Overview

Neptune Co-Operative Housing Society, Kalyaninagar, Pune situated at S.No. 213+214+215/2 Final Plot No. 18, Kalyani Nagar, Pune decided to undergo a Re-Development project for their 35-year-old society. We are honoured to have the invaluable guidance & support of Shri Suhas Patwardhan ,President of Co-Operative Housing Societies Maharashtra State for this project. Shri Vikas Achalkar, Principal architect A&T Designs along with Advocate Mrudula Chitale have been chosen by the society. Their expertise & insights will be instrumental in helping us navigate the complex stages of planning, legal matters & decision making.The decision to undertake redevelopment was taken in the Special General Meeting called on 20/03/2022.

As the resolution was passed in the meeting , below is the redevelopment committee chosen.

  1. Mrs. Vidya Thorve - Chairperson
  2. Mrs. Sayeeda Khan - Secretary
  3. Mr. Ashok Shelar - Treasurer
  4. Wg. Cdr. R.K Ovalekar - Member
  5. Ms. Snigdha Samuel - Member
  6. Mr. Suryakant Kurhade - Member
  7. Mr. Nitin Toshniwal - Member
  8. Mrs. Sandhya Baretto - Member
  9. Adv. Anil Lumbgol - Member
  10. Mr. Amirali Charanya - Member
  11. Adv Charushila Sawant - Member
  12. Mr. Deepak Borkhade - Member
  13. Mrs. Pratima Kadam - Member
  14. Mr. Ketan Parikh - Member
  15. Mr. Dilawar Soratia - Member

Society's Key Points

  • Plot Area: 4877.37 sq mt/ 52500 sq. ft (per previous sanction drawing less other Area constructed)
  • Utilized area - 5970.99 sq mt/ 64271.25 sq. ft (per previous sanction drawing)
  • Adjoining Roads : 9 mtr approach road as per DP classification
  • No. of Units : 78 Flats (1&2 BHK)
  • Built Type : Stilt+3 storyed building
  • Date of completion :  27 Jul 1989

Key Distances

  • Pune Airport -----------------------15 Mins.
  • Pune Station -----------------------15 Mins.
  • Phoenix Market City -------------10 Mins.
  • Sahyadri Hospital ----------------10 Mins.
  • Symbiosis College ---------------10 Mins.

SOCIETY

Latest News

Timeline of Events: Neptune Co-Operative Housing Society Re-Development

20/03/2022

    • A Special General Meeting (SGM) was held to discuss the viability and prospects of re-development for the society.
    • Written consent was obtained from the members.

View Notice


11/02/2023

  • Invited Shri Suhas Patwardhan, Chairman of Pune District Federation for Re-development of Co-Operative Housing Societies, to the SGM.
  • He briefed members on the re-development process as per government rules and provided necessary guidelines.

View Notice


08/03/2023

  • Another SGM was conducted in attendance with Shri Suhas Patwardhan.
  • He guided members regarding the various documents and legal procedures required for the re-development of the society.

18/05/2023

  • SGM was held to appoint an Architect, Advocate, and Consultant, and to finalize their remunerations for transparent and smooth re-development.
  • It was also decided to form a Re-development Core Committee to assist in the process.

View Notice


25/06/2023

  • From a panel of 5 members provided by the Federation, the following specialists were appointed for the society’s re-development project:
    1. Principal Architect: Shri Vikas Achalkar from A&T Designs, Pune.
    2. Advocate: Ms. Mrudula Chitale.

View Notice


12/08/2023

  • Advocate Ms. Mrudula Chitale and her team began scrutinizing the legal titles of all flat owners and initiated necessary actions.

View Notice 1  View Notice 2


27/10/2023

  • The feasibility report for the society was submitted by Principal Architect Shri Vikas Achalkar.

View Notice


30/05/2024, 01/08/2024, 14/08/2024, 02/09/2024

  • Received, reviewed, and finalized the draft tender prepared by A&T Designs for the re-development of the society.

View Notice 1  View Notice 2  View Notice 3  View Notice 4  View Notice 5  View Notice 6  View Notice 7


04/09/2024

  • Advertisement placed in two popular newspapers, Times of India and Maharashtra Times, inviting bids for the society's re-development.

View Ad (TOI)  View Ad (Maharashtra Times)


10/10/2024

  • In response to the advertisement, 12 developers collected tender forms.
  • Out of these, 4 developers expressed interest and submitted proposals as per the dates provided.
  • The proposals were opened on 10th October 2024 at the society premises in the presence of:
    • Shri Suhas Patwardhan, President of Co-operative Housing Societies, Maharashtra State.
    • Architect Irfan from A&T Designs.
    • Committee members.

