Conveyance Deed Registration

A Conveyance Deed is the final and most conclusive legal document that transfers absolute ownership (title) of land and building from the original owner (developer, builder, or government authority) to the purchasing entity — typically a Cooperative Housing Society, Apartment Owners' Association, or an individual flat buyer. It is fundamentally different from the individual flat Sale Deed, which only transfers a flat unit; the Conveyance Deed transfers the underlying land and common areas of the entire building/complex. In Maharashtra, the Conveyance Deed is mandatory under the Maharashtra Ownership Flats (Regulation of the Promotion of Construction, Sale, Management and Transfer) Act, 1963 (MOFA) and is now further reinforced by the Real Estate (Regulation and Development) Act, 2016 (RERA). Under RERA, a promoter (builder) is legally obligated to execute the registered Conveyance Deed in favour of the cooperative housing society, apartment owners' association, or competent authority within three months of obtaining the Occupancy Certificate (OC). Failure to do so exposes the builder to penalties under RERA. Without a conveyance deed, the housing society: (a) cannot legally own the land; (b) cannot apply for redevelopment or raise loans against the property; (c) does not receive property tax demands in its name; and (d) cannot execute Development Control Regulations (DCR) for FSI consumption. This is an extremely prevalent issue across Mumbai, Pune, and other Maharashtra cities, with thousands of societies still awaiting conveyance from builders — a situation that can be addressed through Deemed Conveyance under the MOFA (Amendment) Act 2008.