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msc rules
30
Apr

COMPARISON BETWEEN A CONDOMINIUM AND A SOCIETY

April 30, 2025
COMPARISON BETWEEN A CONDOMINIUM AND A SOCIETY Though the condominium is more than a forty year old ownership concept for buildings in Mumbai, it is the cooperative society model which has been the most popular so far. However, in recent times, the concept of a condominium is slowly gaining momentum. Buyers who purchase premises on...
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30
Apr

Laws Applicable to Co-Operative Society

April 30, 2025
Laws Applicable to Co-Operative Society The Cooperative Societies Act, 1912 expanded the sphere of cooperation between its members and provided for supervision by central organization. A cooperative society, which has its object the promotion of the economic interests of its members in accordance with the co-operative principles, may be registered with limited or unlimited liability...
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30
Apr

Lawyers for Sale Deed

April 30, 2025
Lawyers for Sale Deed A Sale deed is an instrument which shows the transfer of title, rights, and ownership of a property from a owner/vendor/ seller to a buyer/purchaser A sale deed is an essential document for both the parties which are registered in accordance with the Registration Act, 1908. It is signed and executed...
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30
Apr

Advocate for property transfer

April 30, 2025
Advocate for property transfer  DUE DILIGENCE TO BE DONE WHILE PURCHASING A  PROPERTY First comes in the checklist is the Zone.Check it whether the property comes into the “R” OR “NON-AGRICULTURE” zone because if the the property is in non residential or non agriculture zone like green zone etc.you may not get approvals from authorities...
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29
Apr

COMPARISON BETWEEN CO-OPERATIVE HOUSING SOCIETY AND CONDOMINIUM

April 29, 2025
COMPARISON BETWEEN CO-OPERATIVE HOUSING SOCIETY AND CONDOMINIUM Act – Co-operative Society, which is regulated by the Maharashtra Co-operative Societies Act, 1960. Act – An alternative to a Co-operative Housing Society was introduced by the Maharashtra Apartment Ownership Act, 1970. Condominium is a Building or Complex of Buildings containing a number of individually owned Apartments or houses. Ownership...
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29
Apr

Laws Applicable to Co-Operative Society

April 29, 2025
Laws Applicable to Co-Operative Society The Cooperative Societies Act, 1912 expanded the sphere of cooperation between its members and provided for supervision by central organization. A cooperative society, which has its object the promotion of the economic interests of its members in accordance with the co-operative principles, may be registered with limited or unlimited liability...
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29
Apr

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

April 29, 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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28
Apr

CONVEYANCE DEED

April 28, 2025
CONVEYANCE DEED In case of housing societies the builder/promoters have to ideally create deed of conveyance and hand over it to housing societies that to within 4 months after project completion. However, due to lack of knowledge many builders do not create such documents. There have been cases where builders have later on denied to...
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28
Apr

A COMPLETE GUIDE TO DEEMED CONVEYANCE

April 28, 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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28
Apr

SOCIETY FORMATION AND HANDOVER PROCESS BY BUILDER

April 28, 2025
SOCIETY FORMATION AND HANDOVER PROCESS BY BUILDER         The Registration process and requirements are governed by Maharashtra State Co-operative Society Act 1960.         To Register Co-op. Housing Society, Minimum 10 member are required.         Less than 10 members Societies are also Registered as per M. S. Govt. Ordinance No. 1094 and 277/14 Dated 10/03/1995. But...
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