Vous êtes sur la page 1sur 5

Frequently asked Questions about Deemed Conveyance

Q.1) What is Conveyance?

Ans. Granting of Lease or Transfer of lease of land by CIDCO to Co-


Operative Housing Society or to an Apartment Owners Association or a
Company is known as Conveyance.

Q.2). How Conveyance is done?


Ans. For granting of lease by CIDCO, a detailed procedure is available
with Estate Department. For transfer of lease by CIDCO, a Tripartite
Agreement bearing signatures of Transferor, Transferee and CIDCO
Authority has to be executed. The agreement should be properly stamped
and registered in Stamp Duty Registrar's office. Appropriate charges
(transfer charges, service charges, water charges etc.) of CIDCO have to be
paid. After this procedure, transfer of lease i.e Conveyance is completed.

Q3). What is the Deemed Conveyance?


Ans. In Transfer of Lease by CIDCO, if Transferor does not agree to sign
the tripartite agreement, then under Section 11 of MOFA Act, 1963, the
Competent Authority may grant unilateral conveyance to the Society /
Apartment Owners Association / Company and register that instrument as a
Deemed Conveyance after following the due procedure as per Act.

Q4). Is my Society Eligible for Deemed Conveyance?


Ans:. If your Society is registered on land leased by CIDCO in the
following categories mentioned below, only then your Society is Eligible for
Deemed Conveyance:-

1. Plot of land is tendered by CIDCO to an individual or company


for construction of multiple tenements under MOFA Act, 1963.

2. Land is leased to PAP's under 12.5% Scheme for development.

Q5). What is the procedure of Deemed Conveyance?

1
Ans:. After registration of a Society or an Apartment Owner's Association or
Company as the case may be, the promoter shall execute conveyance within
four months of registration. If the promoter fails to execute the conveyance
within four months, then that organization may make an application in
writing to the Competent Authority with true copies of registered agreement
for sale by each individual member of that organization (Society or any
other) for issuing a certificate that such organization is entitled to have a
unilateral deemed conveyance in their favor and have it registered.
The competent authority i.e. Joint Registrar of Co-Operative Society,
CIDCO, after receiving such application will verify documents and after
giving the promoters reasonable opportunities of being heard, and on being
satisfied that it is a fit case for issuing certificate to the Sub-Registrar under
Registration Act, 1908 for unilateral execution of Conveyance Deed
conveying right, title and interest of promoter in favor of applicant and then
will issue a certificate that it is fit for unilateral conveyance.
After registration of instrument, the deemed conveyance is executed. Lease
will be transferred after all the necessary charges of CIDCO are paid.

Q6). What are the documents necessary to accompany an application


for deemed conveyance?
Ans. List of documents required for Deemed Conveyance is as follows,
1) Application for Deemed Conveyance in Format VII
2) Society Registration Certificate
3) Chairman / Secretary Sale Agreement Copy
4) Registration Agreement copies by all Members
5) Flat & Shop owners list on society letter head
6) Agreement to Lease with CIDCO
7) Copy of Development Rights / Power of Attorney given to Builder by
Villagers / Society / Owner
8) Copy of Occupancy Certificate
9) Copy of C.C.
10) Proposed Deemed Conveyance Agreement copy i.e. Deed of
Assignment Deemed Conveyance.
11) Resolution passed by the managing committee for Deemed
Conveyance.
12) Architect's Certificate
13) Title Certificate
14) Plan copy
15) Rs. 2000/- required Court Fee
16) Affidavit

2
17) Indemnity Bond
18) Verification
19) Bandhapatra
20) Notice given to Builder & Land Owner.

http: //housing.maharashtra.gov. in

Q 7). What are the Stamp Duty and Registration Charges of Sub
Registrar Office?
Ans. When all individual members have paid the Stamp Duty and have
registered their documents, then Stamp Duty payable is minimum and
maximum registration charges are Rupees 30,000/-. The Actual Stamp Duty
Charges will be computed by the adjudicating authority under Registration
Act, 1908.

Q 8). What are Transfer Charges and other dues of CIDCO?

