Follow Us:

Part 2: Decoding the Deemed Conveyance Scam – From Loopholes to Lifelines

Now that we’ve exposed the rot, let’s get practical. What exactly is conveyance, and why is it a battlefield for corruption? In simple terms, conveyance is the legal handover of land and building ownership from the builder to your housing society. Without it, you’re just a tenant in your own home – no full rights, no peace. Also Read: Great Real Estate Robbery: How Builders & Bureaucrats are Bleeding You Dry

There are two paths in Maharashtra: Regular Conveyance (the ideal) and Deemed Conveyance (the backup that’s become a bandit).

Regular Conveyance: The Dream That Never Happens

– Builder drafts and signs a Conveyance Deed for the society.

– Stamp it, register it with the Sub-Registrar of Assurances (you pay the duties and fees).

– Boom – society owns everything.

Overseen by: Sub-Registrar of Assurances.

But builders drag their feet. Why? Greed. They cling to the land for future FSI windfalls. And the government? Silent spectators, ignoring those jail-worthy penalties we talked about.

Deemed Conveyance: The “Easy” Fix That’s a Trap

If the builder flakes (which they always do), apply within four months via Form VII to the District Deputy Registrar of Cooperative Societies.

Documents needed? Nothing fancy:

– Affidavit on builder’s non-compliance.

– Member list and share certificates (society has these).

– Society registration copy.

– Sale agreements for all flats (again, society’s got ’em).

– Legal notice to builder.

– Municipal docs: Building plans, IOD, commencement/completion certificates, tax receipts (get these via RTI if needed).

The Registrar checks and issues the deed. Official fee? Just Rs. 2,000. Stamp duty and registration? Based on property value – use government calculators.

Sounds straightforward? It should be. But nope. Bureaucrats ensure it’s a nightmare without a “consultant.” Why pay Rs. 10,000+ per flat for something your society can handle? Because the system is rigged. Consultants “prepare” docs you already have, but really, they’re oiling the wheels of corruption. Cash deals? Old school. Now it’s official quotes with GST – corruption gone legit.

The fix is simple, but authorities won’t touch it:

1. Enforce jail time for builders under MOFA and RERA. No mercy.

2. Set strict timelines: Municipal docs via RTI in days, not months.

3. Targets for ward officers: Clear deemed conveyances in six months or face penalties.

4. Fine societies for delays on their end, but hammer builders harder.

5. Ditch consultants – make it DIY with online portals.

No rocket science here. When a half-literate fixer rakes in more than software pros, something’s rotten. Our PM asks for ideas on Mann ki Baat – here’s one: End this malpractice now! Maharashtra’s CM, lead the charge. Plug the holes, jail the defaulters, and give the common man his due.

This corruption isn’t inevitable; it’s engineered. Time to dismantle it. Share this, tweet it to @narendramodi and @Dev15_Fadnavis. Let’s make homes truly ours – not a playground for the corrupt.

Join Taxguru’s Network for Latest updates on Income Tax, GST, Company Law, Corporate Laws and other related subjects.

Leave a Comment

Your email address will not be published. Required fields are marked *

Ads Free tax News and Updates
Search Post by Date
February 2026
M T W T F S S
 1
2345678
9101112131415
16171819202122
232425262728