Special drive for housing societies to get deemed conveyance

MUMBAI: The cooperatives commissioner is initiating a 15-day drive to enable housing societies to obtain deemed conveyance. The letter issued to all deputy registrars across the state admits that since the scheme was launched, very few societies have obtained deemed conveyance. 

The drive will be held from January 1 to 15. Housing societies that wish to obtain conveyance can do so during this special drive, said the circular. 

Advocate Vinod Sampat, president of Cooperative Societies Residents and Users Association, said while the intention is good, it is still difficult to obtain deemed conveyance unless ‘speed money’ is paid. Sampat said once a cooperative society is formed, the builder has to hand over the title of the land and building to the society within six months. However, for several decades builders have failed to do so. Read More...