Startup Mantra: Changing the face of redevelopment
India, Sept. 5 -- For housing society members, redevelopment is a once-in-a-lifetime undertaking. For developers, architects, lawyers and consultants, it is everyday business. This imbalance can leave residents uncertain about a developer's credentials, their property's title history, rent, parking and the fine print of agreements.
Pune-based DreamsRedeveloped aims to close this information gap. Founded in 2020 by Lakshminaarayanan Selvaraj guides housing societies through redevelopment and is now sharing its knowledge with a wider audience through Redevelopment Guru, a WhatsApp assistant.
"Redevelopment in India runs on an information gap - a housing society goes through it once, while a developer does it every day," says Lakshminaaray...
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