In many cities, old buildings become unsafe or uneconomical to maintain. Redevelopment – demolishing and reconstructing with a builder – seems like a win-win: new flats, better amenities, and more sale area. But legally, it’s a minefield if not handled properly.

Key issues:

• Consent of existing occupants/owners – minimum percentages are often required by law or by society by-laws,
  
• Transparent tendering and selection of developer,
  
• Clear agreement on temporary accommodation, rent, and duration,
  
• Guaranteed carpet area in the new building, plus any additional benefits,
  
• Completion timelines and penalties for delay,
  
• Escrow or security mechanisms to reduce risk of half-done projects.
  

Tenants and small owners must carefully read development agreements and not rely only on verbal promises. Once building is demolished, their bargaining power shrinks dramatically. Regulatory approvals, insurance, and bank funding of the developer all matter.

A good redevelopment can transform lives; a bad one can leave families stuck in rented places for years. Legal due diligence before signing is far cheaper than litigation after.