Real Estate Magazine

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Maharashtra Government Expands ‘One State, One Registration’ Scheme to Pune and Thane Districts

Pune, April 1, 2025 — In a landmark move aimed at enhancing transparency, efficiency, and citizen convenience in property transactions, the Government of Maharashtra has officially launched the next phase of its ambitious ‘One State, One Registration’ scheme in Pune and Thane districts, effective April 1, 2025. Under this initiative, property owners can now register land documents at any sub-registrar office within their respective districts, regardless of where the property is located. For example, a resident of Pune city can now register a property in Maval or Baramati at any sub-registrar office within Pune district. Similarly, residents of Thane district can access any of the 27 sub-registrar offices across the district for registration purposes. Originally announced by Chief Minister Devendra Fadnavis in January 2025, this reform is part of a broader vision to modernize and digitize government services across Maharashtra. The Department of Registration and Stamps, in collaboration with the National Informatics Centre (NIC), is spearheading the digital upgrade of hardware and software systems at all 519 sub-registrar offices across the state to facilitate seamless implementation of the scheme. Following a successful pilot rollout in Mumbai city and suburbs, where over 600 documents were registered across 32 offices, the initiative has now been extended to 49 offices in Pune (28 urban, 21 rural) and 27 in Thane (18 urban, 9 rural). In addition to property registration reforms, the government is also rolling out the enhanced Leave and License 2.0 system. This upgrade enables users to pay stamp duty directly via the registration portal, eliminating the need to switch between multiple platforms. Furthermore, agreements will now be available in Marathi, ensuring accessibility for the local population. “The ‘One State, One Registration’ scheme is a key step in realizing our vision of faceless, paperless, and transparent governance. It significantly reduces congestion at sub-registrar offices and saves valuable time for citizens,” said an official from the Department of Registration and Stamps. The department has also reported impressive progress in revenue collection, achieving 95% of its ₹55,000 crore target for the 2024–25 financial year, with ₹52,210 crore collected as of March 17, 2025. This performance underscores the success of recent reforms and the department’s commitment to service excellence. For more details, please visit the [https://igrmaharashtra.gov.in/ official website or contact your nearest sub-registrar office. Media Contact: Public Relations Office Department of Registration and Stamps, Maharashtra Email: info@igrmaharashtra.gov.in

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Real Estate: MahaRERA Issues Guidelines on Prioritising Hearing of Complaints in Exceptional Circumstances

Mumbai, 28th April 2025: Usually, complaints filed with the Maharashtra Real Estate Regulatory Authority (MahaRERA) are heard in the order of seniority. Earlier this month, the regulator issued a circular detailing out conditions and exceptional circumstances wherein the cases would be given priority out of turn or irrespective of their seniority. The detailed guideline lists 7 reasons. These are as follows: If the complainant is suffering from a life-threatening illness If the complainant or respondent has filed a complaint for review or rectification of the order passed or it’s on non-compliance of the an order When an Appellate Tribunal or a Higher Court directs on disposing the complaint in a time bound manner or if directs to hear the case afresh If the dispute has been mutually settled before the Conciliation Bench or out of court If the complainant wants to withdraw the case Where the issue of maintainability of the complaint arises If there are multiple petitions from the same project. Seniority of the first petition filed will be considered while clubbing the remaining complaints In such exceptional circumstances, the regular practice of following the chronological order or filing date will be relaxed and hearings may be conducted on a priority basis. An applicant requesting a priority hearing owing to a life threatening illness will have to mandatorily submit a certificate from a relevant specialist doctor. Furthermore, in all other petitions, the complainant will have to file the complaint along with appropriate and supporting documents. Without such documents, the request for priority hearing will not be entertained. The decision has been undertaken by MahaRERA keeping in mind delivering relief to the complainants, who are undergoing exceptional and specific circumstances. The circular unambiguously elaborates the exceptional circumstances. Through a circular, MahaRERA has issued detailed guidelines on the subject and comes into effect immediately. Additionally, if necessary, it will be MahaRERA Chairman’s prerogative to decide, based on the merits of the case, if the seniority can be bypassed or not.

