Over 10,000 Housing Societies in Pune and Pimpri Chinchwad Await Conveyance Deeds

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Pune, 29th October 2023: A significant concern has arisen for more than ten thousand housing societies in Pune and Pimpri Chinchwad cities, as they are yet to receive conveyance from their respective developers. This issue has left these societies without legal ownership of their land, posing potential obstacles to the redevelopment of their buildings.

 

In response to this critical situation, District Deputy Registrar Sanjay Raut advised these housing societies to consider obtaining deemed conveyance, a legal process that would grant them ownership of the land. He provided this counsel during a seminar held on Saturday, the 28th, as part of the three-day conference “Housing Society and Quality City,” organized by the State Cooperative Department, Pune District Cooperative Housing and Apartment Federation, National Society for Clean City (NSCC), and Pune Municipal Corporation.

 

The conference also featured an exhibition that can be of practical benefit to housing societies, further emphasizing the significance of this issue.

 

During the seminar, Sanjay Raut highlighted the current situation, stating, “Today, there are approximately 20,000 housing societies and 15,000 apartments in Pune and Pimpri Chinchwad. Out of these, only around 3,000 societies have received conveyance deeds from their builders. About 7,000 other societies have taken the initiative themselves and pursued deemed conveyance. Additionally, around 700 societies fall under Maharashtra Housing and Area Development Authority.”

 

He went on to explain that for societies with government-owned land, conveyance deeds or deemed conveyance are not required. However, for the remaining ten thousand societies, obtaining a conveyance deed is crucial. Failure to do so could result in these societies losing their legal ownership of their land, further underscoring the urgency of addressing this issue promptly.