Documents to be preserved by Housing Societies before entering into Redevelopment

Summary

This video provides essential guidance on the key documents and steps necessary for the redevelopment of cooperative housing societies in Navi Mumbai. Bhaskar Mhatre, Secretary of the Navi Mumbai Cooperative Housing Federation, and Advocate Shree Prasad Parab highlight the critical documents needed for redevelopment, including the registration certificate, conveyance deed, property card, building certifications, and share certificates. The video also stresses the importance of updating member registers, nomination forms, and communication addresses. Additionally, it covers the importance of conducting managing committee elections before proceeding with redevelopment to ensure a smooth and legally compliant process.

Takeaways

• 😀 Ensure the original Registration Certificate of the cooperative housing society is preserved for redevelopment.
• 😀 Conveyance Deed is a crucial document for entering the redevelopment process and should be obtained and updated before proceeding.
• 😀 The Property Card or Mutation Entries (7/12) must reflect the society’s name to confirm ownership and facilitate redevelopment.
• 😀 The Occupancy Certificate (OC) is necessary for a building’s legitimacy in redevelopment. If unavailable, the Commencement Certificate (CC) can be used.
• 😀 All building-related documents such as the Occupancy Certificate and Commencement Certificate need to be kept up-to-date and preserved.
• 😀 Share Certificates are critical as proof of membership and ownership in the society. These should be maintained and updated regularly.
• 😀 Ensure updated Nomination Forms for all members as per Bylaw No. 32 to avoid issues during redevelopment.
• 😀 The society must maintain a current list of communication addresses, including email IDs and phone numbers, for all members as per Bylaw No. 162.
• 😀 Regularly update the Share Register and Membership List to ensure accurate member details, including original, joint, associate, and provisional members.
• 😀 Managing Committee elections must be conducted as per the 2014 Election Rules and relevant circulars to ensure compliance and validity of the society’s management.
• 😀 Before entering redevelopment, thoroughly review all relevant circulars and notifications, including the July 2019 circular, to confirm the society’s eligibility and adherence to required processes.

Q & A

What is the primary focus of the video script?

The primary focus of the video script is to guide cooperative housing societies in Navi Mumbai on the necessary preparations and documents required for redevelopment.

What is the most important document that a cooperative housing society should preserve for redevelopment?

The most important document is the original Registration Certificate of the cooperative housing society, which should be preserved to avoid delays in the redevelopment process.

What role does the Conveyance Deed play in redevelopment?

The Conveyance Deed is crucial because it legally transfers the rights of the land to the cooperative society. Without it, the society cannot legally enter into a redevelopment agreement.

What is the significance of the 7/12 extract (Property Card) in redevelopment?

The 7/12 extract (Property Card) is vital as it records the ownership of the land. The cooperative society must ensure that the society's name is updated on the property card to reflect ownership.

Why is it necessary to have an Occupancy Certificate (OC) and Commencement Certificate (CC) for redevelopment?

An Occupancy Certificate (OC) and Commencement Certificate (CC) are necessary to verify that the building has been legally constructed and is fit for occupancy. These documents are key to ensuring the redevelopment process follows legal guidelines.

What is the role of the Share Certificate in the redevelopment process?

The Share Certificate serves as proof of membership for each individual in the cooperative housing society. It is essential for verifying membership during the redevelopment process.

What is the importance of maintaining an updated Membership Register?

An updated Membership Register is crucial for ensuring that all members are correctly listed with their communication details, which helps in notifying them about redevelopment plans and legal matters.

Why must societies update their Nomination Forms before redevelopment?

Nomination Forms must be updated to ensure that in case of any issues, such as a member's death, the rightful nominee can claim their share. It's important to avoid complications during redevelopment.

What is the importance of the Managing Committee’s election for redevelopment?

The Managing Committee’s election is essential because the committee plays a key role in decision-making during redevelopment. If the election tenure has expired, a new election must be conducted as per legal rules.

What does the video say about legal compliance for redevelopment?

The video emphasizes that the cooperative housing society must adhere to legal requirements, such as updating documents like the conveyance deed, maintaining a valid membership register, and conducting elections as per the relevant rules and circulars.