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Appointment of District Coordination Officers and Dedicated Revenue Recovery Officers for Recovery of Warrant Amounts under the Maharashtra Land Revenue Code, 1966 Preamble

Mumbai  22th April 2025  According to the provisions of the Real Estate (Regulation and Development) Act, 2016, the Maharashtra Real Estate Regulatory Authority (MahaRERA) has been entrusted with the responsibility of protecting the interests of both developers and allottees. If allottees have complaints such as non-possession of units, demands for amounts higher than agreed upon, etc., they can file complaints with MahaRERA. The authority has the power of a civil court and can issue orders accordingly. It also has the power to impose interest, penalties, or compensation on either the promoter or the allottee found violating the rules. If any party fails to comply with MahaRERA’s order, the recovery of imposed interest, penalties, or compensation is to be executed by the Collector as per the provisions of the Maharashtra Land Revenue Code, 1966. Accordingly, since a significant amount is pending for recovery in districts like Mumbai City, Mumbai Suburban, Pune, Thane, Palghar, and Raigad, a proposal was under consideration to appoint Dedicated Revenue Recovery Officers under the supervision of District Collectors. Government Order: As per the Central Government’s circular dated 1.1.2024, it is recommended that the charge of Dedicated Revenue Recovery Officer be assigned to the Additional Collector/Sub-Divisional Officer of the respective district. Hence, under the Maharashtra Land Revenue Code, 1966, the following appointments are being made for the recovery of warrant amounts in Mumbai City, Mumbai Suburban, Pune, Thane, Palghar, and Raigad: Details of Appointments: Sr. No. District District Supervising Officer Dedicated Revenue Recovery Officers 1 Mumbai City Collector, Mumbai City 1. Additional Collector/Sub-Divisional Officer 2. Deputy Collector 2 Mumbai Suburban Collector, Mumbai Suburban 1. Sub-Divisional Officer 2. Deputy Collector 3 Thane Collector, Thane 1. Deputy Collector 2. Additional Collector/Sub-Divisional Officer 4 Pune Collector, Pune 1. Deputy Collector 2. Sub-Divisional Officer 5 Palghar Collector, Palghar 1. Deputy Collector 2. Sub-Divisional Officer 6 Raigad Collector, Raigad 1. Deputy Collector 2. Sub-Divisional Officer The respective District Collectors will act as Coordination Officers and distribute the responsibilities of recovery among the appointed officers. They must also regularly report the details of the recovery activities to the State Government and the MahaRERA office. This order has been published on the Maharashtra Government’s website (www.maharashtra.gov.in) with code 202504221740556219, and is issued with a digital signature. By order and in the name of the Governor of Maharashtra (G.L. Sul) Joint Secretary, Government of Maharashtra Copies to: Collectors of Mumbai City, Mumbai Suburban, Pune, Thane, Palghar, Raigad 2. Additional/Sub-Divisional Collectors of the respective districts 3. Secretary, MahaRERA 4. Additional Secretary, Home Department 5. Department of Revenue and Forest, Mantralaya, Mumbai

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An Oasis of Luxury and Natural Splendor

