Interesting clippings which may be of use to you

– J.B.Patel – Jeby – 9820538570

ELECTION – STRENGTH, QUORUM & RESERVATION OF SEATS AS PER MODEL BYE LAWS – 115 & 116

Strength of the Managing Committee including Reservation

For a detailed write-up on Non-Occupancy Charges in Society, (including the definition, conditions, how much to charge, and much more) by Heman Agarwal – Click Here

CA Shri Ramesh Prabhu, Chairman MSWA has launched MSWA news channel on You Tube. MSWA has uploaded more than 250 videos related to various issues and subjects of Cooperative Housing Societies. You are requested to watch these videos and give your opinion and suggestions on it.

You may also ask questions on any Housing related matter. Our expert team will answer your each and every query. If you are interested in any particular video related to Housing Society matter, we will upload the same for the benefit of Society at large.

We are providing video link for the same herewith.

https://www.youtube.com/channel/UCJcDvSHSxxnlgQdPQS6X87Q

Please send in your emails to : rsprabhu13@gmail.com

Thanking You

Mr Kishor Kanade

Video Editor

Maharashtra Societies Welfare Association (Regd.)

A-2/302, Laram Centre. Opp. Platfrom No.6,

Andheri (W), Mumbai – 58

Tel : 022-42551414/26248589/65

Email ID : rsprabhu13@gmail.com

There is a lot of confusion about who can be an Associate Member in a Co-operative Housing Society, based on the new regulations. This month’s issue of MSWA’s Housing Societies Journal lists out several FAQs which are enlightening.

Click Here to view

We are extremely thankful to CA Shri. Ramesh Prabhu, Chairman, MSWA for forwarding us MSWA News Channel on “You Tube” for Public benefit: 

This video includes answers of following questions:

1. What is deemed conveyance ?

2. What are the advantages of deemed conveyance ?

3. What are the disadvantages of deemed conveyance ?

4. Which are the ways to get conveyance ?

5. Which are the documents are required for conveyance ?

6. What is the meaning of Promoter ?

7. What is the procedure for hearing ?

8. Which acts and rules are applicable ?

9. Which departments have to be visited ?

Here is the Video

Courtesy : Jeby Patel

GOVT. WAIVES STAMP DUTY ON TRANSFER OF LAND / FLAT TO KIN or FAMILY MEMBERS

Hon’ble Revenu Minister Eknath Khadase announced in Assembly on 25-03–2015 that Govt. waives stamp duty on transfer of land or flat immovable property to Kin or family members. He announced that now immovable property such as land, house or flat can be transferred to Owner’s Children or even to blood relatives simply by executing transfer deed on Rs. 500/- stamp paper without paying stamp duty and registration fee. This announcement will give good relief to the families of transferors as they will not require to pay 5% stamp duty at market value as per ready Reckoner. Minister further clarified that in such an event it will be sufficient if transfer document is executed on Rs.. 500/- stamp-paper.

He further clarified that the decision to waive stamp duty on property transferred to heirs is taken on account of large complaints received from farmers who were otherwise unable to transfer farming land to their family members due to heavy stamp duty for such transactions. H’ble Chief Minister on another issue of TDR clarified in the assembly that Govt. is framing a new policy by which TDR will be indexed to the Ready Reckoner rate in order to prevent developers earning buge income from use of TDR of one area to another. The Ready Reckoner rate of the area where it is being utilized will now apply. S.S. Mahajan Source Times of India dt. 26-3-2015

Please also see this link https://www.e-stampdutyreadyreckoner.com/Gift.html

Here is the link to the website which has a link to the circular too http://accommodationtimes.com/no-stamp-duty-required-for-registration-of-gift-deed-between-blood-relatives/  You may read the comments also, which will give you a good idea. Here is the english version of the same – http://www.npci.org.in/documents/Annexure_4_Maharashtra_Stamp_(Amendment)_Act_2015.pdf

Some more views available here https://www.kaanoon.com/17181/transfer-of-property-in-blood-relation

Grievance Redressal in Co-operative Housing Societies by none other than Shri Devendra Fadnavis Chief Minister, Government of Maharashtra https://aaplesarkar.maharashtra.gov.in/en/ J.B.Patel (Jeby) RTI & Housing Societies’ Activist Mobile:9820538570 FIGHT FOR YOUR RIGHT !