Breaking News
Follow Us
Construction

Move to amend MOFA to safeguard conveyance deed for flat owners

Published on: Dec 13, 2025 06:28 am IST

Maharashtra proposes an amendment to protect flat owners by mandating builders under RERA to provide conveyance deeds within three months.

MUMBAI: The state has tabled an amendment to the Maharashtra Ownership Flats (Regulation of the promotion of construction, sale, management and transfer) Act, 1963, to safeguard the interests of flat owners and housing societies developed under another law, the Real Estate (Regulation and Development) Act, 2016, or RERA.

Move to amend MOFA to safeguard conveyance deed for flat owners
Move to amend MOFA to safeguard conveyance deed for flat owners

The amended law would make it mandatory for builders developing and redeveloping projects under RERA to provide a conveyance deed within the stipulated three-month period.

The amendment, proposed by the state housing department headed by deputy chief minister Eknath Shinde, was tabled in the legislature on Friday.

Even though under RERA, a developer must provide conveyance three months after getting the occupation certificate (OC), there is no provision for criminal action against builders who sidestep the law. As a result, many projects completed under RERA in the last decade have not received conveyance; neither do they qualify for deemed conveyance.

An amended MOFA would make projects developed under RERA eligible to receive deemed conveyance. Mumbai has thousands of real estate projects developed under RERA.

A housing society is provided “deemed conveyance” of their property via a legal process when the builder or land owner fails to provide conveyance within the stipulated timeframe.

Former housing secretary Sitaram Kunte said the proposed amendment is a welcome move as it would be a respite for thousands of flat owners. “There is no provision in RERA to deal with the conveyance deed, so bringing it under the purview of MOFA is the need of the hour,” he said.

“There should be a provision for deemed conveyance even for RERA-registered properties. This will be needed across the country in other cities in future too,” he added.

Source link

creativebharatgroup@gmail.com

About Author

Leave a comment

Your email address will not be published. Required fields are marked *

You may also like

Construction

BMC issues stop-work notices to two construction sites over foul air | Mumbai news

MUMBAI: In a decisive step to curb air pollution, the Brihanmumbai Municipal Corporation (BMC) issued stop-work notices to two construction
Construction

HC asks civic body in Navi Mumbai to compile a list of buildings without Occupancy Certificates | Mumbai news

Oct 28, 2024 07:48 AM IST The Bombay High Court directed NMMC to list buildings occupied without Occupancy Certificates, following