The Nature, a prestigious residential project by Maharashtra Housing Corporation (MHC), is located in the serene landscapes of Mukaiwadi, Pune, just 20 minutes from Kothrud on Pirangut Road. This expansive development, spanning over 100 acres, offers a unique living experience, seamlessly blending modern luxury with the tranquillity of nature. With over 700 premium villaments, The Nature is designed to provide residents with a sanctuary away from the city’s hustle and bustle, prioritizing well-being and a deep connection with the environment. A Vision of Harmonious Living: After Fifty, Active Fifty The Nature embodies a vision of harmonious living, where architectural innovation meets the beauty of the natural world. The project’s design focuses on creating spaces that not only meet the functional needs of residents but also enhance their overall quality of life. Embracing the tagline After Fifty, Active Fifty, The Nature is designed to cater to the evolving needs of senior living, promoting an active and fulfilling lifestyle. The villament concept, a hallmark of The Nature, offers spacious, villa-like residences with the convenience of apartment living. Each villament is crafted to maximize natural light and ventilation, providing an airy and refreshing ambiance. Private gardens and expansive terraces further enhance the sense of exclusivity and freedom, allowing residents to connect with the surrounding landscape. Key Amenities: Elevating the Lifestyle The Nature boasts an array of world-class amenities, designed to cater to the diverse needs and preferences of its residents, including a special focus on senior living: The Nature’s Club: A central hub for community activities, The Nature’s Club provides a space for residents to socialize, relax, and engage in various recreational pursuits. 19-Cup Golf Course: A unique feature of The Nature, the 19-cup golf course offers residents a challenging and enjoyable golfing experience amidst the project’s scenic surroundings. The Nature’s Advanced Healthcare Centre: Ensuring the well-being of its residents, The Nature includes a multi-specialty hospital, providing access to quality healthcare services within the community. Helipad with Lounge: Recognizing the importance of connectivity, The Nature features a helipad with a lounge, offering residents a convenient and efficient mode of transportation. The Nature’s Eden (Guest Resort): For visiting guests, The Nature’s Eden provides luxurious accommodations and a tranquil retreat within the project. Amphitheatre: A space for cultural events and performances, the amphitheater at The Nature fosters a sense of community and provides entertainment for residents. The Nature’s Square: Catering to daily conveniences, The Nature’s Square offers residents easy access to essential amenities and services. Natural Waterfall (Cascade) and Waterfall Pavilion: A breathtaking feature of The Nature, the natural waterfall creates a serene and picturesque environment. The Waterfall Pavilion, inspired by Roman architecture, offers a space for relaxation and contemplation amidst the cascading water. Infinity Pool: A stunning infinity pool provides residents with a refreshing escape and panoramic views of the surrounding landscape. Fine Dining Restaurant: A fine dining restaurant within The Nature offers residents a culinary experience in an elegant and sophisticated setting. Sports Arena: For sports enthusiasts, The Nature features a sports arena, providing facilities for various athletic activities. Lagoona: A serene water body, the Lagoona adds to the project’s aesthetic appeal and provides a tranquil environment for residents to relax and unwind. Service Quarters: Ensuring convenience and efficiency, The Nature provides service quarters for domestic staff. Senior Living Focus: The project features specialized areas and activities tailored to senior residents, including accessible pathways, dedicated recreational spaces, and wellness programs. This promotes an active and social atmosphere for residents in their After Fifty, Active Fifty phase. A Location of Serenity and Connectivity Mukaiwadi, Pune – offers the ideal setting for The Nature. The area is known for its lush greenery, peaceful environment, and proximity to nature. It provides a tranquil retreat from the city’s hustle and bustle while still being conveniently connected to essential amenities and services. The project’s location allows residents to enjoy the best of both worlds: the serenity of nature and the convenience of modern living. The Nature is more than just a residential project; it’s a carefully curated lifestyle, designed to enhance well-being and foster a deep connection with the environment, especially for those entering their “After Fifty, Active Fifty” years. It offers residents a unique opportunity to live in harmony with nature, enjoying modern comforts and world-class amenities in a serene and picturesque setting. This project stands as a testament to the idea that a home should be a sanctuary, a place where one can truly connect with themselves and the environment. Visionaries Behind The Nature: The Nature at Mukaiwadi, Pune, is a testament to the vision and dedication of Sushilkumar Deshmukh and Prafulla Deshmukh. Their combined expertise has been instrumental in creating a residential project that blends luxury with nature. Sushilkumar Deshmukh Sushilkumar Deshmukh, an accomplished engineer and real estate developer with over 30 years of experience in Pune, is known for his technical expertise and business acumen. He has successfully completed numerous projects, delivering excellence, quality, and customer satisfaction. He is the founder of Maharashtra Housing Corporation (MHC), which has a decade-old legacy of trust and values. Prafulla Deshmukh Prafulla is, a promising young professional, is following in Sushilkumar Deshmukh’s footsteps in the real estate industry. Bringing a unique blend of expertise, he holds a BE Civil-LLB qualification, demonstrating a strong foundation in both engineering and legal aspects of development. This allows him to approach projects with a comprehensive understanding of technical specifications and regulatory compliance. He brings fresh ideas and a forward-thinking approach, with a passion for innovation and continuous learning. Prafulla is dedicated to enhancing the family legacy in real estate. Together, they have created a project that embodies brilliance in both the science and art of construction, catering to a visionary life. Their mission is to create landmarks that meet global standards, are future-driven, and offer an excellent investment option. The Nature reflects their commitment to providing an exceptional living experience, promoting philosophical values and creating spaces that go beyond the ordinary.

