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March 2013 Vol. 06 Issue 12

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(L to R : CA. Ramesh S. Prabhu, Cahirman - MSWA, Shri. Prasad Oak, Dy. Regr.- P-Ward, Shri N. R. Nikam, DDR 4, Shri. Madhukar Choudhari, IAS, Commissioner for Co-operation & Registrar of CS, Shri. Krishnankumar, ITO, Shri S. N. Kabra, DCIT, CA. Vimal Punamiya

Book Released by Shri. Madhukar Choudhari, IAS, Commissioner for Co-operation & Registrar. The book including latest changes as per MCS (Amendment) Ordinance 2013, is available in the Association office

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MSWAs Housing Societies Review 03 March 2013

Dear Members/ Readers, Congratulations to you for making 5th DNA & MSWA Redevelopment Conference cum Exhibition a great success which was held on 16th and 17th Feb, 2013. PRABHU Policy makers like MP, MLA , Policy implementers RAMESH Chairman, MSWA such as Commissioners, Registrar, Government officers, Professionals Architect, Advocates, Chartered Accountants and decision makers- Committee and members of Cooperative Housing society attend the Conference in a great number. The detailed report is given elsewhere in this magazine.

Off : 022 - 42551414 / 26248589 / 65 Mob.: 09820106766

MANAGING EDITORS On 14 t h Feb, 2013 Maharashtra Co-operative Societies 9890187344 (Amendment) Ordinance, 2013 has been notified to amend the Mr. V. Viswanathan

EDITORIAL BOARD Mr. G. G. Shanbaug Mr. Naresh Pai CA. Vijay Rao CA. Prakash Valecha

existing Maharashtra Co-operative Societies Act, 1960 to bring changes as contemplated in the 97th Constitutional Amendment. Many sections have been deleted and many sections have been added and modified to give societies an Autonomous status. There 9870205677 will be professional management, member economic participation 9850822472 and democratic control. The details affecting the housing societies 9819432765 are given elsewhere in this magazine.
9821045102

Now , it is advisable for every housing societies to appoint a trained and qualified manager to manage its affairs. It is also advisable to appoint a professional consultant who will manage the compliance Free of the law. MSWA is training the managers to manage the Housing Rs. 1124/Societies Affairs. The societies should see that the managers whom & the societies engage undergo the Managers Training. For details of PRINTED AT managers course, you can contact the association office. We are Maya Print Art, also conducting educational programs to highlights the various 16, Hanuman Indl. Estate, G.D. changes in the new Co-operative Act and the changes in the ByeAmbedkar Marg, Wadala, Mumbai - 31 laws. Any association/ Local Federations or a group of societies MOST IMPORTANT want to arrange any such program can contact the association and we will be happy to provide the required faculties and knowledge. With warm regards CA. Ramesh Prabhu, Chairman CONTENT Special Drive on Deemed Conveyance - CM
For General Housing Society related queries, Contact MSWA office at Tel.: 022-42551414 E-mail : mswa.hsg@gmail.com
Views expressed in this Magazine are of the authors & MSWA is not Responsible for its Contents. Circulate among Friends and other members of the Society

Page No. 06, 08, 10 12, 14 16, 18, 20, 22

The Quest for Resolving Dynamic Issues The Perspectives from experts Patron Speaker Profile for DNA Exhibition Exhibitor Profile for DNA Exhibition

MSWAs Housing Societies Review 04 March 2013

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Sub: Special Drive for Deemed Conveyance

The Maharashtra Ownership Flats Act, 1983, provides for Conveyance of the Titles of the land by the developers to the CO-operative Housing Societies within four months of their formation. At present, the Co-operative Housing Societies have to depend fully upon the developers for getting the benefits of additional FSI, redevelopment of buildings, etc. till conveyance of the land to them. The State Government has decided to undertake a special drive from 15th December, 2012 to 30th June, 2013 with a view to confer upon the Co-operative Housing Societies the legal right of land from the developers. You have to apply in the prescribed pro-forma for Deemed Conveyance to the office of the concerned District Deputy Registrar, Co-operative Societies and Competent Authority of your area. He would pass appropriate orders after due hearing to all interested parties and issue conveyance certificate. Once a Co-operative Society submits the certificate regarding Deemed Conveyance for registration with the respective Sub-Registrar (Stamps), necessary action would be taken for registration of the certificate of conveyance. Upon registration of the conveyance you have to approach concerned Revenue / City Survey Officer to make a mutation entry and issue property card in the name of Housing Society. It is my sincere endeavor to see that the ownership title of the land to all the Co-operative Housing Societies in Maharashtra in conferred as a part of this special drive. 'The building belongs to the Society; so does the land under the building'. Therefore, I appeal to all Co-operative Housing Societies to actively participate in this special drive and make it a grand success. The Government Resolutions and Circulars relating to Deemed Conveyance are available on State Government's website http://housing.maharashtra.gov.in. Yours Sincerely,

(Prithviraj Chavan)
MSWAs Housing Societies Review 06 March 2013

Regd. Off. : 23, Esteem Classic, A-01, Amrut Nagar, Jogeshwari (W)., Mumbai - 400 102.
MSWAs Housing Societies Review 07 March 2013

THE QUEST FOR RESOLVING DYNAMIC ISSUES

The DNA Property Redevelopment Conferencecum-Exhibition held last weekend witnessed several society members presenting recurring concerns There is an informal group of housing society members, which only meets on special occasions. They never exchange telephone numbers nor do they link up on social networking platforms. The one place where they do gather unfailingly since the past three years, is the DNA Property Redevelopment Conference-cum-Exhibition series. From the debut event in January 2011 at BandraKurla Complex to Chembur in May 2011 and Worli in August 2011, they have faithfully attended every single conference. They were present at Bombay Exhibition Center, Goregaon (E) in February 2012 and returned for the fifth edition in February 2013 as well. What is it that makes them attend the DNA Property Redevelopment Conference-cum-Exhibition each and every time? When we posed this question, the reply was "because redevelopment is getting more and more complicated by changing norms and policies. At each conference, we seek clarity on some new facet of the redevelopment process that has suddenly developed complexities." Issues addressed S u b o d h K u m a r, f o r m e r commissioner, MCGM, provided in-depth insights into the reasons why redevelopment gets stalled. "Every tenant or member feels that he can get more area. Some go to court and the entire project gets delayed. The solution is, can we make a policy so that there is no bargaining? It should say compensation should be a certain percentage of the ready reckoner.

