1. Since there is Single Conveyance Deed i.e. all societies share ownership in the land parcel. Hence, individual redevelopment will be complex and inadvisable (land needs to be physically partitioned).
2. For Joint Redevelopment, it is important that there is a unified body to represent and negotiate on behalf of all the societies.
Recommended Approach:
1. Form a Interim Joint Redevelopment Committee: Representation from all the 4 societies to manage discussions, feasibility study and to build consensus on form of formal registration i.e. Federation or Association.
2. Federation or Association: Federation will be the preferred option (Association is simpler but more suited for temporary arrangement).
All 4 societies will be members of this Federation, and will have legal entity and power to act on behalf of all. (Federation to be registered with Registrar of Co-operative Societies).
3. Delegate power to the Federation: Each society needs to pass resolution to approve the joint redevelopment, formation of federation, and authorize federation to act on behalf of them in matters of the redevelopment.
4. Joint Actions: Appoint PMC/architect for feasibility report.
• Float joint tenders through the Federation.
• Hold joint meeting with residents of all the societies.
5. Post-Redevelopment:
• Dissolve/Merge existing societies into a single society.
• New members to be integrated under the new society formed.
Summary:
Joint Redevelopment to be taken by formation of a Federation, with all 4 societies as the members of the Federation. Federation to act on behalf of the societies and post-redevelopment, existing societies to be merged into a single society.