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Vastu-Certified Homes: Boost Builder Profits

How Vastu Rang’s Fully Vastu Certified Residence Development Program Helps Builders In the worse-than-cut-throat competitive real estate market, builders are always on the lookout for ways to attract buyers to sell inventory- and do so at the maximize possible profits. One effective and time-tested approach is by means of integrating Vastu Shastra principles into constructing residential projects. Helping the industry is Vastu Rang, a pioneer in Vastu-compliant real estate developments, that offers programs that enhance buyer satisfaction, reduces project costs, and most of all, increases profits for builders. What Are Fully Vastu-Certified Homes? Vastu Shastra is an ancient Indian science in architecture and real-estate creation that harmonizes living spaces with natural forces for prosperity and well-being. A Vastu-compliant home is thus one that is designed to promote positive energy, health, and happiness. Helping the industry in Pune is Vastu Rang whose program ensures that every aspect of a residential project—from layout to room placement—is aligned with set Vastu principles. The approach is said to enhance living experience and add immense value to properties. Benefits of Vastu Compliance for Builders Higher Demand and Sales Buyers these days increasingly prefer Vastu-compliant homes. A fully certified project naturally attracts more buyers, speeds up sales and gets the cash registers ringing faster and louder. Increased Buyer Satisfaction and Trust Homes built with Vastu principles provide higher comfort, peace, and positivity. Satisfied buyers lead to better referrals and repeat business, strengthening the builder’s reputation. Lower Project Costs Proper Vastu planning from the very initiation minimizes the chances of expensive modifications later. Optimized layouts also reduce energy consumption, cutting electricity and HVAC expenses. Efficient Project Execution A well-planned Vastu layout ensures maximum space utilization, reducing material waste and construction complexity. This speeds up project completion and improves efficiency. Higher Profit Margins Vastu-compliant homes command a premium in the market. Faster sales and lower costs translate into greater profitability for developers. Reduced Risks Adhering to Vastu principles mitigates risks related to buyer dissatisfaction, regulatory challenges, and structural inefficiencies. Implementing a Fully Vastu Compliant Development Program Step 1: Site Selection and Analysis A suitable site is chosen based on direction, soil quality, and energy balance. A well-aligned site supports a harmonious living environment. Step 2: Layout Planning Architects incorporate Vastu principles in early design stages. Homes are aligned with cardinal directions, optimizing natural light and airflow. Step 3: Design and Architecture Rooms, windows, and doors are strategically placed for positive energy flow, balancing comfort and functionality. Step 4: Construction and Execution Builders follow Vastu guidelines meticulously, consulting experts to ensure proper implementation. Step 5: Final Assessment and Certification After completion, homes undergo Vastu compliance checks. Certification by MahaVastu Acharya Mahesh Joshi adds credibility and boosts buyer confidence. How Vastu Rang’s Program Benefits Builders Delivers Complete Buyer Satisfaction Buyers prefer homes aligned with their spiritual and emotional beliefs. Vastu-compliant residences offer peace and prosperity, ensuring higher satisfaction. Saves Costs Integrating Vastu from the start minimizes redesign expenses. Optimized layouts reduce energy costs and improve resource efficiency. Increases Profits Buyers willingly pay a premium for homes that ensure well-being, increasing developer revenue. Speeds Up Sales Vastu Rang provides a MahaVastu Acharya Mahesh Joshi-certified Vastu Compliance Certificate for each flat, simplifying the sales process and building buyer trust. Enhances Brand Reputation Builders adopting Vastu gain a reputation for quality and customer focus, differentiating them from competitors. How to Partner with Vastu Rang Initial Consultation Builders consult MahaVastu Acharya Mahesh Joshi for project assessment and customization. Site Analysis and Planning Experts evaluate the site’s energy and surroundings, providing layout recommendations. Design Integration Vastu principles are seamlessly incorporated into the architectural design. Client Engagement Acharya Mahesh Joshi educates buyers on Vastu benefits, aiding their home selection process. Certification and Marketing Support Each flat receives a Vastu Compliance Certificate, a powerful marketing tool that increases buyer confidence and accelerates sales. About MahaVastu Acharya Mahesh Joshi MahaVastu Acharya Mahesh Joshi is a renowned expert in Vastu Shastra with decades of experience. His deep knowledge and hands-on involvement ensure that every home is meticulously designed for prosperity and harmony. Buyers trust his expertise, which translates into higher sales and lasting customer loyalty. Conclusion Vastu Rang’s Fully Vastu Compliant Residence Development Program offers a winning formula for builders, developers, and buyers. Builders gain a competitive edge, reduce costs, increase profits, and enhance brand reputation, while buyers enjoy homes that foster well-being and success. With MahaVastu Acharya Mahesh Joshi’s expertise, builders can create thriving communities filled with positive energy and prosperity. Investing in Vastu compliance is not just about better homes—it’s about ensuring long-term happiness and financial success. Acharya Mahesh Joshi +91 9552608856 contact@vasturang.com www.vasturang.com

