Who we serve · Housing societies
For housing societies: redevelopment, properly run
Your society will negotiate redevelopment once. Every developer across the table negotiates it continuously. Almost every poor redevelopment outcome in Mumbai traces back to that imbalance going unaddressed.
For housing societies, in brief
The Genesis advises housing societies independently through redevelopment: establishing the plot's development potential before any developer is approached, benchmarking entitlement, corpus and rent against comparable societies, running a transparent and documented developer selection, diligencing developer capacity, and reviewing the commercial terms of the development agreement alongside the society's solicitor. We are paid by the society, not by a developer.
What you arrive with
The problems we usually hear first.
Offers invited without knowing what the plot can support
Without an independent benchmark, the committee cannot tell a generous offer from a poor one.
Offers that cannot be compared
Different carpet definitions, corpus timings, rent terms and security — presented to look better than they are.
Fear of a developer who does not finish
Members have seen neighbouring buildings vacated for years with rent stopped and no possession in sight.
Dissent within the society
A process that some members feel excluded from, and that could be challenged later.
What we do about it
Four moves, in order.
Independent advice for committees: feasibility, benchmarking, selection, security and agreement review.
- 01
Feasibility first
Development potential, indicative entitlement and realistic corpus and rent ranges — before any developer is contacted.
- 02
A fair, documented selection
Uniform offer format, an evaluation matrix agreed in advance, recorded reasons — a process that can withstand challenge.
- 03
Diligence the developer's capacity
Balance sheet, current commitments, delivery record against committed dates and how previous society projects ended.
- 04
Secure the terms that protect members
Bank guarantee or escrow against delay, rent until possession is actually given, secured corpus, and a written specification schedule.
Commitments
What you can hold us to.
- Paid by the society — no developer success fee on a project where we advise the society
- Feasibility before offers, always
- Offers compared on seven terms, not only carpet area
- Findings reported plainly to the general body, not only the committee
Relevant capabilities
Where to go next.
Redevelopment Strategy
Independent advisory on redevelopment — entitlement, corpus, developer selection and consent — for societies and for developers.
A06Feasibility & Highest-Best-Use
Development potential, market-derived revenue, real cost base, cash flow and sensitivities — with the downside stated.
A03Development Advisory
Scheme optimisation against demand: mix, efficiency, entitlement, phasing and cost-value engineering — before the plans are frozen.
C05Transaction Management
Coordination of diligence, conditions, advisers and documentation so a signed deal actually completes.
Questions
Frequently asked.
Why does a society need a redevelopment adviser as well as a solicitor?
The solicitor ensures the agreement is enforceable and says what it means. An adviser ensures the terms are good — benchmarked against what the plot supports and what comparable societies secured. A perfectly drafted agreement on poor terms is still poor terms.
Who pays the redevelopment adviser?
The society. We are paid a fixed fee by stage by the society, and we do not accept a success fee from any developer on a project where we advise the society. An adviser paid by the developer the society selects is not independent.
Can you help if our society has already chosen a developer?
Yes, if the agreement is not yet signed. A commercial review of the draft agreement and a capacity check on the developer often identify provisions worth renegotiating — particularly security against delay and rent continuation — while the society still has leverage.
Other clients we serve
- DevelopersOne accountable partner for velocity and realisation, from positioning to registration.
- LandownersResidual valuation, route selection and negotiation for owners of land and legacy sites.
- Investors & fundsIndependent underwriting, exit liquidity analysis and filtered opportunity flow.
- Family officesPortfolio review, representation, settlement valuation and oversight — with absolute discretion.
- Channel partnersOne rate card, written ownership rules, live inventory and payouts on a published cycle.
- NRI buyersIndependent briefing, remote verification, and a transaction mapped before money moves.
- Corporate occupiersTenant-side representation, modelled on total occupancy cost and flexibility.
Housing societies
Before you invite offers, know what your plot is worth.
A feasibility assessment gives your committee the benchmark every developer already has.