SAHAKARSUTRA

  Satark Nagrik Foundation ®           (Formerly Alert Citizens Forum) 102, Ekvira Apartment, Uthalsar, Thane West, Maharashtra 400601 #8879528575 December 31, 2020. The Hon.Chief Minister, Govt of Maharashtra, Mantralaya, Mumbai. Sub:  The drive for Deemed Conveyance by the State Government from January 1 and related issues including a new policy for Deemed Conveyance. Dear Sir, At the outset,  Satark Nagrik Foundation  ® wishes you and the State Government of Maharashtra a very Happy, Prosperous and Covid free New Year 2021. We appreciate the balanced, benign yet decisive leadership provided by you during the troubled times in the year gone by. Sir, vide this letter we want to compliment your Government for the new years gift to the people of Maharashtra - the launching of the Deemed Conveyance awareness drive amongst Cooperative Housing Societies from January 1st to 15th. This must be the first time that a State Government has taken initiative to launch such a drive on an important

  What is TDR? Transfer of Development Rights (TDR) means making available certain amount of additional built up area in lieu of the area relinquished or surrendered by the owner of the land, so that he can use extra built up area either himself or transfer it to another in need of the extra built up area for an agreed sum of money. What is TDR in construction? How does it work? Transfer of Development Rights (TDR)  means making available certain amount of additional built up area in preference of the area relinquished or surrendered by the owner of the land, so that he can use extra built up area either himself or transfer it to another in need of the extra built up area for an agreed sum of money. TDR can be considered as an important raw material in the real estate industry as it allows the developer to build over and above the permissible Floor Space Index (FSI) under the prevalent rules of the respective locations. On the back of growing urbanization and lack of availability of sp

 

Elections in all Co - operative Societies are on hold till 31/12/2020 and the last date of holding AGM is 31/03/2021. (refer to MCS act 2nd  amendment ordinance issued on 28/10/2020). As per the amended MCS act which is effective from9/3/2019, for elections in housing societies with less than or equal to 250 members section  73CB  of  the  Maharashtra  Co-operative  Societies  Act,  1960 is amended and  following  proviso is   inserted,  namely :— “Provided  further  that,  in  case  of  housing  society  having  less  than  or up  to  250  Members,  the  elections  of  the  Committee  shall  be  conducted  by the  said  housing  society  "IN THE MANNER AS MAY BE PRESCRIBED"  Accordingly, The draft election rules for societies with less than or equal to 250 members were published by the government on 25/10/2019 inviting objections/suggestions from public.  But due to the new Government formation and then the outbreak of covid pandemic, the final rules are not yet gazetted/not

  When you need money at a shorter time, then both gold loan and the personal loan comes handy as both the financial facilities do not have any end usage restriction on loan proceeds which makes them the preferred option. However, you have to choose between the two, whichever suits your financial needs. Both the financial products are preferred, but both of them have different interest rates, charges and fees. A personal loan is a secured loan, whereas a gold loan is an unsecured loan. Now, how to choose which type of a loan, here are pointers which will help you decide, which loan you should take according to your needs:- What Is A Gold Loan? A gold loan is a credit against gold. Under this loan, gold jewellery is taken as security by the lending bank/NBFC. The advance is given to the borrower against this gold as insurance. Also, the interest rate on the gold loan is lower than unsecured loans. Gold Loan What Is A Personal Loan? A personal loan is also called an unsecured loan or sig

  What does ready reckoner rate in Mumbai depend upon? Are the rates same across Mumbai? Ready reckoner rates tend to vary across various areas of Mumbai depending upon the market value of the area and the facilities that are available in that area Mumbai administration has divided the properties in Mumbai and its suburbs into 19 divisions or zones and further into 221 sub zones based on location. Classification of zones and sub zones is mostly done with reference to main arterial roads and railway lines (west to east) – the marine drive, the linking road, the western railway line, the western express highway, the central railway line, the eastern express highway and the harbor line. The current classification of areas in Mumbai is available here Typically, government tends to assign higher ready reckoner rate to commercial properties and lower rates for residential properties Ready reckoner rates also depend upon the type of the property. Registrar value of flats and apartments in Mum