Rajesh Gala (PARTNER) 31 October 2013

Sub-division and conveyance

Respected Sir / Madam, We plan to re-develop our society in Mumbai. Our Society do not have conveyance. Property card is in name of Hinduja Trust. Land parcel is not sub-divided. On one peace of land there are two buildings which are over 35 years old. Each building is a saperate society. Both buildings different enterance and saperated by wall. My Question is : 1. Is it possible to get the said plot sub-divided without getting deemed conveyance. 2. Is it possible to get deemed conveyance for our society without involving the other society which is on same plot eventhough the said plot is not sub-divided. Look forward to your reply. Thanks.

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Rama chary Rachakonda (Secunderabad/Telangana state Highcourt practice watsapp no.9989324294 ) 31 October 2013

Conveyance deed is required. A conveyance deed is essentially one wherein the seller transfers all rights to legally own, keep and enjoy a particular asset, immovable or movable. In this case the assets under consideration are immovable, namely property. On signing a conveyance deed, the original owner transfers all legal rights over the property in question to the buyer, against a valid consideration (usually monetary). This consideration,
A ‘conveyance deed’ or ‘sale deed’ implies that the seller signs a document stating that all authority and ownership of the property in question has been transferred to the buyer.

Rajesh Gala (PARTNER) 01 November 2013

Sir,

Thanks for your explaination.

But my question is

1. Is it possible to get the said plot sub-divided without getting deemed conveyance.

2. Is it possible to get deemed conveyance for our society without involving the other society which is on same plot eventhough the said plot is not sub-divided. Look forward to your reply.

Regards / Rajesh Gala