Fancy redevelopment dreams sold by a builder? 5 things to check before falling for them

Your housing society is old and redevelopment sounds like the perfect solution, with developers promising you a bigger flat, better amenities, modern facilities and possibly more parking. But what happens if the project gets delayed for years after you vacate your home?Redevelopment can unlock significant value for ageing housing societies. But it also comes with financial, legal and execution risks.So, if your society is planning redevelopment, here are 5 things you should check before handing over your home.