View Notice


10/11/2024

  • A Special General Meeting was held for presentations from the 4 shortlisted developers.
  • Members voted for their choice of developer in the presence of:
    1. DDR from the Government Co-operative Office, Pune.
    2. Shri Suhas Patwardhan, President of Co-operative Housing Societies, Maharashtra State.
    3. Principal Architect Shri Vikas Achalkar from A&T Designs.
    4. Advocate Ms. Mrudula Chitale.
    5. The Management Committee, Core Committee, and esteemed members of Neptune Society.

Results of the Vote

  • SK Fortunes, Pune, won the bid for re-development with a majority of 60 out of 62 votes cast by society members.

View Builder Analyis

View Developers Presentation/Finalization Gallery


18/11/2024

  • The Letter of Intent (LOI) was issued to the selected developer, SK Fortunes, Pune.
  • Acceptance of the LOI from S K Fortune, our selected developer

View Notice 1  View Notice 2  View Notice 3  View Notice 4  View Notice 5  View Notice 6


30/12/2024

  • Circular for Final Discussion & finalization regarding the MOU (Memorandum of understanding)

View Notice


3/2/2025

  • Reference to the SAGM for discussing & finalizing the MOU dated 18th January 2025. The MOU was signed & notarized on the 3rd February 2025 at the Society’s Office.

View MOU

Benefits of Redeveloping a Housing Society

Redeveloping a housing society addresses both structural and social needs, offering numerous benefits to residents and the community. Below are key reasons to consider redevelopment:


1. Improved Infrastructure and Amenities

  • Modernization: Upgrades old infrastructure such as plumbing, electrical systems, and elevators to meet current standards.
  • Better Amenities: Offers enhanced amenities like gyms, landscaped gardens, parking facilities, and recreational areas to improve the quality of life.

2. Increased Property Value

  • Higher Market Value: Modernized buildings with improved amenities increase the overall property value.
  • Return on Investment: Owners benefit from higher resale values and rental yields after redevelopment.

3. Better Safety Standards

  • Structural Safety: Ensures adherence to contemporary safety codes, reducing risks of accidents such as collapses or fire hazards.
  • Seismic Upgrades: Incorporates engineering practices to enhance resilience against natural disasters like earthquakes and floods.

4. Addressing Space Constraints

  • Increased Space: Taller structures create additional living spaces, accommodating urban population growth.
  • Better Land Utilization: Redevelopment offers improved layouts and designs, maximizing land use effectively.

5. Compliance with Legal and Environmental Standards

  • Updated Regulations: Ensures compliance with zoning laws, environmental standards, and sustainable practices.
  • Green Building Certification: Adds sustainable features like energy-efficient designs, solar panels, rainwater harvesting, and waste management systems.

6. Addressing Maintenance Issues

  • Reduced Maintenance Costs: Modern materials and construction reduce long-term maintenance expenses.

7. Better Social Environment

  • Improved Community Spaces: Offers enhanced communal areas for socializing and community activities, fostering a stronger sense of belonging.
  • Inclusive Housing: Can include diverse housing options such as affordable units, catering to various socio-economic groups.

8. Increased Livability and Comfort

  • Improved Design: Provides better ventilation, lighting, and aesthetics for more comfortable living spaces.
  • Energy Efficiency: Modern construction focuses on reducing energy consumption for heating, cooling, and lighting.

9. Better Financial Returns for Stakeholders

  • Profit for Developers and Investors: Redevelopment attracts developers and investors seeking high returns.
  • Financial Assistance: Government subsidies, loans, or incentives can make redevelopment financially viable.

10. Addressing Aging Population Needs

  • Accessible Features: Incorporates features like ramps, wider doorways, and elevators for elderly or differently-abled residents.

11. Social and Economic Revitalization

  • Neighborhood Revitalization: Improves the area with better infrastructure, attracting businesses and enhancing public transport.
  • Enhanced Social Cohesion: Strengthens community bonds through collaborative redevelopment efforts.

Each of these benefits underscores the value of redevelopment, not only for individual property owners but also for the broader community and urban development.

SOCIETY

Specifications

Total Units

78

Flats

78

Shops

0

Offices

0

Buildings

5

Outhouses

0

Bunglows

0

Road Width

9 Meters

Project

Gallery | Layout | Amenities

  • Society Office
  • Gated Society with security
  • CCTV Surveillance
  • Open Space
  • Piped Gas Supply

CONTACT

Get in Touch

Reach us at

Project Name: Neptune Cooperative Housing Society
Socity Address: Hindustan Estate,Next to Joggers Park,
Kalyani Nagar, Pune, Maharashtra 411006, India,
Email: neptunesociety1988@gmail.com

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