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s n tandon   23 February 2024

Rights on land ownership: cooperative housing society, maharashtra

This is about a cooperative housing society in which there are two sizes of flats ( areas in ratio

  100 to 120) in which the members have paid amounts for the construction in proportion to size of the flat. The question is: Do all the members have equal rights on the FSI of the land In the event of redevelopment  of the property, or such rights would be in proportion to the size of the flat occupied by the respective member.

Thanks for any responses



Learning

 3 Replies

T. Kalaiselvan, Advocate (Advocate)     24 February 2024

The ratio between the total area of the plot and the total area of the building is called floor Space Index (FSI) or (FAR). FSI is also termed as floor space ratio (FSR) or Floor area ratio (FAR). FSI guidelines depend on the National Building Code. 

The quotient that you get by dividing the total built-up area of all floors by the total area of the plot on which it is constructed is called FSI. For example, if you possess land that is 1000 square feet in area on which you want to construct a residential or commercial building, you can construct up to 1500  sq. ft of the covered structure of the plot if the FSI of your locality is 1.5.

s n tandon   24 February 2024

Thanks. However my question was about the relative rights on land ownership of individual members in a Cooperative Housing Society when there are two sizes/areas of the flats.  S  N Tandon

Alva Emma   19 April 2024

I think cooperative housing societies may have specific procedures and mechanisms in place to address tiny fishing issues related to redevelopment and allocation of FSI rights, which members should be aware of and follow accordingly.


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