EV Homes secures Occupancy Certificate for Shraddha CHS, marks key redevelopment milestone

EV Homes Constructions has received the Occupancy Certificate (OC) for Shraddha CHS, marking the completion of a major redevelopment project in Navi Mumbai. The development is seen as a significant milestone for the city’s urban renewal efforts, highlighting execution timelines, regulatory compliance, and project scale in a sector gaining increasing traction.

Securing the OC not only validates the structural integrity and legal compliance of the project but also fulfils the dreams of hundreds of homebuyers. By delivering the project in record time, EV Homes has successfully navigated the complexities associated with large-scale redevelopment, offering a glimmer of hope to thousands of residents across the city awaiting similar transformations.

Redevelopment of cooperative housing societies has become one of the most critical housing solutions in the ageing urban neighbourhoods of Navi Mumbai. As decades-old buildings deteriorate and fail to meet modern safety standards, redevelopment offers residents the opportunity to transition from outdated structures to contemporary, amenity-rich housing, without having to relocate permanently or bear the financial burden of new purchases.


The Shraddha CHS redevelopment has emerged as a large-scale housing project involving hundreds of residents and multi-stage coordination. The exercise required close alignment between the developer, society members, and regulatory authorities, spanning demolition, transit housing, construction and approvals. Securing the occupancy certificate in record time highlights both the project’s complexity and the pace of execution.


EV homes constructions and the redevelopment sector
The achievement also underscores EV Homes Constructions’ growing stature in Navi Mumbai’s redevelopment sector. The company has emerged as one of the key players in this segment and is widely regarded as a pioneer in redevelopment. Over the years, redevelopment has become a defining part of the city’s real estate growth story, particularly in mature nodes where older housing societies are looking to modernise their built environment. Within this space, developers with experience in handling society-led transformation, regulatory approvals, member coordination, and large-scale execution have become increasingly important.

This success further strengthens EV Homes Constructions’ position as a leading player in the redevelopment sector. At a time when many developers are only beginning to explore the segment, EV Homes has built a strong track record, with one of the largest redevelopment project portfolios in Navi Mumbai.

Vicky Thomas, Director at EV Homes Constructions Pvt. Ltd., said: “Redevelopment differs significantly from greenfield construction. Developers working in this space must engage directly with society members, address individual concerns, manage transit housing logistics, and work within the regulatory framework governing society redevelopment under Maharashtra's housing laws. The OC received for Shraddha CHS by EV Homes represents the culmination of each of these stages successfully executed at an unprecedented scale.”

"The delivery of Shraddha CHS is a testament to our commitment to the people of Navi Mumbai. We understood that for the hundreds of families involved, this wasn't just a construction project, it was their lives and their legacies. Receiving the OC in record time is our way of honouring that trust. As pioneers with the largest redevelopment portfolio in the city, we have optimised our processes to ensure that 'record time' becomes our standard, not an exception. Shraddha CHS is a living example of that commitment,” he added.

What it means for residents
For the hundreds of families who were part of the Shraddha CHS redevelopment, the Occupancy Certificate translates directly into possession of their new homes. Residents are now legally entitled to move into the redeveloped building, which offers significantly upgraded living spaces, modern infrastructure, and improved amenities compared to the original structure.

The project's completion is also expected to serve as a reference point for other housing societies in Navi Mumbai that are at various stages of considering or pursuing redevelopment. A successfully completed project of this size, with the OC in hand, addresses one of the primary concerns that society members often raise: the uncertainty around timely completion and regulatory approvals.

A broader signal for Navi Mumbai
The completion and certification of the Shraddha CHS redevelopment signals growing momentum in Navi Mumbai’s housing redevelopment sector. With the city’s housing stock ageing, demand for credible and experienced redevelopment partners is expected to rise. Projects such as Shraddha CHS show that large-scale redevelopment, when executed with the right expertise and oversight, can deliver tangible benefits for residents, housing societies and the city’s broader urban fabric.

Speaking on the occasion, EV Homes Constructions’ Director Ricki Thomas said, "Receiving the Occupancy Certificate for Shraddha CHS is a defining moment, not just for us as a company, but for the redevelopment sector in Navi Mumbai as a whole. One of the most underappreciated aspects of redevelopment is what it offers from a location standpoint. In a city where available land in established neighbourhoods is virtually non-existent, redevelopment is often the only way for homebuyers to access addresses that would otherwise be completely out of reach. These are mature localities with existing infrastructure, connectivity, and community, things that no new project on the city's periphery can replicate overnight. When a project of this scale is completed and certified within a committed timeline, it validates that redevelopment is a credible and worthwhile path. That confidence is what drives the sector forward."