JCT Associates Pvt. Ltd.

A Transparent, Informed & Risk-Aware Redevelopment Decision

Selecting the right developer is the most critical step in a society redevelopment project. The long-term success of redevelopment depends not only on attractive offers, but also on the developer’s financial strength, technical capability, past performance, and commitment to compliance.

Our Selection of Appropriate Developer Service supports societies through a structured, transparent, and well-documented selection process, ensuring informed decision-making and protection of member interests.

Purpose of Developer Selection Process

• To identify a financially stable and credible developer

• To ensure fair comparison of redevelopment proposals

• To minimise risks of delay, disputes, or project failure

• To obtain informed and collective approval from members

Scope of Our Services

1. Evaluation of Developer Offers

We analyse all received proposals based on:

• Carpet area entitlement and benefits to members

• Corpus fund, rent compensation, and timelines

• Amenities, specifications, and commitments
  
  

2. Comparative Analysis & Shortlisting

We prepare structured comparative charts covering:

• Commercial and technical parameters

• Legal safeguards and conditions

• Strengths and limitations of each offer
  
  

This ensures unbiased and transparent comparison.

3. Financial & Track Record Due Diligence

We assist with:

• Review of developer’s financial standing

• Assessment of completed and ongoing projects

• RERA compliance and market credibility checks
  
  

4. Risk Assessment & Safeguard Review

We help identify:

• Potential risks in developer proposals

• Adequacy of bank guarantees and protections

• Key clauses requiring safeguards in agreements
  
  

5. General Body Presentation & Support

We assist in:

• Explaining evaluation results to members

• Addressing member questions and concerns

• Supporting informed voting and approvals
  
  

6. Documentation & Resolution Support

We ensure:

• Proper recording of the selection process

• Clear resolutions in General Body Meetings

• Compliance-ready documentation for future reference

• Benefits of Professional Developer Selection

• Transparent and defensible decision-making

• Reduced redevelopment risks

• Strong protection of member interests

• Better project execution confidence

• Clear documentation and compliance

Our Assurance

We ensure that the developer selection process is objective, transparent, and fully documented, enabling societies to confidently appoint the most suitable developer for successful redevelopment.