Real Estate - Builder and Developer's responsibility

Builder and Developer's responsibility

builders and developers - Builder is completely responsible for registering housing society, giving conveyance deed

All these are not allowed to do is to make buyers of houses builders and developers Construction professionals (builders) are required to live for one to five years,

1) Not giving possession of house for the period of construction,

2) Not giving "CC" & "OC" (Completion Certificate and Occupation Certificate) for giving possession,

3) Not getting approved map of the building,

4) Not getting the registration done,

5) Not getting the buyer to buy the house 6) Not depositing the amount in the bank account,

7) Not carrying out construction as per plan,

8) Not constructing a house or building more than the prescribed amount,

9) Not setting up a cooperative housing society within four months of purchasing the 60% land,

7) Not carrying out conveyance within four months of setting up a society,

Such acts are in violation of section 11 of the Maharashtra Flat Ownership Act 1963 (MOFA). This offence is punishable with three years education under Section 13(1). This offence is serious and intrusive. I have the right to inform the police society, take the criminal cases to court,

to make the consumers aware and give the police orders to register the cases against builders and developers construction professionals,

such request was accepted by the All India Consumer Panchayat to the State Director Generals of Police in April. All the interferences in Babi are sinful.

Many common people are afraid of builders and developers and do not complain about it. In such circumstances, the police has issued a circular to the state's Special Inspector General of Police, Prabhat Kumar, regarding registration of offence under Section 11/13(1) of the Maharashtra Flat Ownership Act 1963 (MOFA) against the land owner and the builder who are suo motu complainants on behalf of the government. If police intervenes in the matter, you can file a personal complaint in the court (as per section 156(3) of CrPC). Court can give police order to lodge an offence under the court order.

What is conveyance deed?

It means that the land on which a building is constructed is the property of the society.

The land on which the name of my society is conveyed is the entire land of the society. All the flat holders of mine have the right over it (no change is made by the builder in this matter).

But which land is owned by the society?

What is conveyance deed? Then the land is owned by the society's nodal officer (I own all the flat holders)

If conveyance deed is not done then what will happen?

For some reason in future, if the members of the building are not given any rights then the owner of the land is not entitled to it.

If the building is old and needs redevelopment then it cannot be redeveloped without the permission of the land owner.

If the building is to be redeveloped then only the builders and developers will get the higher FSI.

(I have got a house in double the area of your original area but the land is owned by the society otherwise the builder would have taken the advantage and hence I am the owner of the land). Now many flat holders have such a misconception that conveyance deed cannot be done, similarly builders and developers - builder will redevelop you,

▪️ will give you flat of double area.

▪️ Rent will be paid until the new construction is completed.

▪️ Give corpus fund to the society.

Redevelopment: Many people are misunderstood as they want to get a double flat for free from builders and developers. But the question of who is the builder and how will he do it never comes to people's mind.

Will any builder ever be ready for redevelopment?

You don't have to spend crores of rupees to sell the land, that is just money, you are talking about the expenditure of buying and doing crores of rupees. In the redevelopment process, the builder should consider the cost of land development and NA construction cost. So if the money is to be recovered and some profit is made then no builder is considering redevelopment. But people do not understand this hope that after thirty-forty years, when you have become the owner of your own house and have come to your house, you again have to spend money on it. But if someone becomes the new generation of society then who else would give them the house of? Your heart started to feel like giving you a share of the land ownership.

After examining the cost of land, construction cost, legal process, management, publicity charges, administrative fees and maintenance of goons, business competition, profit/risk potential, what will the builder give to the old flat holders or what will the offer be made by them.

As far as people are concerned, conveyance was not done by your builders and developers - the builder will give you a double flat. Asha people are fond of builder, this is the aim and I am careful about such people. If there is a dispute over the existence of such Lok Samithi then the whole society is being cheated and it is very important to make the people aware about it, for the next four to five years, if the work is not done as per the bylaws and the cases are filed arbitrarily, then the same builders and developers - the builder's real people are in front of us. Ashi people are continuously moving forward, they are doing progress, they organize programs at a fast pace, people have faith in them, but Ashi people are moving forward, they are doing progress for the people

In the same year, the flat holders are being kept in the dark regarding society membership, share certificate, society registration, conveyance deed etc. and in a way they are blackmailing the people but the aim of the flat holders is to achieve the same and it has been achieved late.

Hey, all this is to be done for the sake of such people, conveyance deed of such people should be done, perhaps such people will have to face financial problems. In the beginning five to ten years of your life, in the society, all kinds of disputes were being raised,

in the society, the issue of Shevat's Majuli, lift, many such questions were being raised and till then the Barechhan house was left vacant, you did the conveyance and it was forgotten by the people that your society is a society indistinguishable. Just don't do that! I cannot believe anything except the papers,

And you are the one who has awakened from the house of yours only!