‘Society Redevelopment Under New DP 2034’ seminar to be held on July 22

By Accommodation Times Bureau MUMBAI Accommodation Times to conduct a knowledge seminar on ‘Society Redevelopment Under New DP 2034’ on July 22, 2018, at All India Institute of Local Self Govt, Andheri (W). Accommodation Times XXIV (2018) Knowledge Series presents an insightful seminar or various subject related to Real Estate. Overview of the seminar: Society

Insightful seminar on ‘Society Redevelopment Under New DP 2034’ to be held on July 22

By Accommodation Times Bureau MUMBAI After a successful seminar on Friday conducted by Accommodation Times on ‘Landmark Judgments of RERA’, now it’s time for the seminar on ‘Society Redevelopment Under New DP 2034’. The upcoming seminar is dated July 22, 2018, at All India Institute of Local Self Govt, Andheri (W). Accommodation Times

Development Rights- Who is entitle? Society or Member?

By Vimal Punamiya, FCA, LLB In respect of Tenants co-partnership co-operative societies, which are of the nature of “Flat Owners Societies” in which the flats are acquired by the society from the builder on ownership basis and thereafter Society is formed, and land is conveyed to the society and individual members acquire ownership rights

No Stamp Duty on new flats acquired after redevelopment

By Accommodation Times Bureau According to circular No.K.5/Stamp-17/Pra.Kr.10/13/303/17 dated 30th March 2017, Department of Stamps, Inspector General of Registration & Controller of Stamps (Maharashtra State), there shall be no Stamp Duty payable on the areas previously held by the members of the society or areas of rehab in new construction. The circular says: It has

Taxability of development rights in the case of housing societies

By Accommodation Times Bureau Commissioner of Income Tax-18 Vs. Sambhaji Nagar Co-op. Hsg. Society Ltd., Income Tax Appeal No. 1356 of 2012   Introduction: In Mumbai, hundreds of Co-operative Housing Societies are functioning whose buildings have become old and dilapidated due to age. The societies lack finance and technical expertise to repair their buildings. The societies therefore seek the

FAQs on Deemed Conveyance in Maharashtra

By K K Ramani & Co Accommodation Times Bureau Frequently Asked Questions   Q-1. The building was constructed 25 years ago and the Co-operative Society was registered 20 yrs ago. Inspite of its members best efforts the builders have not given conveyance of property to the Society. The Society wants to use TDR.

No NOC required from Registrar to put up Plan for Approvals in Mumbai

By Accommodation Times News Services It was in 2013, Mumbai Municipal Corporation had decided to have Registrar of Co-operative Housing Society's NOC for putting up plan for approval to MCGM. The following is the text of the circular for the same : M.C.G.M No.P.A.406323/V.N./ General. Dt.15.04.2013 CIRCULAR Subj: Obtaining prior permission for redevelopment of Co-operative