Everything you need to know to about Redevelopment
Everything you need to know to about Redevelopment
https://timesofindia.indiatimes.com/city/mumbai/hc-raps-builder-for-not-sharing-extra-fsi-in-redevelopment-project/articleshow/49635514.cms
HC raps builder for not sharing extra FSI in redevelopment project | Mumbai News - Times of India
Opinion: If Developers claim free fungible FSI in a Redevelopment project but do not pass it on to existing members, it is considered an offense.
Therefore, Existing Members of each Co-Operative Housing Society undergoing Redevelopment must check the Development permission to ensure the free carpet area going to be provided to them matches with the free fungible FSI claimed by the Developer for the Existing Members or not.
It is often found that Dishonest Developers, in conspiracy with corrupt Managing Committees, provide less free Carpet Area than the free fungible FSI claimed in Existing Members name.
Members should be vigilant and verify these details to avoid being cheated and ensure Existing Members receive their rightful entitlements in the redevelopment process.
https://www.verdictum.in/court-updates/high-courts/madhya-pradesh-high-court-ram-sahai-chiroliya-v-district-bar-association-datia-madhya-pradesh-adhivakta-kalyan-nidhi-adhiniyam-1982-membership-general-body-1546198
Before cancelling membership of district bar association, it should be confirmed by general body while convening meeting and not by circulation: Madhya Pradesh High Court.
Opinion Similarly under the Maharashtra Co-operative Societies Act & Rules and registered bye-laws of co-operative society, the managing committee is not empowered to take any step without permission of general body.
In short, without the express permission of the General Body the Managing Committee cannot increase even a penny in the monthly maintenance charges, incur expenditure beyond that permitted under the bye-laws or represent their Co operative Housing Society before any Hon'ble Authority like Hon'ble Court, Hon'ble Deputy Registrar etc in any matter.
https://www.verdictum.in/court-updates/supreme-court/union-of-india-v-prohlad-guha-2024-insc-563-railways-questioned-employing-candidate-based-on-forged-employment-documents-1546353
How Can Someone Be Appointed To A Govt. Job Without Proper Verification Of Documents ? SC Expresses Surprise While Upholding Dismissal Of Railways Employees.
Opinion Similarly in Redevelopment Project also Managing Committee of almost every
Co Operative Housing Society is very keen to award Redevelopment Project to any Developer without due verification in greed of the highest free offers to the Existing Society Members.
https://m.economictimes.com/industry/services/property-/-cstruction/gst-demands-on-development-rights-push-landowners-into-legal-dilemma/articleshow/112270369.cms
real estate developers: GST demand on development rights push landowners into legal dilemma - The Economic Times.
Opinion Unless overturned by the Honorable Supreme Court, the judgement of the Honourable Telangana High Court states that GST will be applicable on the transfer of Development Rights in redevelopment projects via Development Agreements.
The society (landlord) must ensure that the liability for GST payable on the transfer of Development Rights is clearly assigned to the developer. Failure to do so could allow a dishonest developer to withhold possession of the allotted property from existing members until the GST charges are paid in cash to the developer.
Remedy to save above said Crores of Rupees GST charges is only to do Joint Self- Development with the Preferable Developer via Development Model Agreement.
https://www.freepressjournal.in/mumbai/consumer-commission-orders-developer-to-refund-flat-booking-amount-canceled-during-covid-19
Consumer Commission Orders Developer To Refund Flat Booking Amount Canceled During COVID-19
Opinion If this issue had arisen in a Redevelopment Project, the Honourable Court would have also ordered the Cooperative Housing Society (Landowner Promoter) to compensate the aggrieved buyers.
The joint Developer in this case, M/S Shapoorji Pallonji, is one of Mumbai's oldest and most renowned Developers.
As it is mandatory to submit Form B both by Developer (Builder Promoter) and Society (Landowner Promoter) to seek Registration Number to dispose the Saleable Components in the open Market, therefore by default it becomes mandatory for Managing Committee to ensure adequate due diligence before awarding your Cooperative Housing Society's redevelopment project and do not rely solely on a branded name.
In summary, Submission of Form B means Co Operative Housing Society taking all Responsibilities and Liabilities towards The Saleable Components Buyers as good as Developer.
https://timesofindia.indiatimes.com/city/mumbai/housing-society-in-mumbai-fined-for-selective-treatment-in-leakage-complaint/articleshow/96310944.cms
Housing society in Mumbai fined for selective treatment in leakage complaint | Mumbai News - Times of India.
*Opinion* An aggrieved Co Operative Housing Society member can file a complaint against Concerned Member and Negligent Managing Committee under the provisions of the Bharatiya Nagarik Suraksha Sanhita, Bharatiya Nyay Sanhita, Mumbai Municipal Act, Maharashtra Co-operative Society Act, and the society's registered bye-laws to seek justice and damages compensation occurred due to Leakage in flat.
Properly drafted complaint Letter is must to seek on time justice and compensation.
https://www.saamana.com/siddhivinayak-prabhadevi-light-bill-is-not-proof-of-official-construction-important-decision-of-the-high-court/
Light bill is not proof of official construction! An important decision of the High Court Saamana (Samana).
Opinion Similarly in more than 40- 50 years old Co Operative Housing Society Buildings, some members are using their ground-level, road-facing residential premises for commercial purposes and pay corresponding commercial charges inclusive of Society's Maintenance charges, Electricity, Property Tax, Water Charges etc.
However, by paying above said Commercial charges such Members mistakenly believe this converts their Residential Premises status to Commercial Premises Status.
Unless the Residential premises are officially changed in the building's latest sanctioned plan as CommercialPremises, premises remain residential.
Due to this misconception and potential collusion with Corrupt Managing Committee, Developers often refuse to provide commercial premises to these members in Redevelopment Projects.
https://www.livemint.com/companies/news/no-relief-for-infosys-indian-government-refuses-to-budge-on-rs-320-billion-tax-demand-after-canada-slaps-fine-11722927925523.html
No relief for Infosys: Indian Government refuses to budge on ₹32,000-crore tax demand, after Canada slaps fine | Company Business News
Opinion If Top-Tier Tax Auditors and highly calibered Consultants at Corporate Giants like Infosys can make mistakes in complying with the provisions of the Indian Income Tax Act, it underscores the importance for the Managing Committees of every Cooperative Housing Societies to seek a second opinion before signing a Development Agreement with any Developer, may be he is well Renowned Developer or not.
This is especially crucial when the recommendation to sign Development Agreement with any specific Developer comes from the PMC appointed by the Co operative Housing Society and further the PMC charges are also going to paid by the same said specific Developer.