Societies hopeful after decision | mumbai | Hindustan Times
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Societies hopeful after decision

mumbai Updated: Feb 02, 2010 01:57 IST
HT Correspondent
HT Correspondent
Hindustan Times
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For 30 years, 5,000 flat owners of 70 buildings at Yogi Nagar, Borivli (West) have been fighting to get land titles.

The builder has been refusing saying he has to complete his project. The residents are helpless because they cannot undertake any revamp projects without the builder’s consent.

This is set to change as the state government has decided to ease norms for obtaining deemed conveyance for cooperative housing societies. It has mandated that all conveyance deeds be transferred in the society’s name within six months of its application. Conveyance will transfer ownership of the land to flat owners.

If the builder is reluctant, the deputy registrar can pass an order against the builder and appoint an architect or an advocate to procure the documents.

“It is a welcome move as the builder has been dictating terms and swallowing open spaces which are rightfully ours,” said J P Shah, Secretary, Yogi Nagar Housing Federation.

The society will no longer have to submit all 21 documents such as the property card and stamp duty payment slips, which were required while applying for conveyance.

“Even if the society has one document, it will become eligible for application,” said Sitaram Kunte, secretary, housing department.

The decision will benefit 15,000 old cooperative housing societies. The Maharashtra Ownership of Flat Act (MOFA), 2005, makes it binding on builders to transfer deemed conveyance to flat owners within four months of the society’s formation. “Builders charge a fat sum if the society wishes to go for redevelopment,” said Ramesh Prabhu, chairman, Maharashtra Societies Welfare Association.