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25
Feb

WHY A CO-OPERATIVE HOUSING SOCIETY IS BETTER THAN APARTMENT OWNERS ASSOCIATION?

February 25, 2025
WHY A CO-OPERATIVE HOUSING SOCIETY IS BETTER THAN APARTMENT OWNERS ASSOCIATION? 1.            The builder is interested in using the increased FSI which will be awarded by the govt. for that area at any time in future. If the ‘Society’ is formed, then upon the transfer and conveyance of land in favour of the Society, the...
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25
Feb

ADVOCATES FOR REGISTRATION OF HOUSING SOCIETY

February 25, 2025
ADVOCATES FOR REGISTRATION OF HOUSING SOCIETY: A co-operative society is the perfect fit for a residential building as flat-owners have common needs (water connection, watchmen, etc) and interests (maintenance of common areas, such as the terrace and compound). If you’ve purchased a flat in a new building, it would probably be best if you took...
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25
Feb

Documentation for Deemed Conveyance

February 25, 2025
Documentation for Deemed Conveyance Documentation is a very important & crucial stage in the Procedure for Deemed Conveyance. It requires absolute focus & meticulous handling to ensure that all the required documents are obtained & organized in an appropriate manner. The Land Revenue Records of recent origin are obtained by making applications to the respective...
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25
Feb

Registration of Deemed Conveyance

February 25, 2025
Registration of Deemed Conveyance On receipt of the Deemed Conveyance Order, the Deemed Conveyance Deed between the Competent Authority & the Society is prepared. The Competent Authority appears in the Deed on behalf of the defaulting Land Owners & Property Developers. The Deemed Conveyance Deed is submitted to the Office of Competent Authority for Approval...
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25
Feb

PROVISIONS FOR DEEMED CONVEYANCE UNDER MOFA

February 25, 2025
PROVISIONS FOR DEEMED CONVEYANCE UNDER MOFA Amendments in Maharashtra Ownership Flats (Regulation of the promotion of construction, sale, management and transfer) Act, 2005 giving a huge relief to hundreds and thousands of flats purchasers in Maharashtra. Conveyance to the societies was a burning issues which have integrated many problems like property tax, housing finance documentations...
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25
Feb

DIFFERENCE BETWEEN CONVEYANCE AND DEEMED CONVEYANCE

February 25, 2025
DIFFERENCE BETWEEN CONVEYANCE AND DEEMED CONVEYANCE Conveyance – A generic term for any written document which transfers (conveys) real estate property or real property interests from one party to another. So by the above definition its very clear that if someone willingly transfers their legal right of the property to another party they would need...
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25
Feb

A COMPLETE GUIDE TO DEEMED CONVEYANCE

February 25, 2025
A COMPLETE GUIDE TO DEEMED CONVEYANCE Most of the flat-owners of the newly constructed Societies/apartments do not have their sale deeds or conveyance deeds. Mostly in the newly constructed buildings, the builders provide for forming a housing co-operative society to which they shall transfer their interest in the property. Then the builders form the society...
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25
Feb

How to register the society and which documents required for it?

February 25, 2025
How to register the society and which documents required for it? Ans: It is obligatory to apply for co-operative society or Association of Apartment within four months from the taking possession of galas/flats/shops/units by holders, necessary for forming the co-operative society or Association of Apartment according to provisions mentioned under section 10 of the Maharashtra Ownership...
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25
Feb

FatalRAT Phishing Attacks Target APAC Industries Using Chinese Cloud Services

February 25, 2025
Various industrial organizations in the Asia-Pacific (APAC) region have been targeted as part of phishing attacks designed to deliver a known malware called FatalRAT. “The threat was orchestrated by attackers using legitimate Chinese cloud content delivery network (CDN) myqcloud and the Youdao Cloud Notes service as part of their attack infrastructure,” Kaspersky ICS CERT said...
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25
Feb

Two Actively Exploited Security Flaws in Adobe and Oracle Products Flagged by CISA

February 25, 2025
The U.S. Cybersecurity and Infrastructure Security Agency (CISA) has added two security flaws impacting Adobe ColdFusion and Oracle Agile Product Lifecycle Management (PLM) to its Known Exploited Vulnerabilities (KEV) catalog, based on evidence of active exploitation. The vulnerabilities in question are listed below – CVE-2017-3066 (CVSS score: 9.8) – A deserialization vulnerability impacting
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