Mumbai, India – Property owners in Maharashtra are still awaiting the state government’s approval of a proposal to simplify the documents required for deemed conveyance. This delay impacts countless housing societies seeking legal ownership of their land and buildings.
A panel had recommended reducing the number of documents needed for deemed conveyance, a process that allows cooperative housing societies to gain ownership when builders fail to transfer the title. The government’s continued delay is causing frustration and uncertainty among property owners.
Deemed conveyance is a crucial legal mechanism that empowers housing societies to obtain ownership rights, giving them control over their properties and protecting them from potential disputes. The simplification of the required documents would streamline the process, making it more accessible and efficient for societies to secure their rightful ownership.
The delay raises concerns about the government’s commitment to improving the ease of doing business and protecting the rights of property owners. Stakeholders are urging the government to expedite the approval process and implement the panel’s recommendations without further delay.
Once approved, the simplified process is expected to benefit thousands of housing societies across Maharashtra, providing them with a clear path to legal ownership and greater security.
Read More : Maharashtra govt yet to approve panel’s proposal to simplify deemed conveyance documents