(L-R) Subhash Patil, DDR-3; Ramesh Prabhu, chairman MSWA and Subodh Kumar, former commissioner, MCGM inaugurating the conference

Trading an old home for a new one is a dream all Mumbaikars living in dilapidated buildings share. The DNA Property Redevelopment Conferencecum-Exhibition series has been conceptualised to make this dream come true. This unique, interactive platform ensures that the residents in these old structures take an informed decision and give them a new lease of life. Similarly, once you give incentive FSI based on a specific formula, excess profitability is reduced. There should be a competent authority to whom landlords and tenants can give consent. The authority will float the tender in the market and there will be competitive bidding, so nobody has a windfall gain. Today, everybody feels that others have got a better deal so redevelopment doesn't take place. Remember, nobody will take up a redevelopment project unless there is a reasonable profit," he explained. See Next Page for More Events Highlights

MSWAs Housing Societies Review 08 March 2013

MSWAs Housing Societies Review 09 March 2013

Key government initiatives S a n j a y N i r u p a m , M P, elaborated on the government initiatives on redevelopment. "As per the law, conveyance should be provided within four months. However, for the past 30-40 years, it didn't happen. I did not know that conveyance could be an election issue, but whenever I used to meet my constituents, they would say 'give us conveyance and we will give you votes.' That was when I realised that this issue affects societies to such a large extent. Over the past three to four years, the solution that was provided, namely deemed conveyance, has been very successful. It has even become glamorous; people want to know about it and talk about it," he pointed out. Conveyance concerns Subhash Patil, district deputy registrar (DDR-3), shared that out of the 35,000 co-operative housing societies in Mumbai, a b o u t 9 0 % d o n o t h ave conveyance."This is an essential requirement. There are multiple benefits of conveyance. It is required to get the name on the property card transferred in the name of the society. Earlier societies used to go to consumer court and civil courts. There was lots of litigation taking place. After the chief minister's intervention, deemed conveyance applications are increasing. You have to file an application with the district deputy registrar who is the competent authority. All their contact details are on the website. You can seek their guidance on the phone also. There are 26 documents out of which 10 are the basic ones required. The chief minister has constituted a committee to see how these can also be minimised," he emphasised.

Policy matters analysed Amin Patel, MLA, underlined the fact that government has made massive changes in the development control (DC) rules and come out with policies, to make things easier for buyers and housing societies. "A regulatory authority has been set up for this purpose. For redevelopment, society members get 35% fungible FSI free of cost. Redevelopment enables society members to get bigger flats in a new structure with amenities as well. In Mumbai, we cannot go h o r i z o n t a l , s o we h ave to g o ve r t i c a l . Redevelopment gets you an earthquake-resistant structure with sufficient parking, amenities like a gymnasium, etc. Moreover, there will be no need to repair the structure for the next 25-30 years," he said. New ordinance implications Madhukar Choudhari, IAS, commissioner for co-operation and registrar, co-operative societies, shared perspectives on the new ordinance regarding co-operative societies, explaining that each state had different laws relating to it. Many states had not amended their laws, so the government came out with this ordinance. Maharashtra's contribution to the co-operative effort is unmatched. As per the new ordinance, the maximum number of committee members can be 21. There are totally five reservations in the committee; two of which are for female members. Elections should be held in a free and fair manner. Societies can conduct unopposed elections and save money. The election commissioner for cooperative housing societies is the authority but he would be required only in large housing societies with over 200 members, he clarified.

MSWAs Housing Societies Review 10 March 2013

MSWAs Housing Societies Review 11 March 2013

Policy perspectives from experts

Dignitaries at the DNA Property Redevelopment Conference-cum-Exhibition highlighted the aspects that need to be kept in mind
What emerged from the deliberations at the DNA Property Redevelopment Conference-cumExhibition last weekend, was that two aspects are essential for redevelopment, namely conveyance and following the guidance circular. The government has laid down certain guidelines so everything should be followed systematically as per those. The most important thing for a society member is safety, the knowledge that they will get DNA has been organising this series every year for the past three years. I really congratulate DNA for this sustained effort. Societies who apply for deemed conveyance should not be harassed. I feel that all societies should take advantage of this opportunity to get deemed conveyance during the chief minister's stipulated period. Developers have played a key role in Mumbai's development. Redevelopment can increase the supply of new homes and this will help to bring the prices down. Sanjay Nirupam, MP I thank DNA for creating this interactive platform. The questions people are asking here are already answered by the government but there was not enough awareness. The government has a limited role to play in redevelopment, just to make the laws and enforce them. In redevelopment, it is important to ensure that a few members do not hold the entire society to ransom. Be careful while selecting the developer. Keep in mind that it has to be a win-win situation for all concerned. Amin Patel, MLA their apartment back after redevelopment takes place. For this they need a good developer, they need someone who can be a guiding force. Redevelopment also offers opportunities to optimise space utilisation, have better amenities and enhance safety standards missing in old structures. These were some of the key guidelines and recommendations from dignitaries during the event. This is an excellent concept by DNA. I really thank DNA for organising this two-day session on property redevelopment issues. All stakeholders need to collectively take responsibility and take this process forward. With redevelopment you can get a larger house by paying a nominal higher amount. Regarding the corpus fund of society, new members can be asked to bring in an equal amount, it will solve the problem of existing and new members. Gopal Shetty, MLA I congratulate DNA for this conference. The government needs to take a holistic view. The land cost is going up, stamp duty is also going up. The planners and government must get together and find a solution. MHADA should take up a cluster and redevelop it as a role model. I have requested MHADA to allow single building housing societies to redevelop without demanding housing stock. The chief minister should direct the authority in the registrar's office to clear applications. Subhash Desai, MLA

