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About Us Banner | Akshay Group



In an era where change is the only constant, our lives are constantly evolving due to many factors. From the increasing demands of modern living to the expansion of families, the dynamic shifts in work culture, and the unprecedented challenges posed by events like the global pandemic, it's undeniable that the need for the redevelopment of ageing buildings has never been more pressing.

At Akshay Group, we recognize the urgency of this need and are deeply committed to revitalising outdated structures. Our approach goes beyond mere construction; we understand the emotional attachment that society members have to their homes and neighbourhoods. With this in mind, we ensure that our redevelopment projects meet the highest standards of quality and functionality and respect the heritage and memories associated with the existing buildings.

Our team of experts meticulously plans each redevelopment project, taking into account the unique needs and aspirations of the community. From preserving architectural elements to incorporating modern amenities, we strive to create spaces that seamlessly blend the old with the new.

Moreover, we understand the importance of delivering on our promises. With a steadfast dedication to transparency and accountability, we work tirelessly to ensure that our projects are completed within the agreed-upon timelines. Our aim is not just to build homes, but to foster vibrant communities where residents can thrive.

So, why choose redevelopment? Because it's not just about embracing change, but about shaping it for the better. It's about preserving the past while building for the future. And at Akshay Group, we are honoured to be at the forefront of this transformative journey.


Welcome to the Redevelopment page of Akshay Group, where we envision, innovate, and transform spaces to create unparalleled living experiences. With a legacy spanning over three decades, Akshay Group has emerged as one of the most prominent and trusted names in the real estate industry, redefining the skyline of Pune with our commitment to excellence and customer satisfaction.

Established in 1988 by the visionary entrepreneur Mr. Mangilal G. Bafna, Akshay Group embarked on a journey fueled by passion and a relentless pursuit of perfection. Today, we take immense pride in our portfolio comprising over 60 residential and commercial projects, encompassing more than 4000 meticulously crafted homes. Our projects reflect our unwavering dedication to high-quality construction, cutting-edge technology, and utmost customer satisfaction.

At Akshay Group, redevelopment isn't just about revitalizing spaces; it's about creating vibrant communities that resonate with modern lifestyles while preserving the essence of the past. Our approach to redevelopment is rooted in integrity, transparency, and social responsibility, ensuring that every project we undertake not only enhances the urban landscape but also enriches the lives of the people it serves.

With a diverse portfolio ranging from housing to luxurious residences and high-visibility commercial spaces, Akshay Group caters to the varied needs and aspirations of our discerning clientele. We understand that each redevelopment project is a unique opportunity to make a lasting impact, which is why we leverage our expertise, experience, and innovative thinking to deliver spaces that exceed expectations.

Over the years, we have earned the trust and admiration of our customers through our unwavering commitment to quality, timely delivery, and ethical business practices. Our financial stability and independence empower us to not just meet but surpass project timelines, setting new benchmarks for excellence in the industry.

As we continue to shape the future of Pune's real estate landscape, Akshay Group remains steadfast in its commitment to innovation, sustainability, and customer-centricity. Join us on this journey of transformation as we redefine urban living and create spaces that inspire, uplift, and endure for generations to come.



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Understanding the Needs of the Residents

The initial phase involves engaging with the current residents of the building or society to comprehend their requirements and expectations clearly.



Conducting an In-depth Location Analysis

Following the comprehension of residents' expectations, a team conducts a comprehensive study of the site and its surrounding neighborhood to gain insights.



Preparing the Redevelopment Blueprint

This stage focuses on drafting a blueprint outlining the redevelopment plans, including proposed designs for both indoor and outdoor spaces.



Fine-tuning the Proposal as per PMC Framework

Once the designs are formulated, they undergo alignment with the regulations and guidelines set forth by the PMC, with necessary adjustments made accordingly



Registration of Legal Agreement with the Housing Society

Upon ensuring compliance with PMC guidelines, a formal legal agreement is established with the housing society to initiate the redevelopment process.



Obtaining Approvals from PMC

Following the legal agreement, the necessary approvals for construction are sought from the relevant departments within the PMC.



Shifting of Residents Prior to Site Takeover

Before the commencement of redevelopment activities, arrangements are made to relocate existing residents to suitable accommodations to ensure their comfort.



Commencing Redevelopment as per Sanctioned Plan

Once residents have been relocated and all approvals obtained, demolition and construction work begin according to the sanctioned plan approved by the PMC.



Availing Occupancy and Completion Certificates

Upon completion of redevelopment work in accordance with the approved plan, applications are submitted to the authorities for occupancy and completion certificates.



Handover of Homes with New Member Inductions

A celebratory handover ceremony is organized at the newly constructed building, extending a warm welcome to both existing and new members of the society.


  • Society Registration Certificate

  • Approved Building Plan

  • Conveyance Deed / Lease Deed / Sale Deed

  • Copy of Resolution by Society Members towards Redevelopment

  • Documents / Deeds / Agreements etc. (As per the Society’s Plot)

  • List of Members with Their Respective Carpet Areas

  • Property Card

  • D. P. Remark

  • Extract of 7/12

  • Search Report and Title Certificate

  • Index II

  • N. A. Order

  • Commencement Certificate

  • Occupation Certificate

  • Completion Certificate

  • Demarcation Old

  • Share Certificate (In Case of Society)


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