For four decades, Parulekar has helped Pune's families build homes. Today, we help families rebuild them — restoring legacy buildings into thoughtfully designed, modern residences.
Your address shouldn't have to change for your home to grow.
Redevelopment transforms aging residential buildings into modern, structurally sound, well-designed homes — without the original residents losing their address, their neighbourhood, or their place in the community.
For housing societies whose buildings have weathered three or four decades, redevelopment is often the most thoughtful path forward — offering improved safety, modern amenities, larger carpet areas, and increased property value, all while preserving what makes that place home.
Beyond a new building, redevelopment offers something rare: the chance to keep your community while upgrading every part of your daily life.
Keep the neighbours, the lanes, the school down the road — gain a brand-new home with modern layouts, fresh finishes, and contemporary amenities.
Old buildings often pre-date modern seismic codes. Parulekar redevelopments are built with current RCC standards, anti-termite treatment and structural assurance for generations.
Most redevelopments offer existing residents a meaningful increase in carpet area, smarter floor plans, and modern conveniences without changing the address.
Lifts, covered parking, power backup, gymnasium, landscaped gardens, security infrastructure — all integrated into a new community without additional cost to existing residents.
Redeveloped properties typically appreciate meaningfully in market value within the first few years — a long-term gain for every original resident-owner.
From feasibility to handover, Parulekar handles every approval, every interim arrangement, every detail — at our cost. Residents return to a finished, ready-to-live home.
Our redevelopment journey is a transparent, stage-wise process — designed so every resident knows exactly where things stand at every moment.
An open conversation with your society's managing committee. We listen, walk the property, understand the building's history, the residents' concerns, and the aspirations for renewal — at no cost or commitment.
No-obligation first meetingOur architects and structural team conduct a complete site assessment, prepare layout options, and present a transparent proposal — including new carpet areas, amenities, timeline, and corpus offerings.
Detailed written proposalOpen Q&A sessions with all residents. Our legal and technical teams answer every question. The Development Agreement is finalised only when residents are confident, comfortable, and in agreement.
Resident-led decision makingParulekar handles all regulatory work — PMC building plan approvals, MahaRERA registration, environmental clearances, and society-side documentation. Residents receive regular updates throughout.
All approvals at our costBefore construction begins, every resident family is supported with monthly rent for alternative accommodation, plus a moving allowance and brokerage assistance — all funded by Parulekar.
Rent + brokerage coveredRCC frame, earthquake-resistant design, premium specifications. Regular site walkthroughs invited for residents. Real-time progress updates via WhatsApp groups and quarterly society reports.
Transparent monthly updatesEach home is delivered with a complete handover kit — keys, fittings inventory, warranty cards, and a welcome ceremony. Defect liability period of one year, with our team available throughout.
1-year defect liabilityRedevelopment with Parulekar is structured so every original member gains — in space, in safety, in value, and in everyday comfort.
A meaningfully larger residence than your existing flat — modern layouts that use every square foot well, at no additional cost to you.
A one-time corpus to every member, defined transparently in the Development Agreement before a single brick is touched.
Monthly rent for alternative accommodation, plus brokerage and shifting allowance — funded by Parulekar through the entire build.
Earthquake-resistant RCC, premium specifications, lifts, organised parking and modern security — engineered to last generations.
Landscaped spaces, fitness, community and leisure areas — the additions most older buildings were never designed to offer.
A new, MahaRERA-registered address that appreciates meaningfully — a lasting gain for every original resident-owner.
A short, honest assessment is the best place to begin. If a few of these sound familiar, your building may be an ideal candidate — and we'd be glad to walk you through what's possible, with no obligation.
Request an Assessment →The questions Pune societies ask us most often — answered plainly.
No. Redevelopment rebuilds on your existing plot — you return to the very same address, in a larger, modern, safer home. Your locality, neighbours and community stay intact.
Parulekar does. Every member receives monthly rent for alternative accommodation, along with brokerage and moving allowances, for the full construction period — at our cost.
Typically 24–36 months from agreement to handover, depending on the building's size and the approvals involved. We share a realistic, transparent timeline up front and keep you updated throughout.
Yes. Every Parulekar redevelopment is MahaRERA registered and PMC approved. All regulatory documentation — building approvals, registrations, clearances — is handled by our team.
We proceed only once the society reaches the required consent threshold. Our legal and technical teams support open, transparent discussions so every member can decide with confidence.
Whether your society is exploring redevelopment for the first time or comparing partners, we'd love to start a conversation. No commitment, no pressure — just a thoughtful, honest discussion about possibilities.
Schedule a Consultation →