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Aarambh Foundation Celebrates World Sparrow Day

Aarambh Foundation celebrated World Sparrow Day with great zeal at One Place, F.C. Road, on Sunday, March 16. Though the global observance falls on March 20, the foundation organized an early event to encourage broader participation and raise awareness about sparrow conservation. For over 13 years, Aarambh Foundation has been actively working to protect sparrows and their natural habitats. This year, they introduced an innovative initiative—a theatrical play titled “Chimaniyanche Gharkul” (Sparrows’ Nest), written and directed by Ashwini Ambike. The play, performed by students from grades 1 to 7, captivated the audience with its AI-enhanced visuals and powerful storytelling, leaving spectators awestruck by the team’s mesmerizing performance. The event saw the presence of prominent dignitaries, including Rotary District Governor Shital Shah, Abhishek Kavitkar (Founder of Tree Public), Kapil Gandhi (Sigma One), Manoj Dandare (AGM – Pune Metro), Mahesh Ghorpade (Revell Creations), Prafull Deshmukh (CEO – The Nature, Mukaiwadi), Acharya Mahesh Joshi (Vasturang), RJ Shonali (Radio City), Architect Mahesh Bangad, and Deepashree & Umesh Pawar of Aarambh Foundation. Innovative Approaches to Conservation Recognizing the creative approach, Shital Shah applauded the initiative, emphasizing the importance of innovative awareness campaigns in protecting the environment. Speaking at the event, Chaitanya Joshi, Director of Aarambh Foundation, provided insights into the historical significance of World Sparrow Day: “We celebrate many international days, most of which originate from Western countries. However, World Sparrow Day is the first global conservation day that began in India in 2010. It is a matter of pride that this initiative has gained worldwide recognition.” Joshi also highlighted the foundation’s “Shelter for Sparrow” initiative, launched in 2013, which focuses on creating safe environments for sparrows. A New Platform for Environmentalists Adding to the momentum, Manish Khadilkar, Chief Editor and Co-Director of “Dreams Per Square Feet” magazine, announced the launch of a digital newsletter, “Nature Alliance.” This platform aims to connect individuals and organizations working towards environmental conservation and sparrow protection, fostering a collaborative effort in ecological preservation. Expressing her gratitude, Ashwini Ambike, writer & director of the play “Chimaniyanche Gharkul”, commended the hard work of the young performers, acknowledging the support of parents and Umesh Pawar in bringing the production to life. The event concluded with a Vote of Thanks by Mubarak Ansari, Co-Founder of Punekar News. Key Resolutions for Sparrow Conservation As part of the initiative, important decisions were taken to strengthen conservation efforts, including:Establishing safe habitats for sparrows and small birds Launching the “Nature Alliance” digital newsletter for environmental activists Encouraging individuals to take small yet impactful steps toward sparrow conservation The Aarambh Foundation urges everyone to play their part in protecting these tiny yet significant birds. With collective efforts, we can ensure that the cheerful chirping of sparrows remains an integral part of our surroundings for generations to come!