MSWAs Housing Societies Review 12 March 2013

MSWAs Housing Societies Review 13 March 2013

The two-day session on property redevelopment organised by DNA should give those attending it some food for thought. Hopefully, it will help societies get out of the rigmarole of timeless bargaining and litigation. From the quality of construction to when should they vacate, when will they get their new home back, these are questions being faced by society members and tenants when it comes to redevelopment. There is no need to vacate your premises until everything is in place. Subodh Kumar, former commissioner, MCGM As per the new ordinance, societies need to hold elections every five years, or else the managing committee lapses. Only 'active' members who attend meetings are eligible to vote. Inactive members, who have not attended a single meeting for five years, are not eligible to vote. The societies must hold their annual general meeting within six months from the end of the financial year. Discretionary powers are no longer with the government. Madhukar Choudhari, IAS, commissioner for co-operation and registrar, co-operative societies I am very happy to see so many people at this DNA Property Redevelopment Conferencecum-Exhibition. It is important for societies to get the land title transferred in their name. As per the new ordinance, societies are not exempt from following the circular on redevelopment. Once they get the land title in their favour through deemed conveyance, societies can go in for redevelopment, get additional area and a corpus fund as well. Subhash Patil, district dy. registrar (DDR-3)

This DNA Property Redevelopment Conferencecum-Exhibition is a good concept. There are a lot of people in the audience who want to get clarity on redevelopment norms for projects on MHADA plots, especially when it comes to the FSI angle. The premium option has been discontinued so now it is felt that benefits to societies have been reduced. There is more scope in the case of cluster redevelopment where societies get together and redevelop. Anil Rathod, deputy engineer redevelopment cell, MHADA In Mumbai, societies first go in for repairs, then reconstruction and now, redevelopment is what they opt for. There are 16,502 buildings built prior to 1940, which need to be redeveloped. After redevelopment, if 40-50% of the outgoings are taken care of from the corpus fund, it will be easier for existing members to sell their flat and get higher value for it. Many societies spend up to two years just going through the process under section 79(A). Parimal Shroff, advocate

MSWAs Housing Societies Review 14 March 2013

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PATRON SPEAKER PROFILES

Rustomjee Boman R Irani, chairman and managing director is the driving force behind the success story of the real estate brand 'Rustomjee'. A management professional from Harvard Business School and a Bachelor of Engineering, he is a first generation real estate developer and an entrepreneur with over 15 years of experience and profound knowledge about the industry He has coupled business acumen with international exposure to put into use powerful and very successful strategies. Boman is hon secretary Maharashtra Chamber of Housing lndustry (MCHICREDAI) and president, MCHLCREDA1 Mira-Virar unit. He is also the founder and managing trustee of 'The Rustom Irani Foundation,' which manages and runs institutes in all spheres of education from preschool to post graduation. Having founded the Rustomjee Group in 1996, Boman has used his strong sense of acumen and expertise to evolve the company to being one of the foremost, most sought after and respected premier real estate company in Mumbai. Rustomjee is one of the first real estate firms to receive an ISO 9001 certification in 2001. Under his leadership and guidance, Rustomjee has earned the distinction of a respected corporate and a well-known brand in an extremely short span of time. With a sound track record of sustained growth, customer satisfaction, and innovation, Rustomjee has constructed and delivered a number of residential projects, town-ships and impressive commercial spaces in and around Mumbai and has been ranked among the best developers in Mumbai. Ekta Group Ashok Mohanani, chairman & managing director started his journey in 1987 with the launch of Ekta Housing Pvt Ltd. Ekta World, a real estate firm with a turnover of over 500 crores, has grown from strength to strength in the last 24 years. From a humble beginning as a real estate consultant to a stalwart in the today's real estate fraternity Ashok has achieved it all. The journey as described by him "has been fulfilling, gratifying and complete in all respects". Ashok articulates his philosophy in a simple line. He says "I want to give the best experience possible." And he has been instrumental in the growth of the organization; he has I gone beyond the conventional and given structures that personify finesse. Ashok has been the driving force behind the metamorphosis the organisation has had in the last 24 years. Now christened, Ekta World, the endeavor continues to give the city structures that one can be proud of. Each of their projects are landmarks in their own right and are a memorable part of the city skyline, the group has not just built remarkable structures but has also built a reputation that is as solid. Ashok has significantly contributed to the restructuring and has pioneered concepts in the real estate fraternity like villas in the sky etc. ad is looked upon as a veteran. Today he holds a prestigious position in the managing committee and is the treasurer of Maharashtra Chambers Housing Industry (MCPH). Giving back to society through his association with NGO's like Lions Club International, etc. Ashok has adopted over six villages within the periphery of Mumbai and has taken upon himself to ensure that they are equipped with the basic necessities of living . Vardhman Group Rajesh B. Vardhan, managing director, Vardhman Group, has been associated with the real estate industry for more than 25 years. He is among the few developers working towards the cluster redevelopment of Mumbai. He is also the brain behind conceptualising Mumbai's first Jewellery Mall, Jewel World and Theme Amusement Park, The World of Vardhman Fantasy He has been awarded the Indira Gandhi Priyadarshini Award' in

MSWAs Housing Societies Review 16 March 2013

MSWAs Housing Societies Review 17 March 2013

1997 and 'Raj iv Gandhi Shiromani Award' in 2009 in real estate for the 'Outstanding Individual Achievement and Distinguished Services to the Nation.' He also bagged awards for the best commercial project - Jewellery Mall and Best Theme Park - Vardhman Fantasy He has created the worlds most affordable theme cum amusement park at Mira Road, named Vardhman Fantasy. He is chairman of Jain international Trade Organisation Gowalia tank chapter and an active member of Maharashtra Chambers of Housing lndustry (MCHI). Due to vast experience in housing and infrastructure he gets an edge in drafting and formulation of legal work and specialisation of legal documents. He did BSc from KC College and LLB from Government Law College. Supreme Universal Pvt. Ltd. Sunny Bijlani is director. strategy legal, liasoning, Supreme Universal Pvt. Ltd. An ambitious and motivated individual, he is in-charge of strategy legal, liasoning, market research and project viability analysis. His pragmatic mindset has made him responsible for recruiting, planning, performance management training. He is a bachelor of management from Mumbai University in the year 2006. His other qualifications include courses like 'The real estate management program for executives' from The Harvard Business School, Boston, USA, in October 2008. A management graduate specialising in finance adds a lot of young energy and ideas to the Supreme Universal team. Sunny has been instrumental in implementing cutting edge auditing and system control practices. Coming from a professional background, which included a stint with Axi Risk Consulting (Then part of the Ambit RSM Group) gives him a great insight into value by streamlining the company to be more process focused. He is also a part of formulating strategies for the future expansion plans of the group. He strongly propagates social responsibilities at the ground level including his

