Launched under the visionary leadership of Ravi Alat, Founder & CEO of Redevelopment Bazaar
Mumbai, Maharashtra — In a major leap toward transparency and modernization in housing redevelopment, Ravi Alat, the Founder and CEO of Redevelopment Bazaar, has introduced a revolutionary digital tool: the Redevelopment Bazaar Scorecard (RBS).
Just like individuals have a CIBIL score that reflects their creditworthiness, housing societies now have the Redevelopment Bazaar Score, a smart and easy way to evaluate their redevelopment readiness.
What Is the Redevelopment Bazaar Scorecard?
The Redevelopment Bazaar Scorecard is a digital report (0–100 score) that tells a society how prepared it is for redevelopment. The score is generated based on legal documents, structural reports, member approvals, and other key factors.
How It Works – Simple Steps:
1. Register on the Portal
Societies can join the Redevelopment Bazaar Portal for free and begin their redevelopment journey.
2. Get a Society Health Check-Up
The platform uses AI to check your documentation and gives you a Society Health Check-Up PDF and RBS Score.
3. Understand Your Score
- If your score is low, you’ll get a step-by-step improvement guide by signing an MOU with Redevelopment Bazaar.
- If your score is high, you can move forward to the next steps like selecting PMC and developers.
4. Developer Selection & Project Progress
A high score gives your society access to top PMCs and trusted developers from Redevelopment Bazaar’s panel.
Why It Matters
- Led by Visionary Leader Ravi Alat – who brings years of industry experience and a mission to simplify redevelopment.
- Brings Transparency – Shows where your society stands in seconds.
- Saves Time – Speeds up the approval and selection process.
- Guides Growth – Helps low-score societies become fully eligible.
Final Word
Ravi Alat’s vision has turned the complex redevelopment process into a clear, step-by-step digital journey. The Redevelopment Bazaar Scorecard is the first step to transforming your old society into a new, modern home.
Visit the Redevelopment Bazaar Portal and get your Society Score today.
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