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Why Pattaya’s Property Market is a Global Favourite

Pattaya, the vibrant seaside city of Thailand, has emerged as a global hotspot for property investment, attracting buyers from around the world. Affordable prices, luxurious lifestyle options, and excellent connectivity are drawing diverse investor groups, each with distinct motivations. Chinese nationals have consistently shown significant interest in Pattaya’s real estate. Drawn by competitive prices and luxurious amenities, these buyers view Pattaya as an ideal destination for rental income and long-term capital appreciation. Additionally, Pattaya’s geographical proximity to China makes frequent visits convenient, enhancing the city’s appeal among Chinese investors. Russian nationals form another prominent group of Pattaya property buyers. The city’s warm tropical climate, beautiful beaches, and buzzing nightlife resonate deeply with Russian visitors. Many Russians purchase property in Pattaya not only as vacation homes but also as sources of steady rental income, leveraging Pattaya’s popularity as a year-round holiday destination. South Korea also features prominently among Pattaya’s international investors. Korean nationals are especially attracted by Pattaya’s modern infrastructure, high-quality amenities, and promising business opportunities. Investing in properties here serves multiple purposes for Koreans, ranging from vacation homes and rental revenue to business ventures, reflecting their diverse investment strategies. European nationals too are fine Pattaya attractive, especially the laid-back lifestyle and tropical climate. Of all, its those from the United Kingdom, Germany, and Scandinavia who show interest. For this group, Pattaya offers the perfect blend of leisure, relaxation, and convenience with many in this group seeking properties here as retirement homes, vacation retreats, or for rental income opportunities, enhancing their lifestyle while securing financial benefits. Thai nationals. Interestingly, Pattaya’s appeal isn’t limited to foreigners. Thai nationals, particularly from Bangkok, frequently invest in Pattaya as well. They appreciate the province’s booming economy, rapidly developing infrastructure, and appealing modern amenities. For Thais, Pattaya serves as an attractive choice for a second home, vacation property, or profitable rental investment. Collectively, these diverse groups of buyers are captivated by Pattaya’s unique advantages: reasonable property prices compared to other popular tourist spots, luxurious lifestyle opportunities, excellent accessibility via Bangkok and international airports, a growing economic landscape, stunning natural beauty, and an energetic entertainment scene. As Pattaya continues to grow and evolve, its real estate market becomes increasingly appealing to buyers from around the globe, confirming its position as one of the world’s most attractive investment destinations. Nikhilesh Nagarkar Director, WorldWide Properties WhatsApp +666-1985-7437 nikhileshnagarkar@gmail.com

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Know the Law: The Importance of Deemed Conveyance for Co-Op Hsg. Societies