initiative with NGO 'Koshish.' Saaga Intra Project (P) Ltd Ravi Joshi is asscociate director, Saaga Infra Project (P) Ltd. An architect by training; he has worked as design architect before coming on board. He brings with him his extensive experience in planning, designing and implementation of all kinds of projects. He is responsible for interacting with the societies, tenants, members, various authorities and keeping eye on the planning, designs and final product. This ensures not only the viability of the project, but also the outlook and ambience.
Statement of ownership and other particulars about MSWA's Housing Societies Review Form IV, See Rule 8 1. Place of Publication : Mumbai 400 058 2. Periodicity of the Publication : Monthly 3. Printers Name : Indian Nationality : Indian Address : A-1/207 Laram Centre, Opposite Andheri Station, Andheri (W), Mumbai 58 4. Publishers Name : Mr. Ramesh S. Prabhu Nationality : Indian Address : A-1/207 Laram Centre, Opposite Andheri Station, Andheri (W), Mumbai 58 5. Editor's Name : Mr. Ramesh S. Prabhu Nationality : Indian Address : A-1/207 Laram Centre, Opposite Andheri Station, Andheri (W), Mumbai 58 6. Owner's Association : Maharashtra Societies Welfare A-1/207 Laram Centre, Opposite Andheri Station, Andheri (W), Mumbai 58 I, Ramesh S. Prabhu, declare that particulars in respect of the said periodical given above are true to the best of my knowledge and belief. Sd/Ramesh S. Prabhu, Publisher

MSWAs Housing Societies Review 18 March 2013

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EXHIBITOR PROFILES
The Associated Cement Companies Limited n 1936, four Indian business groups namely Tatas, Killick Nixons, Khataus and FE Dinshaw amalgamated their cement businesses comprising ten cement companies into a single entity called The Associated Cement Companies Limited. Over the years, ACC's pioneering efforts have set many trends in the world of cement and concrete. The company has a nation-wide footprint with 17 modern cement plants, more than 50 ready mixed concrete plants, 21 sales offices and several zonal offices all manned by a workforce of about 9000 persons. An assemblage of 9000 dealers with over 50000 retail outlets gives ACC a vast and enviable distribution network. ACC has a unique track record of innovative research and development in cement and concrete technology It built the country's first indigenous cement plant at Chaibasa in Jharkhand in 1947 and was the first with commercial distribution of bulk cement and ready mixed concrete. In 2011, ACC commissioned the world's largest plant at Wadi in Karnataka. ACC is recognized as the most preferred brand of cement used to construct homes for the masses of India in its cities, towns and villages. It is also the cement that has raised numerous iconic landmarks. Bhoomi Realty Group ear 1975 marks the inception of Bhoomi Realty Group. Since then the group has been one of Mumbai's premier real estate development companies. The Group believes and follows notions comprising consistency premium quality building trust, transparency and customer satisfaction. Since decades the Group marks their commitment, zeal and excellence towards their work, resulting in a big strong foundation, strengthened by interpersonal and a long-termed relationship they share with their associates and customers. The group has etiiciently completed more than 25 residential and commercial projects in Mumbai and Pune. Bhoomi Realty Group, in

association with the Nilkamal Group is developing a 21 storey premium mixed-use project, Aura Biplex at SV Road, Borivali (W), Mumbai. This project consists of 8-storey commercial tower offering showrooms and office spaces and 19 storey highend residential tower offering luxurious BBHK, 4BHK and 5BHK flats. It is located in the heart of Mumbai's most developed suburb with easy access from Western Express Highway Link Road and Borivali Station. The Group has upcoming projects at Juhu and Andheri. Ekta World he genesis of Ekta group dates back to the year 1987. Since then the company has grown from strength to strength, the group has built choicest residential complexes in the western suburbs between Bandra and Dahisar in Mumbai, the upmarket NTBM road at Pune and a global residential township near the heritage site of Pandav Leni at Nashik. With every new project the group has consciously worked towards being more and more environmentally responsible. Quality is perhaps the most widely used term, but Ekta World lets its standards do the talking. The ISO 9001:2000 certification and recognition by American quality standards speak for themselves. Famed for its thoughtful planning, marvelous architecture and excellent execution, the group's success stories include Lake Homes, Ekta Meadows, Ekta Terraces, Lake Superior; Ekta Empress, Ecstasy l & H and Eminente. These are few of the landmark residences the group has built over the years. The man behind the company CMD, Ashok Mohanani is ably assisted by his son Vivek Mohanani. The group, at all times, strives to be the most desired realty brand and ensure ultimate customer delight in whatever it does. House of Hiranandani

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MSWAs Housing Societies Review 21 March 2013

All the experiences and expertise are encompassed under the House of Hiranandani (HOH), a conglomerate that is set to create new benchmarks for the real estate industry by continuing to break new ground and incorporate pathbreaking technology into their design, to create future-ready and intelligent spaces. HOH brings to its customers and stakeholders the benefit of years of experience under one roof, creating a platform from which it will continue its pioneering innovations and set the standard for real estate development in India. It imbibes values of uncompromising quality and dedication to building lifestyles through offerings that are designed to foster highly benchmarked communities. The brand is committed to carrying forward the goodwill, professionalism and dedication of the Hiranandani Group with new and vibrant expectations. It continues to have bulk of developments under three different subbrands to cater to various demographics and affordability levels; the ultrapremium Signature range, premium Upscale range, and mid-market Urbania range. Rustomjee ustomjee has carved a niche for itself in the real estate sector and is synonymous with innovation, customer satisfaction, transparency and developing luxury anordable and value for money projects. The properties developed by Rustomjee have become landmark projects in their respective areas known for superior construction and design. Their portfolio includes nearly 5 million sq. ft. of completed development and over 30 million sq. ft. of planned development in the MMR that includes two of India's largest township projects. Rustomjee is also amongst the first developers to tap the massive redevelopment opportunities in Mumbai and have successfully redeveloped many properties thereby providing the residents with better infrastructure and state-of-the-art facilities. They have transformed the homes of thousands of families who now live in homes equipped with better security more living space, landscaped gardens, swimming pools and gymnasiums, padded play

