Divya Agarwal
Mumbai (Maharashtra) [India], November 19: Anex Advisory has introduced a revised and strengthened Development Management (DM) and Project Management Advisory (PMA) model designed specifically for housing societies undertaking redevelopment. This integrated framework positions Anex as a pioneer in structured, end-to-end redevelopment advisory across the MMR.
Backed by its deep experience across Mumbai’s redevelopment ecosystem, Anex Advisory’s model addresses the core challenges societies struggle with: achieving enough feasibility on technical and financial parameters which would satisfy the needs of the members while also meeting margin requirements of the developers, securing approvals under the appropriate schemes, selection of the right development partner, clarity on financing aspects pre and post approvals being obtained, and seamless execution within the stipulated timelines. Instead of relying on fragmented consultants and scattered responsibilities, the DM + PMA model brings everything under one roof—delivering unified governance, technical clarity, and commercial discipline throughout the project lifecycle.
Speaking about the new offering, Sanjay Daga, Founder & CEO, Anex Advisory, said: “Society-led redevelopment in MMR has needed stronger, more accountable advisory systems. Having worked as a CXO with reputed developers, I’ve seen how technical feasibility, security mechanisms, and commercial alignment determine a project’s fate, and oversight of even one of these aspects can be fatal. Societies, therefore, require a unified advisory partner who ensures clarity at every stage. Our model is built exactly for that.”
Through this enhanced structure, Anex Advisory becomes the central decision partner for all critical aspects of redevelopment, including even the most minor tasks. Societies benefit from and are then subject to investor-grade governance that ensures long-term accountability while comfortably protecting member interests. It allows members to be in a comfortable space and avoid making tough decisions on super-technical and financial subjects that might not be their forte.
A key innovation in the offering is Anex’s Society-Based DM + PMA framework, designed for societies with low viability or uncertain project feasibility. Rather than accepting limited offers or compromising on safeguards, societies can now partner with leading DM firms through Anex to access stronger financial mechanisms, transparent processes, and better control over their redevelopment outcomes.
With its PMA-led Development Management model, Anex Advisory is reshaping how redevelopment is planned, governed, and executed across MMR—with transparency, accountability, and financial prudence at the centre of every step.
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