The state of Maharashtra has always found a sense of equity and security in the concept of cooperative housing societies for creating communities and housing societies. That said, a sizable number of societies and residents therein remain unaware that without legal ownership of land on which the society’s structures are built, they remain vulnerable to legal and financial complications. To mitigate the issue and provide a measure of relief is the “Deemed conveyance”, a crucial provision that transfers ownership rights from developers to societies, ensuring complete legal control. Thus, it is essential and urgent that people understand more about this document, its implications, and ways to obtain it to protect one’s property rights, enable redevelopment, and ensure compliance with legal mandates. Understanding the significance of a Deemed Conveyance Conveyance is the legal process by which ownership of land is transferred from the Developer to the Cooperative Housing Societies (CHS). Under the Maharashtra Ownership Flats Act (MOFA) of 1963, developers must execute the conveyance deed within four months of the society’s formation or within an agreed timeframe. This provision inadvertently tilted things in favour of the developers, with CHS and residents being left out with little legal recourse. Legal luminaries, aware of the likelihood of such a situation, had in the earliest law, the Maharashtra Cooperative Societies Act of 1960, included the provision of a “deemed conveyance” enabling societies to obtain legal ownership through a declaration by the Competent Authority- even in the absence of the builder’s cooperation. Significance of Deemed Conveyance Establishing Legal Ownership Without a valid conveyance deed, as per law, societies do not legally own their land. This situation, quite understandably, causes complications in redevelopment, mortgage loans, and approvals. Deemed conveyance takes away this uncertainty and brings much-needed legal security. Facilitating redevelopment Beyond a point, ageing buildings need urgent redevelopment. Without relevant documents to evidence ownership, societies struggle to negotiate favourable agreements and permissions. Deemed conveyance simplifies all of these processes. Protection Against Builder’s Exploitation In some cases, developers (inadvertently or otherwise) delay the issuance of conveyance deeds to retain control over a property. Deemed conveyance is the panacea that empowers societies, preventing exploitation and unauthorised claims. Ease of Property Transactions CHS members who want to sell their tenements or apply for home loans need legal proof of ownership. In the absence of a conveyance deed, transactions become tedious. The presence of deemed conveyance resolves this issue. Compliance with Legal Mandates Maharashtra Ownership Flats Act (MOFA) mandates timely ownership transfer with delays attracting penalties from developers. Deemed conveyance thus ensures societies too comply with legal requirements and avoid disputes. The Process of Obtaining Deemed Conveyance in the normal course Application Submission Societies apply to the District Deputy Registrar (DDR) of Cooperative Societies with essential documents such as the registration certificate, Index II copies, property tax receipts, and approved building plans. Scrutiny and Hearing The Competent Authority verifies documents and conducts hearings to resolve objections in a time-bound manner. Issuance of Deemed Conveyance Order If valid, the Competent Authority grants a Deemed Conveyance Certificate and executes the conveyance deed in favour of the society. Registration and Mutation The society registers the deed with the Sub-Registrar and updates land records to reflect its legal ownership. Securing a Society’s Future Through Deemed Conveyance Deemed conveyance is thus an essential for cooperative housing societies (CHS) in order to secure their legal rights, facilitate redevelopment, and ensure financial stability. Societies must proactively complete the process to protect their interests, comply with regulations, and eliminate dependency on developers. Obtaining the deemed conveyance document paves the way for future growth and security. Adv. Mukesh B. Zende B. Sc. LL.B. MBA, (Corporate Law) Patent Attorney On Record +919822268068 adv.mukessh@tosslegal.com

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A Pillar of Financial Empowerment and Community Development