areas for children and libraries. Each of their redevelopment projects is tailored with amenities chosen to enhance the living standards of the people for a lifetime. They are doing their bit to redevelop the metropolis of dreams. Saaga Intra Projects (P) Ltd aaga Infra Projects (P) Ltd (SIPL) is a registered company in the field of construction since many years. A pioneer in the industry Sl`PL has created a unique standing for itself. The company is headed by Uday S Surve who has vast experience in all aspects of the realty market, especially redevelopment. His group companies have completed many residential and commercial projects with more in various stages of construction. The company has a dedicated site and office staff to maintain quality and ensure timely completion of projects. They have vast experience in handling all kinds of redevelopment projects from SRA, 33/7, MHADA to private societies. SIPL has completed about 25 lakh sq.ft of construction and another 65 lakh sq ft is under construction. SIPL is the lead for a group of companies that deals with various aspects of reality These include Shubh Group of companies and Annanya Resorts, which exclusively deals in the hospitality and luxury sector SIPL is also associated with reputed partners like TCG Real Estate, Signature international Group, Frischmann Prabhu, Cushman & Wakefield. It is also assisted by architect Hafeez Contractor and RCC consultant Dr HM Raje. Supreme Universal upreme Universal has been in real estate for more than three decades. It is an ISO 9001:2000 accredited company and has successfully completed and delivered projects of approximately 50 lakh sq ft, housing more than 3,000 families and commercial establishments. Supreme has delivered more that thirty redevelopment projects and handed over the new flats to the residents of the societies within the time committed. Currently it has upscale residential complexes, office spaces and retail projects of

MSWAs Housing Societies Review 22 March 2013

!! KINDLY ATTENTION ALL OFFICE BEARERS !!

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REDEVELOPMENT
Feasibility survey of the society building Preparation of Tender document for Developer/ Builder Supervision / quality control during execution work Expert in Liasoning with BMC/ MHADA /Collector / SRA / MMRDA Legal consultancy towards Redevelopment work Redevelopment Panel consists of Structural Engineer, Architects, Legal Consultants.

(AN ISO 9001 - 2008 CERTIFIED COMPANY)

Office: 401, Shree Krishna tower, Link Road, Andheri (W), Mumbai 400053, Tel: 2673 2435, 2673 2436, E mail: info@supremeengicons.com / supremeconsultants@yahoo.co.in Web Site: www.supremeengicons.com

MSWAs Housing Societies Review 23 March 2013

approximately 16 lakh sq ft under construction across prime locations in Mumbai and Pune. Their core expertise of redevelopment is based on aspects such as timely completion and possession, superior quality construction and offering best amenities. Supreme has experienced and dedicated in house teams of architecture and interior design, planning and estimation, liaison and execution. Its other strong points are well-designed layouts with optimum use of every square foot, occupation certificates received for all project in time, dedicated relationship manager for society transparent and regular updates and details given to society members along with one point responsibility of the project. Ultra Tech ltra Tech Cement is India's largest and the world's 10th largest manufacturer of cement with an installed capacity of 52 MT per annum. It is also India's largest cement clinker exporter Brand UltraTech offers a host of products from foundation to finish The products portfolio consists of grey cement (UltraTech Cement) to white cement ( Birla White) , building products (UltraTech Building Products Division ), building solutions (UltraTech Building Solutions) and an assortment of ready mix concretes (UltraTech Concrete) catering to varied needs and applications. Leveraging it's the proven competency in cement; UltraTech Concrete has emerged as the most premium brand by effectively differentiating itself from the rest of the pack. Every construction is a different ball game. Some constructions are done in extremely hot temperature, while others in moist conditions. Some constructions need architectural splendor; others need vivid colours. Some need more durability others need optimal space utilization. UltraTech Concrete business currently offers 12 value added, application specific concretes to suit specific needs.

Vardhman Group adhman means 'growth' and Vardhman Group has consistently scaled new heights over the last four decades. Today the group is a diversified conglomerate with interests across high growth business vertical including the flagship business real estate, infrastructure, entertainment and hospitality theme amusement park and retail food chain. The group continues to scale new heights under the dynamic and visionary leadership of Babulalji M. Vardhan. Ramesh B. Vardhan, chairman and Rajesh B. Vardhan, managing director are the pillars of Vardhman Group. Vardhman Developers Ltd. is the flagship company of Vardhman group. Vardhman projects are always created to give value for money to its c u s t o m e r s . T h e b u i l d i n g s h ave q u a l i t y construction. Vardhman Group have given Mumbai many prestigious projects and buildings. This development covers almost all asset classes, multiuser self sufficient township, residential buildings and towers, commercial premises, malls, retail outlets among others. They have adopted new technology for its construction in Miunbai and Maharashtra. Vardhman Developers is coming up with more than 25 redevelopment projects in the next 23 years.

MSWAs Housing Societies Review 24 March 2013

MSWAs Housing Societies Review 25 March 2013

SOME OF THE HIGHLIGHTS OF CHANGES MADE IN THE

MCS ACT, 1960

1)

2)

3)

4)

5) 6)

7)

It is compulsory for every societies to have the Annual audit, Annual General Body meeting and also file Annual return with the registrar within 6 months of close of Financial Year. Failure to do so, the committee or the person responsible shall be liable for fine as well as disqualify from contesting the election for the next term ( 5 years). Election will be done by the election Commissioner as notified by the State Government. Only Active member who attend at least one General body meeting in last 5 years will be allowed to vote in the election as well as resolutions. The committee will be elected for a period of 5 years Reservation is made for two women, one Scheduled cast/Scheduled Tribe, One other Backward class and one numatic tribes. ( The reservation may not be applicable to Housing Societies except women category) There will be a Dispute Redressal Committee Consisting of 3 members of the Society who will hear the parties and dispose of the complaint within 3 months of filing the Complaint.

