As per the provisions of the Maharashtra Ownership Flats Act 1963 (MOFA), it is an Amendment under sub-section (3) of section 11 of the Maharashtra Ownership Flats (Regulation of the Promotion of Construction, Sale, Management, and Transfer) Act, 1963, and the Real Estate Regulatory Act 2016 (RERA) it is a legal obligation on the part of the Developer to transfer (convey) the ownership rights of the land & building in favor of the Society within 4 months from the date of Society Registration. This is an additional burden the developers have to fulfill because of tight industry regulations and the growing knowledge of society members. It’s a time-consuming effort for the developer’s team.
Common challenges faced by developers are:
- Lack of time to execute the paperwork
- Lack of time to coordinate with society members
- Incomplete information on how to execute conveyance on big projects
- Technical know-how in some instances
Our Solution
Execution of Conveyance Deed for Developers
At Society Plus, we help developers execute conveyance deeds in a hassle-free and cost-effective manner. We provide you with proper legal advice and assistance in getting your conveyance executed. Backed by an in-depth understanding of the legal and government process, we help you in the end-to-end execution of the process with all the paperwork and coordination with government departments to finalize the implementation of Conveyance Deed.
We understand the latest RERA regulations and can also help in executing Structural Conveyance.