Ans: Charges of the CIDCO are as follows:

Sr. Carpet area in For properties in developed For properties in other nodes
No. sqm. nodes such as Airoli, KK, such as Ghansoli, Ulwe,
Vashi, Sanpada, Juinagar, Kalamboli, Kamothe,
Nerul, CBD Belapur, Dronagiri
Kharghar, Panvel
Apptts. Shop, Office, Apptts. Shop, Office,
including Godown, SS type including Godown, SS type
S.S Type Shop cum S.S Type Shop cum
units Residential units units Residential units
constructed by constructed by
CIDCO CIDCO
1 Up to 20 14,641 29,282 13,310 26,620
2 21 to 30 22,627 45,254 18,634 37,268
3 31 to 40 30,613 61,226 23,958 47,916
4 41 to 50 43,920 87,846 35,937 71,874
5 51 to 60 59,895 1,19,790 47,916 95,832
6 61 to 70 74,536 1,49,072 59,895 1,19,790
7 71 to 80 91,608 1,83,216 71,874 1,43,748
8 81 to 100 1,27,776 2,55,552 1,01,156 2,02,312
9 101 to 150 2,23,608 4,47,216 1,77,023 3,54,046
10 151 to 200 2,67,531 5,35,062 2,23,608 4,47,216
11 200 sqm & 3,54,036 7,08,092 2,67,531 5,35,062
above

3
Q 9). Is it necessary to hire an advocate for process of Deemed
Conveyance?

Ans. NO. Hiring of Advocates is not necessary for the process of Deemed
Conveyance. The Members of society can apply for the process of Deemed
Conveyance themselves.

Q.10).After obtaining unilateral Deemed Conveyance certificate from


Competent Authority, within how many days the conveyance should be
executed?

Ans: There is no time limit for execution of conveyance after obtaining


unilateral Deemed Conveyance Certificate.

Q.11). If an individual member of the Society does not buy tenement/s


from the promoter and if it is a resale property, then is it necessary to
have the entire previous document registered?

Ans: For the purpose of Deemed Conveyance, government has dispensed


with the necessity for chain of documents and relevant government
resolution is available on the following link,
http://housing.maharashtra.gov.in

Q.12). After the Deemed Conveyance, is it necessary to obtain


permission of CIDCO for re-development of the building?

Ans. Deemed Conveyance only allows unilateral conveyance of the 'Lease


Hold' rights of the promoter. Rules and regulation of CIDCO imposed on the
promoter remain as it is. Therefore, as per rules of CIDCO, the Society has
to take necessary permission for re-development of the building.

Q 13). If Builder (Promoter) is not a member of the Society and holds


some flats which are unsold, is it necessary for the Society to pay stamp
duty charges regarding these flats ?

Ans. NO. As regard to the unsold flats, Society is not obliged to pay Stamp
Duty to the Sub Registrar as per the Registration Act. Government
Resolution is available on the following link,

4
http://housing.maharashtra.gov.in

Q14). If a Society is formed by the people who had purchased flats from
CIDCO authority, then whether Deemed Conveyance is applicable?

Ans. NO. When CIDCO sells a flat to an individual, then CIDCO comes
into position of a promoter as per MOFA Act, 1963 and MOFA Act is not
applicable to CIDCO. CIDGO has a mechanism of granting conveyance i.e
grant of lease of plot to the Society and such a lease has been granted to
number of Societies.

Q15). Does the Co-operative Housing Society get a Freehold title of the
plot after obtaining the deemed conveyance?

Ans. The Co-operative Housing Society will get only Lease Hold rights of
the plot after the deemed conveyance is executed. This is because all the
land in Navi Mumbai acquired by GOM and vested with CIDCO for the
development purpose is on lease hold basis only.

Q16). What are the benefits of Deemed Conveyance?

Ans. The Co-operative Housing Society which does not have a conveyance
i.e lease of the plot, does not have a clear title of the plot on which the
Society has constructed a building. Since, the Promoter (Builder) is not
ready to appear before the authority for conveyance, the title of the plot is
not passed on to the Society.

By executing the deemed conveyance, the Society gets a clear title of the
plot. The Society can get the rights for re-construction of the building only
when the deemed conveyance is executed.

Vous aimerez peut-être aussi