JCT Associates Pvt. Ltd.

Additional Area Purchase / Relocation Rate Through Tender

Transparent Rate Discovery for Extra Area & Floor Relocation Options

In redevelopment projects, some existing members may wish to purchase additional carpet area or relocate their rehabilitation premises to upper floors within the saleable component (subject to feasibility). To ensure fairness and transparency, such options must be properly structured and competitively priced through the tender process.

We seek and structure rates for additional area purchase and/or relocation options through the tender process, ensuring transparency, competitiveness, and protection of member interests.

Objective

• To obtain transparent and competitive rates

• To prevent arbitrary pricing post-selection

• To safeguard equal opportunity for members

• To ensure financial clarity before agreement finalisation

• To integrate optional benefits within project viability

Scope of Our Services

1. Additional Area Rate Discovery

We obtain through tender:

• Per square foot rate for additional carpet area

• Terms of payment for additional purchase

• GST and statutory tax implications

• Maximum permissible purchasable area limits

• Integration with project feasibility

2. Relocation to Upper Floors (If Applicable)

We seek clarity on:

• Availability of sale component floors for relocation

• Floor rise charges structure

• Premium applicability

• Allocation policy and priority criteria

• Regulatory compliance under approved plans

3. Financial & Viability Assessment

We evaluate:

• Impact on overall project profitability

• Fair market benchmarking

• Alignment with sale component pricing

• Effect on corpus and benefit commitments

4. Transparent Tender Incorporation

We ensure:

• Clear mention in tender conditions

• Mandatory disclosure of rates by bidders

• No post-selection price revision without approval

• Proper documentation in Development Agreement

5. Member Protection Framework

We assist in:

• Defining eligibility criteria

• Establishing fair allocation policy

• Preventing preferential treatment

• Ensuring written commitment in agreement

Benefits to the Society

Transparent and competitive pricing
Prevention of post-selection negotiation disputes
Equal opportunity for all members
Financial clarity before signing agreement
Enhanced member satisfaction

Our Assurance

We ensure that any additional area purchase or relocation option is structured transparently, competitively priced through the tender process, and properly documented, protecting the financial and collective interests of all Society members.