of both the housing society and the owner.
How to choose the right developer?
Financial Stability
Verify the developer’s financial health through:
Credit ratings
Last 3 years Balance Sheet
Solvency Certificate from National Bank
Network & Turnover Certificate
Past Performance
To evaluate the Developer’s Portfolio check:
Years of experience in the industry
Strength of staff
Expertise in handling redevelopment projects
The volume of work done to date
On-time delivery and quality of previous projects
Delivery Timeline
The Developer should have an on-time delivery track record. Also, check the copy of the project’s IOD, CC, and OC certificates.
Quality you Deserve
The Developer provides a consistent product quality, be it for the existing members or prospective buyers.
How is redevelopment beneficial to the homeowner in Mumbai?
A homeowner can benefit from the redevelopment of a project in several ways, including:
Additional area above the existing carpet area
Hardship compensation
Rent Refund
Brokerage charges, relocation charges, etc.
Increased Value of the property with latest and upgraded amenities
Dedicated parking space
What are the precautions a housing society must take to safeguard the project?
It is important to choose the right developer for the redevelopment project instead of solely going for the highest offer submitted. All the necessary details should be scrutinized thoroughly.
Development Agreements and plans should be finalized in consultation with the society’s appointed consultants.
Transparency is crucial during the redevelopment process and should be given utmost importance.
Any illegal activities are strictly prohibited during the process of redevelopment.