As per the earlier resolution, any decision on application for deemed conveyance was supposed to be made within six months of the date of application.
MUMBAI: If a housing society passes a resolution for self-redevelopment and applies for deemed conveyance or land ownership, it will receive it within one month, according to a government resolution. Previously, the decision on deemed conveyance applications was expected within six months. The new resolution states that the competent authority, such as the district deputy registrar (DDR) of cooperatives, must notify the landowner or builder immediately after the housing society submits the resolution and application.
The DDR will then hold weekly hearings and make a decision on granting deemed conveyance or land ownership to the society. Maharashtra Societies Welfare Association president Ramesh Prabhu mentioned that out of the 40,000 housing societies in Mumbai, approximately 10,000 are 30 years old and seeking redevelopment. In the larger metropolitan region, including Thane, Kalyan-Dombivili, Navi Mumbai, Raigad, Ulhasnagar, Bhiwandi, and other municipal corporations, an additional 10,000 societies with 30-year-old buildings are interested in redevelopment.
It is also reported that the government will not require fool-proof submission of documents if societies lack any while applying for deemed conveyance. Additionally, the stamp duty collected from each flat owner in the society will be a nominal Rs 100. Currently, many societies still have their lands owned by builders even after decades of selling all the flats. The Mumbai metro region, including the city, has approximately 75,000 to 50,000 housing societies spanning Mumbai, Thane, Palghar, and Raigad. Without deemed conveyance, builders retain ownership of the lands and utilize them for renting terraces to cell tower and advertisement companies, as well as selling or using parking, TDRs, and FSIs to generate income.