Way Cleared For Deemed Conveyance Of 70,000 Housing Societies In Maharashtra
Mumbai: The Maharashtra government has initiated steps to expedite the long-pending process of deemed conveyance for around 60,000 to 70,000 cooperative housing societies across the state. The move is also aimed at facilitating self-redevelopment of housing societies and ensuring timely implementation of tax concessions and incentives announced by the government. Meeting held on housing issues A…
Mumbai: The Maharashtra government is taking action to accelerate the long-overdue deemed conveyance process for about 60,000 to 70,000 cooperative housing societies statewide. The objective is to promote self-redevelopment and ensure the timely application of tax incentives and concessions announced by the administration. Special meeting on housing matters A special session led by Revenue Minister Chandrashekhar Bawankule was convened at Mantralaya to address concerns related to cooperative housing societies.
Notable attendees included MLAs Pravin Darekar and Sanjay Kelkar. Maharashtra currently boasts around 1.15 lakh registered cooperative housing societies, with roughly 60,000 to 70,000 still awaiting deemed conveyance. Bawankule instructed officials from Revenue, Cooperation, Land Records, and Inspector General of Registration departments to collaborate and optimize the process.
Review of deemed conveyance process A review of the deemed conveyance process was conducted, with a directive for the name of each registered housing society to be directly entered on the property card or the "other rights" section of the 7/12 land record, depending on the situation. This change aims to simplify title transfers.
Discussion on UHADA-related issues The session also examined challenges faced by housing societies under the Maharashtra Housing and Area Development Authority (MHADA). Bawankule was apprised that, despite the government already eliminating non-agricultural assessment tax for MHADA societies, the tax is still being collected in certain areas.
He tasked officials to rectify the situation. Procedure for ULC-reserved flats planned Several housing societies are encountering obstacles in self-redevelopment due to non-compliance with the Unified Development Control and Promotion Regulations (UDCPR). To resolve the matter, Bawankule ordered officials to provide tax incentives and a 10% concession in line with a 2019 government resolution.
He also mandated the creation of simplified standard drafts for work contracts and development agreements to streamline self-redevelopment projects undertaken by housing societies.
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