Societies which have completed four months since formation can apply for DC. The government has decided to set up a DC court under the district collector’s chairmanship to address difficulties faced by societies.
Housing activists said societies can avoid malpractices by unscrupulous builders holding on to their future potential floor space index by not giving them conveyance.
According to provisions of the Maharashtra Ownership Flats Act (Mofa), 1963, the promoter (builder/developer) has to convey the land and building within four months of formation to the society or any legal body of flat purchasers. Under Section 11 of the Act, the conveyance of land is the right of the cooperative housing society and the duty of the developer to be executed within four months from date of registration. But the government noticed that many promoters had not conveyed land or buildings to legal bodies.
Will Co-operative Housing Society in Mira Road respect this dead line and work to get deemed conveyance (DC)?