On receipt of the Deemed Conveyance Order, the Deemed Conveyance Deed between the Competent Authority & the Society is prepared. The Competent Authority appears in the Deed on behalf of the defaulting Land Owners & Property Developers.
The Deemed Conveyance Deed is submitted to the Office of Competent Authority for Approval. The Competent Authority forwards the Deemed Conveyance Deed to the District Stamp Office for Adjudication. If all the Members of the Society have paid the Stamp Duty on their respective Flat/ Shop Agreements & there is no balance FSI, the Deemed Conveyance Deed attracts only Rs. 100/- Stamp Duty. The Stamp Office issues the Demand Notice.
On receipt of the Demand Notice, the Society pays the required Stamp Duty & submits the Stamp Duty Payment Challan/ Receipt to the District Stamp Office. The District Stamp Office then defaces the Stamp Duty payment Challan/ Receipt & puts their Signature with Authority Stamp & Seal on the Deemed Conveyance Deed.
The Competent Authority then puts their Signature with Authority Stamp & Seal on the Deemed Conveyance Deed. The Special General Body of the Society is called to approve the Deemed Conveyance Deed & to nominate 3 Members of the Society to sign the Deed.
Thereafter the Deemed Conveyance Deed is submitted to the Registration Office for Registration. The Competent Authority is exempted from appearing for the Registration & hence the 3 Members nominated by the Society only appear for Registration and the Registration Office Registers the Deemed Conveyance Deed.
After Registration of the Deemed Conveyance Deed, the Registration Office issues the Scanned Document & Index II.
On receipt of the Index II, the Registration Process of the Deemed Conveyance Deed is successfully completed & the Society becomes the owner of the Land & Structure.
- Deemed Conveyance
- Conveyance of Co- Operative Housing Society
- Need for Deemed Conveyance
- All About Deemed Conveyance
- Advantages of Deemed Conveyance
- Procedure for Deemed Conveyance
- Preparation for Deemed Conveyance
- Documentation for Deemed Conveyance
- Legal Case for Deemed Conveyance
- Registration of Deemed Conveyance
- Transfer of Property after Deemed Conveyance
- Deemed Conveyance & ReDevelopment