In Powai’s exclusive Hiranandani Gardens, some 5,500 families from 84 housing societies have expressed dissatisfaction about their houses’ lack of acknowledged conveyance. Since the Mumbai Metropolitan Region Development Authority (MMRDA) has not yet authorised the transfer of ownership for the 230 acres of the property leased for development, the matter has been brought to the attention of candidates running for the Maharashtra Legislative Assembly election.
The legal transfer of land ownership from one person to another is known as conveyance. Although creating a housing society gives apartment owners the ability to oversee their complexes and units, it does not cover land ownership.
The 230-acre Powai Area Development Scheme (PADS), which is governed by a tripartite agreement between the state government, MMRDA, and developer Niranjan Hiranandani’s business, is the source of the problem. “The developer claims conveyance can only occur once the entire PADS is developed,” said Norita Society secretary Amit Sheth.
After Solitaire Society’s suit for presumed conveyance was denied in 2013, the Bombay High Court was consulted. The case is still open eleven years later.
The 230-acre lease was signed in 1986 for a duration of 80 years, of which 38 have now passed. Property values in the neighbourhood are unaffected by the protracted impasse since buyers are frequently ignorant of the problem and instead concentrate on the area’s high standards of living.
Locals are calling on political contenders to address the problem and see that a solution is found. To break the decades-long deadlock and give housing organisations their legitimate land ownership, a legislative change is essential.
Source: Hindustan Times