8) The societies can co-opt two members as Expert directors who will not have voting rights in electing the office bearers or they cannot become office bearers. 9) The societies can take Functional Directors such as Managers, Chief Executive officers or Managing Director whatever name, the society may say. They also will be forming a part of the Managing Committee. 10) Training to the Committee members and the members of the society is compulsory as provided in the bye-laws 11) Every society will have to adopt the new byelaws which will be available in the association office. 12) For every default, the Registrar can levy penalty ranging from Rs.5000/- to Rs.15000/depending on the failure to comply with the provisions of law.

Ten Key Changes in MCS Act, 1960

1. Empower the active members. Conscious effort is being made to prevent non-serious participants from participating in voting and decision-making, so that active members can exert greater influence. (i.e.. sympathizers, and non-active members who do not attend meetings and do not utilize the minimum services of co-operative societies) 2. Eliminate non-serious participants. A mandate is given to expel totally dormant members, or to encourage them to turn into active members through greater participation. 3. M i n i m i z e o u t s i d e a d m i n i s t ra t o r s , empower active members to deal with crisis. If and when a managing committee of a society is unable to manage, it will be the active members who will be selected as authorized officer or interim committee, who will have to manage the affairs of the society and bring it back on track. 4. Have regular education & training to groom leadership. There is a clear mandate to have regular education and training for members and leaders through Apex or Federal Cooperatives, and to put funds aside for the purpose. 5. Leaders must attend regular training. Managing committee members have to

MSWAs Housing Societies Review 26 March 2013

MSWAs Housing Societies Review 27 March 2013

undergo education and training at least once in five years. 6. Stop washing dirty linen in public, keep disputes at home. To reduce the numbers of disputes reaching co-operative court and other judicial forums, and to enable members of co-operative societies to try to resolve their internal differences easily, painlessly and in the spirit of compromise, a Grievance Redressal Committee has been mandated. 7. Courts to encourage Win-Win solutions, and avoid Win-Lose solutions. Duty has been cast on Co-operative Court to try and resolve problems through arbitration, negotiation and compromise, rather than in a typical court-like fashion.

8. Co-opt experts & professionals, make management efficient. There is a clear mandate to adopt modern methods of management, record keeping etc. and to involve professionals in running co-operatives. 9. Strengthen Audit function. Auditors and the audit process has been more clearly defined, and a duty has been cast upon the auditors, Registrar etc. to pinpoint responsibility for fraud, misappropriation etc. and to register FIR against those responsible. 10. More realistic penalties for offences. For various criminal offences under this act, the amounts of fine and prison sentences possible have been substantially increased.

HOUSING SOCIETY MANAGERS COURSE

Considering the various obligations made on the members of the society and also on the Committee members, it is very important for every society to appoint a trained managers. MSWA has designed a Housing Society Managers Course of 3 months. The training will be done on every Sunday from 10am to 1pm at Association office or at Dadar depending on number of participants. We have experienced faculties like retired registrar, Advocates, chartered Accountants who have worked in the Housing Societies Management. The course fees is Rs.10,000/- inclusive of notes and study material. The same can be paid by the societies. Even the office bearers of the society or any member of the societies interest to know the entire provisions of law and the management of the co-operative societies can enroll for the course. After completing the course, one can also start practice of housing societies consultancy and become a professional. Since, every housing societies also require to induct a functional director whom the societies can designate as CEO or Manager, it is advisable to appoint only trained managers, so that the societies can function professionally.
MSWAs Housing Societies Review 28 March 2013

Subjects Covered: 1) Introduction to Co-operative Housing Societies, registration 2) MCS Act, Rules and Notifications 3) Bye-laws of Housing Societies. 4) Record Keeping and compliances 5) Correspondence, notices, agenda notes, minutes writing 6) Dispute redressal and compliances thereof. For any details and registration you are requested to contact the association office on 42551414 or send an email on : mswa.hsg@gmail.com

S ANT SULTEERS N O T C ENGIN PMENT MEN AGE CTURALDEVELO N A T M STRU N RE JEC PRO ITECTS TORATIO H S ARC S & RE IR A P RE

REX CON COR Consultants Pvt. Ltd. Architects Civil / Structural Engineer - Legal Advisor
( PROJECT MANAGEMENT CONSULTANTS )
RE- DEVELOPMENT / CONSTRUCTION (F.S.I / T.D.R): as per govt. notification 2009 - feasibility Report, Tendering Process, Selection of builder, Planning, Legal documentation, Observation / Supervision & Quality Control / Proof Consultants. BOOK ON Re- development guideline Rs. 150/- & ---- Repair & Maintenance Rs. 100/Available at book store near you & at wheeler shop on all Railway stations. STRUCTURAL AUDIT / SURVEY & BUILDING REPAIRS : ( As per bylaw No. 77 ) & as per BMC / ISSE norms. Details survey / Audit, Non-Destructive Test / Chemical Test, Remedies, Estimation, Tendering process, Selection of Contractor, Legal documentation, Technical Supervision, Quality & Quantity Control, Bill check, Certification, work guarantee. etc. BUILDING MAINTENANCE: Annual Retainer ship for monthly inspection & Corrective advice.
Licensed / empanelled with - BMC MHADA COURTS BANKS - Govt. of Gujrat & Mah. Consultants For more than 1500 Housing / Commercial / industrial Units since last 15 Years..

If society needs 100% consent for Re-development, find & reach us.

Mr. Anup D. Gupta 98211 78321 Direct. Office Tel - 26734133 / 26730455 / 2635 4386 / 26344950 / 9221020869 Crystal Plaza 706 707 A wing, Opp. Infiniti Mall, Link Road, Andheri (W), Mumbai - 400 053. Email rexgroup@ymail.com , guptadanup@ymail.com website - www.rexgroup.in
To register your problems / suggestion about redevelopment email to gruhusankalp@ymail.com.

MSWAs Housing Societies Review 29 March 2013

Big Changes in Co-operation Sector have happened!