A Legacy of Cooperative Excellence Established on August 31, 1995, in Belgaum, Karnataka, Lokmanya Multipurpose Co-operative Society Ltd. has grown into India’s largest multipurpose, multi-state co-operative society, with an expansive network of 213 branches across Maharashtra, Karnataka, Goa, and Delhi. This remarkable growth reflects the society’s firm adherence to its founding values and philosophies of financial inclusion and empowerment. Founded by Dr. Kiran Thakur and his like-minded colleagues, Lokmanya was envisioned as a platform to empower small businesses, support young entrepreneurs, and generate employment opportunities for the youth. Over the years, the society has not only lived up to this vision but has also adapted to meet the evolving financial needs of its members, making it a trusted financial partner. Comprehensive Financial Services Under One Roof Lokmanya Multipurpose Co-op Society Ltd offers a diverse range of financial products and services designed to cater to individuals and businesses alike. These include: Investment Options: The society offers Fixed and Recurring Deposits at highly competitive interest rates, providing members with safe and reliable investment avenues. Insurance Services: Lokmanya provides comprehensive life, health, and general insurance solutions to safeguard the financial interests of both individuals and businesses. Loan Services: A wide range of loan products is available, including personal loans, home loans, business loans, education loans, and gold loans, ensuring financial support for varying needs. Mutual Funds: Tailored to individual goals, Lokmanya offers mutual fund schemes that provide market-linked returns, helping members grow their wealth effectively. Locker Facilities: To ensure the safety of members’ valuables, the society offers secure locker services, providing peace of mind. Unique Selling Proposition: Financial Inclusion with Accessibility One of Lokmanya’s key strengths lies in its commitment to financial inclusion. By offering a broad spectrum of financial products and services under one roof, Lokmanya ensures accessibility to individuals from diverse economic backgrounds. With branches across four states, it reaches urban and rural customers alike, making quality financial services widely accessible. The society’s diversification into mutual funds, micro-lending, and other financial products highlights its adaptability to the changing financial landscape, ensuring it meets the emerging needs of its members. Vision, Mission, and Core Values Lokmanya’s unwavering dedication to financial empowerment is driven by its strong vision, mission, and values: Vision: To empower individuals and businesses by providing accessible and reliable financial solutions, fostering economic growth, and promoting financial inclusion. Mission: To offer a comprehensive range of financial services catering to diverse customer needs while upholding trust, integrity, and excellence in all its endeavors. Core Values: Trust and Integrity: Building long-term, trustworthy relationships with members through transparent operations. Customer-Centricity: Prioritizing the needs of customers by delivering personalized and reliable financial solutions. Inclusivity: Ensuring access to financial services for individuals from various economic backgrounds. Community Development: Actively contributing to the socio-economic upliftment of the community through its cooperative principles. A Testament to Cooperative Excellence Lokmanya Multipurpose Co-operative Society Ltd stands as a shining example of the power of cooperative principles in driving financial empowerment and fostering community development. With its extensive reach, diverse financial solutions, and unwavering commitment to its values, Lokmanya continues to be a cornerstone of India’s cooperative movement. As the society moves forward, it remains dedicated to serving its members with trust, integrity, and innovation, making a meaningful impact on individuals, businesses, and the broader community.

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SIILC: RERA CERTIFICATION and more

They came about in the year 2018, and are today one of India’s premier training organizations dedicated to providing industry-relevant programs in technology, business, finance, entrepreneurship, soft skills, and lifestyle. With over a pool of over 12000 students, they’ve been bridging the gap between industry needs and the available talent pool. Adding to their array of professions for which they provide job-ready courses now is the field of realty. SIILC, short for SIMACES Learning LLP, it’s a name that always makes heads turn when its about education that gets people the opportunity to create careers and go places! Let’s know what’s so special about them! Comprehensive Training Programs SIILC provides specialized courses in various fields, with a relative focus on education in the field of real-estate, a field thus far considered beyond the pale of education that only experience could teach. This real estate programs covers, among others, property management, investment strategies, legal frameworks, and market analysis with the intent of preparing professionals for success in this growing industry of immense significance. Other key courses include export-import management, hydroponic farming, culinary arts, and franchise development. With over 250 online courses, SIILC ensures accessible and flexible learning for individuals across the globe. Global Reach and Industry Collaborations While the world cowered in fear in the face of Covid-19’s onslaught, SIILC went about expanding the scope of its courses to include international training of students from countries as far away as Sweden, the UK, and beyond. To this end, they have collaborated with top institutions like the Indian Institutes of Management (IIMs) and have worked with MNCs to execute skill development programs under the latter’s Corporate Social Responsibility (CSR) initiatives. These partnerships have been helping bridge the gap between industry needs and workforce capabilities. Empowering Real Estate Entrepreneurs! Recognizing the potential of the real estate sector, SIILC now offers tailored programs for real estate professionals and entrepreneurs who are either part of or intend to be part of this industry that has immense significance. Their courses provide insights into industry best practices, property valuation, and smart investment strategies. The franchise development program also supports entrepreneurs in scaling their businesses efficiently. Future Vision SIILC aims to expand its real estate curriculum with advanced modules in urban planning, smart city development, and sustainable housing. By strengthening industry partnerships and leveraging digital platforms, SIILC continues to shape the next generation of skilled professionals, ensuring a strong impact on careers and businesses worldwide.

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