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Prototype with mock data, 18 Aug 2027

Offers from developers

4 sealed bids were opened on 10 Aug 2027 in front of members. Compare them here before the meeting on 29 Aug 2027.

Side by side

Tick: highest in this row. It is not a score.

Shown in the order the bids were opened on 10 Aug 2027.

The four developers

Offers by measure

  • Extra for each member

    Meridian
    40% (highest in this row)
    Northbay
    38%
    Saptarishi
    32%
    Kavach
    35%
  • per flat

    Meridian
    ₹12 L₹5.76 Cr for all 48 flats
    Northbay
    ₹15 L₹7.20 Cr for all 48 flats
    Saptarishi
    ₹22 L (highest in this row)₹10.56 Cr for all 48 flats
    Kavach
    ₹18 L₹8.64 Cr for all 48 flats
  • Rent per month while you live elsewhere

    Meridian
    ₹50,000
    Northbay
    ₹52,000
    Saptarishi
    ₹60,000 (highest in this row)
    Kavach
    ₹55,000
  • Shifting allowance per flat

    Meridian
    ₹35,000
    Northbay
    ₹40,000
    Saptarishi
    ₹50,000 (highest in this row)
    Kavach
    ₹40,000
  • Time to finish (months from moving out to getting keys)

    Fewer months is better, so the fewest is ticked.

    Meridian
    42 months
    Northbay
    34 months (fewest months in this row)
    Saptarishi
    40 months
    Kavach
    36 months
  • Money held by a bank that the society can claim if the developer fails to deliver.

    Meridian
    ₹8 Cr
    Northbay
    ₹15 Cr (highest in this row)
    Saptarishi
    ₹10 Cr
    Kavach
    ₹12 Cr
  • Parking

    Meridian
    1 stack per flat
    Northbay
    1 covered per flat
    Saptarishi
    1 covered per flat
    Kavach
    1 covered per flat
  • Amenities

    Meridian
    Gym, Clubhouse
    Northbay
    Gym, Terrace garden
    Saptarishi
    Gym, Terrace garden, Senior citizens' room
    Kavach
    Gym, Terrace garden, Society office

About each developer

Not part of the offer, so never ticked.

  • Meridian Habitat

    7 projects completed since 2011

    record: 1 project extended by 9 months (2024)

  • Northbay Constructions

    9 projects completed since 2005

    record: no delayed projects

  • Saptarishi Developers

    14 projects completed since 1998

    record: no delayed projects

  • Kavach Realty

    11 projects completed since 2007

    record: no delayed projects

How the bids compare

Extra carpet area for each member

Extra carpet area for each member, by developer: Meridian 40%, Northbay 38%, Saptarishi 32%, Kavach 35%. Meridian offers the most.Meridian (highest)40%Northbay38%Saptarishi32%Kavach35%

Best in this measureOther bids

Shown in the order the bids were opened on 10 Aug 2027.

In plain words

AI reading

AI reading of the offers

  • Meridian has the most extra carpet area (40%), but the lowest corpus (₹12 L a flat).

  • Northbay has the shortest time to finish (34 months), but the second-lowest corpus (₹15 L a flat).

  • Saptarishi has the highest corpus (₹22 L a flat), but the least extra carpet area (32%).

  • Kavach has the second-highest corpus (₹18 L a flat), but the second-least extra carpet area (35%).

Written by AI from the table above, with the same pattern for every developer: its strongest row and its weakest. Check it against the numbers before you rely on it. The committee recommends; the general body decides.

Before the meeting

Put this comparison in the papers every member receives. The society's architect, Ar. Kavita Menon, will present her evaluation of the plans at the meeting on Sunday 29 Aug 2027.

Suresh Patil, the secretary, then sends it to every member with the meeting notice.

Arunodaya Builders unlocked your society but did not submit a bid, so it is not in this comparison.