![]() By doing deemed conveyance you become the owner of the land.Co-operative Housing Society: Which is Really better?īenefits of deemed conveyance of Apartments This article is recommended for you: Apartment Vs. Two or more apartments can file a joint application. As deemed conveyance is applicable to Co-operative housing societies similarly it is to the apartment holders. In such cases, they have an option to do deemed conveyance according to MOFA section 11. Due to this Apartment holders cannot incorporate their names on the 7/12 or property card. ![]() ![]() On numerous occasions, builders have registered deed of declaration and registered deed of apartment for some of the flat holders of the building, and the rest of the flat holders are kept without the registration of the deed of the apartment. The number of registered apartments in the state of Maharashtra is not known exactly but it is approximately 40 thousand. The deed of apartment is also known as the sale deed. Any project which has 5 or more than 5 flats brought under the Apartment Act by doing the deed of declaration and by registration of the deed of the apartment every apartment holder gets the undivided share of the land and common amenities. Apartments are registered under the Apartment Act 1970. It is very unlikely to believe that people from a metro city like Pune are also completely clueless about this thing. Read in Marathi Welcome back, readers! 80% of the apartment holders are unaware of the fact that the deemed conveyance of the apartment can be done.
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