Dear Co-operative Readers, I am happy to place before you this based on a quick analysis of 97th Constitutional Amendment and the latest Maharashtra Co-operative Societies (Amendment) Ordinance, 2013 dated 14.2.2013. Cooperative Societies is a State subject under Entry 32 of the State List of the Seventh Schedule of the Constitution. Accordingly, each State has enacted its own Cooperative Societies Act. Since Independence, cooperative movement has grown significantly with an extensive network of cooperative societies and enterprises all over the country. These cooperatives are functioning in the sectors of housing, agricultural credit, agricultural inputs, marketing of agricultural produce, storage and processing of agro produce, urban credit, production of fertilizers, dairy, fisheries, handlooms and handicrafts, etc. However, in spite of numerical expansion in different economic sectors, their performance in qualitative terms is not upto the mark. Many cooperatives are not being managed on principles of democratic member control and professional management. Some are heavily dependent on financial support from the Government, which has led to intervention in their day-to-day functioning and also political interference. Government of India has been striving to evolve an appropriate legislative framework to create an environment for healthy growth of cooperatives. However, the pace of reforms in cooperative legislations by the States has been slow. Therefore, it was felt necessary to make certain provisions in the Constitution to provide protection to cooperatives and to reduce political and bureaucratic interference. The need for such changes was endorsed by the Conference of State Cooperative Ministers held in December, 2004. Accordingly, the Constitution (One Hundred and Sixth Amendment) Bill, 2006 was introduced in Fourteenth Lok Sabha on 22.5.2006. After it lapsed, the Constitution (One Hundred and Eleventh Amendment) Bill, 2009 was introduced in the Lok Sabha on 30.11.2009. The Parliamentary Standing Committee held discussions with various stakeholders in the field of cooperatives, and presented its Report to Lok Sabha on 30th August, 2010. The suggestions made by the Standing Committee were examined by the Union Agriculture Department and Ministry of Law and Justice, and after due process, passed by Parliament on January 13, 2012. The object of the 97th Constitutional Amendment is to ensure that the Cooperative Societies in the country function in a democratic, profession, autonomous and economically sound manner. The amendment has empowered the Parliament in respect of multi-state Cooperative Societies and the State Legislatures in case of other Cooperative Societies to make appropriate laws concerning: a) Right to form Cooperative Societies as a Fundamental Right by insertion of the words 'Cooperative Societies' in sub clause (c) of clause (1) of Article 19. b) Insertion of Article 43B in part IV of the Constitution as Directive Principles of State Policy for voluntary formation, autonomous functioning, democratic control and professional management of Cooperative Societies. c) Provisions for incorporation, regulation and winding up of cooperative based on the principles of democratic member-control, member- economic participation and autonomous functioning; d) Specifying the maximum number of Directors of a Cooperative Society not exceeding twentyone members; e) Providing for a fixed term of five years from the date of election in respect of the elected members of the board and its office bearers;

MSWAs Housing Societies Review 30 March 2013

REPAIRING
(23 YEARS EXPERIENCE )

REDEVELOPMENT
(18 YEARS EXPERIENCE AS PMC )

Structural Audit as per BMC norms. Detailed Cost estimate. Preparing Tender documents. Guiding Society in selection of contractor. Day to day supervision. Certification of bills. Stability Certificate.

OTHER SERVICES

Installation of lift. Stack car parking.

Deemed Conveyance Verifying property document. Feasibility report. Preparing and floating tender. Guiding society's solicitor in preparing legal documents. Guiding society in selecting good builder. Guiding society for amenities, add area, corpous fund etc. Verifying various permission like IOD, CC etc. before vacating the plot. Strict supervision to monitor quality of construction. Scrutinsing all property paper before handover to society.

H.O.:- 4, 1st floor, Chandrakant Apt., Opp. Hanuman Mandir, Shreyas Colony, Goregaon (E), Mumbai - 63., Tel Nos.:- 9322255108, 9930344006, 9930999312, 29272735 / 29272382, E-mail :- neo_tech@mtnl.net.in

CONSULTING STRUCTURAL ENGINEER, ARCHITECT & PROJECT MANAGEMENT CONSULTANT. WITH OWN NDT EQUIPMENTS

ARVIND SINGH CONSULTANTS

NON DESTRUCTIVE TESTING. (NDT)

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Ultra Sonic Pulse Velocity for Concrete strength, uniformity, crack depth etc Rebound Hammer test for concrete strength. Moisture Testing instrument for leakage/seepage detection

Specialist in as follows with 10 years experience & done more than 150 bldgs structural audits a) STRUCTURAL AUDIT BY NDT & DETAIL SURVEY b) PROJECT MANAGEMENT CONSULTANTS for Redevelopment of existing society building i.e Feasibility Report, Tender Making, Selection of Developer ,Quality control of site up to possession. c) Repairs &Restoration with advance technology of polymer treatment and 5 to 10 years warranty for repair & waterproofing etc. d) Liasoning with BMC & other Govt dept etc Contact OFFICE : : ARVIND U .SINGH (BMC Registered Structural Engineer licence no:STR/229/S ) Gandhi Nagar Samadhan CHSL., Bldg no 45, Room no 2233, next to Mhada office, Bandra East , Mumbai - 51. . Tel-022-65210232, 65345001, Mob:9820993481 Email:arvindsingh.consultant@gmail.com www.arvindsinghconsultants.com

For more details :

MSWAs Housing Societies Review 31 March 2013

Providing for a maximum time limit of six months during which a Board of Directors of a Cooperative Society could be a superseded or kept under suspension; g) Providing for independent professional audit; h) Providing for right of access to information to Members of Cooperative Societies; i) Empowering the Government to obtain periodic reports of activities and accounts of Cooperative Societies; j) Providing for reservation of one seat for the Scheduled Castes or the Scheduled Tribes and two seats for women on the Board of every Cooperative Society, which have individuals as members from such categories; and k) providing for offences relating to Cooperative Societies and penalties in respect of such offences. The 97th Constitutional amendments is intended to ensure the autonomous and democratic functioning of cooperatives, and also enhance the public faith in these institutions and also ensure the accountability of management to the Members and other stakeholders and also provide for deterrence for violation of the provisions of the law. th The 97 Constitutional amendment is made effective from 16th Feb, 2013 in all states. Accordingly, Maharashtra Government constituted

f)

a committee of experts to receive a report about the amendments required in the Maharashtra Cooperative Societies Act, 1960 to give effect to the Constitutional amendment. After the receipt of the expert committee report a committee of Group of Ministers of Government of Maharashtra was constituted to look into necessary provisions and its effect in the co-operative movement of the state. A conference of Ministers, MLAs, MLC , Cooperative Department and other experts in the field was held in Vidhan Bhavan. The presentation was given by Shri. Rajgopal Devar, IAS, Secretary Co-operative Department. Many suggestions were received from the Hon'ble Members. Thereafter an ordinance to amend MCS Act, 1960 was passed in the Cabinet. The said ordinance and the copy of the 97th Constitutional Amendment is enclosed in this booklet. This book has been prepared keeping in mind the working of the Co-operative Housing Societies in Maharasthra. I trust you will find this book useful and informative. With love and spirit of service, CA Ramesh Prabhu, Chairman, Maharashtra Societies Welfare Association

