In Mumbai, there are about 35,000 cooperative housing societies, of which nearly 20,000 do not have conveyance deeds
Mumbai: There is good news for home buyers as developers – after selling all the flats and handing over the society – have been asked to fulfil the documentation process for the conveyance deed. This means tenants need not run from pillar to post for this document anymore. The cooperative department, in its recently passed order, directed the registrar’s office that while registering the housing society it should also insist that the developers submit eight types of documents needed for executing the deed.
Source – Free Press Journal
