EXOTIC GROUP OF COMPANY

13/11/2020

Sun Glows For A Day, Candle For
An Hour, Matchstick For A Minute,
But A Wish Can Glow Days
Forever, So Here Is My Wish For
Glowing Dhanteras, Glowing Life!

05/08/2019

Historical Movement in Indian 70year POLITICS......

05/08/2019

Its Amazing & Its True....SALUTE to our legendary PM.Mr.Modi & Home Minister Mr.Shah

07/05/2019

आप सभी को अक्सय तृतीय की हार्दिक शुभकामनाएं

13/03/2019

Approximately 10,000 cooperative housing societies across Mumbai can heave a sigh of relief, as they can now get the deemed conveyance—which is the ownership right of the plot on which their houses are built.
The state in its Government Regulation (GR) issued on Tuesday eased rules scrapping the mandatory condition of having the Occupation Certificate (OC) or the Building Completion Certificate (BCC)needed for deemed conveyance. Now, these housing societies just need documentary evidence like formation of society or payment of property tax by the society.
In addition, they have to give an indemnity bond stating that they will take responsibility for the building and adhere to all required rules and regulations.
According to the Maharashtra Societies Welfare Association (MSWA), this was a positive step. “In many cases, the builders exited the project without getting the OC, and the residents had to bear the brunt. This relaxation will ensure that majority of the societies get deemed conveyance,” said Ramesh Prabhu, Chairman, MSWA. Theere are 30,000 such societies across the state which will benefit from the move.
It is mandatory for land owners or developers to convey the title of the plot within four months of the formation of the housing society. In many cases, the builders fail to convey the title of properties to the housing societies, in the hope of availing more floor space index (FSI) that may become available in future, or to avail the benefits accrued to them in case the property is redeveloped.
If the builder fails to convey the property, the Maharashtra Ownership Flats Act (MOFA) allows societies to apply for deemed conveyance. For societies, however, having OC was mandatory and was insisted upon by the officials of the cooperative registrar’s office. OC is given only when the building is complete in all respects and complied with mandatory norms laid by the governement authorities to make it ready for occupation. Since the builders abandon the projects before complying with the norms and conditions, OCs are not given to the societies. Developers just hand over the possession and exit the project, leaving the residents high and dry.
A managing committee member from a well known society in Andheri said that the GR will pave a way for smooth redevelopment. “We will no longer have to depend on the builder who exited from the project decades ago for the deemed conveyance. It will be easy for the society now to become the owner of the plot and accrue the benefits,” said the committee member.

14/01/2019

Happy Makarsankranti......

23/12/2018

02/12/2018

इस ज़िंदगी से हज़ारो शिकायतें है मगर..

इस तस्वीर ने मुझे खामोश कर दिया....

23/11/2018

Make your HONEYMOON MEMORABLE & UNFORGETTABLE with EXOTIC TRAVELS AND HOLIDAYS PVT

12/11/2018

Explore your Dream Destination with Exotic Travels in your budget Tour star's from 14500/-Rs. P.P