MSWA empanelled Redevelopment Coordinator

1) Mr. Vishal Agarwal 2) CA. Suresh Jain 3) Mr. Paresh Sawant Appointment of Project Coordinator can be 4) Mr. Rajesh Moreas fixed by calling MSWA Office on 0225) CA. Prakash Vallecha 42551414. MSWA as empanelled following Hon. consultants. who are willing to coordinate with the Developers for Redevelopment & provide best offers. The meetings of the society & project coordinator will be held in Conference room of MSWA. Name of the Redevelopment Project Coordinator is as follows: 9930344132 9322224495 9820513191 9960730074 9821045102

Redevelopment Project Co0rdinator will understand the requirement of the society members and will fix up a meeting with suitable developer who will explain in details the requirement of the society members.
MSWAs Housing Societies Review 32 March 2013

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Structural Audit and Structural survey by using advance equipments. Estimation and Budgeting. Tender Document including Technical, Commercial and Legal terms. Project Management during execution of work. Monitoring Defects Liability period. Project Management Consultancy for building redevelopment. Architects / Structural Engineers.
Contact: 26763052 / 26791814 / 98193 68787 / 98211 68787

Attractive offer for Societies in Andheri (W)

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98201 59209 / 98201 26106

MSWAs Housing Societies Review 33 March 2013

AVAILABILITY OF - BOOKS - 022 - 42551414

BOOK NO. TITLE OF THE BOOKS PRICE MEMBER

BS - 02 BS - 02 BS - 03 BS - 04 BS - 05 BS - 06 BS - 07 BS - 08 BS - 09 BS - 10 BS - 11 BS - 12 BS - 13 BS - 14 BS - 15 BS - 18 BS - 19 BS - 21 BS - 22 BS - 23 BS - 24 BS - 26 BS - 29 FAQ - 02 FAQ - 13 BS - 15A

Deemed Conveyance English Deemed Conveyance Marathi Recovery of Dues Practical guide on Stamp Duty Registration of Documents Registration of Housing Society Statutory Obligation of Society Transfer of Flat Parking Rules & Regulations Nomination & Will Burning Issues Leave & License Redevelopment - Preparation Redevelopment - Tender Process Redevelopment - Documentation Associate Member - Rights, Duties Circular of Housing Societies Rights and Duties of Members Managers Manual Election Rules Minutes Writing Secretarial Manual Sinking Funds Deemed Conveyance - FAQ Redevelopment - FAQ PAAA Bye - Laws English Bye - Laws Marathi Housing Manual - Marathi / English HSG. Societies FAQ - Marathi / English

` ` ` ` ` ` ` ` ` ` ` ` ` ` ` ` ` ` ` ` ` ` ` ` ` ` ` ` ` `

625/725/200/150/120/120/80/150/150/125/70/100/200/150/200/80/150/120/100/70/150/100/70/200/120/100/45/35/100/200/-

` ` ` ` ` ` ` ` ` ` ` ` ` ` ` ` ` ` ` ` ` ` ` ` ` ` ` ` ` `

500/600/150/120/100/100/60/120/100/100/50/80/150/120/150/50/120/100/80/50/120/80/50/150/100/80/40/30/100/200/-

PERIOD 1 YEAR 3 YEAR 5 YEAR

FOR SOCIETY & INDIVIDUAL ` 1000/- + 12.36% Service Tax ` 2000/- + 12.36% Service Tax ` 3000/- + 12.36% Service Tax = ` 1124/= ` 2248/= ` 3371/-

MSWAs Housing Societies Review 34 March 2013

REDEVELOPMENT & CONVEYANCE CONFERENCE CUM EXHIBITON th th

16 & 17 FEBRUARY 2013 Mumbai

5TH DNA & MSWA

(L-R) Shri. Ramesh Prabhu, chairman MSWA, Shri. Subhash Patil, DDR-3, Shri. Subodh Kumar, former commissioner, MCGM, Shri. Ameet Mehta, Advocate, and Shri. Rajendra Pawar, Dist. Dy. Registrar

Shri. Ramesh Prabhu, Chairman- MSWA, and Anil Rathod, Dy. Engineer Redevelopment cell, MHADA, Interacting with the Gathering

Shri. M. Vikas, DNA - Real estate Head, Felicitating Shri Gopal Shetty, MLA

Shri. Ramesh Prabhu, Chairman- MSWA, Presenting a book on Redevelopment, authored by him to Shri Sanjay Nirupum, MP

Shri. Ramesh Prabhu, Chairman- MSWA, Presenting a book on Deemed Conveyance, authored by him to Shri. Amin Patel, MLA

Postal Registration No. MH/MR/N/ 79 /MBI/13-15 Posting At : Mumbai Patrika Channel, GPO, Mumbai. Date of Publication : 10th of Every Month Posting Date : 10th & 11th of Every Month

Shri Madhukar Choudhari, IAS, Commissioner for Co-operation & Registrar of CS, Explaining the Contents of the Amended MCS Act 1960
Shri. Ramesh Prabhu, Chairman- MSWA, Presenting a books on
Deemed Conveyance & various topics about Housing Societies, authored by him to

Shri Madhukar Choudhari, IAS, Commissioner for Co-operation & Registrar of CS

Shri. Ramesh Prabhu, Chairman- MSWA, Responding the queries of the Participant on Deemed Conveyance

Shri. Sanjay Nirupum Appreciating the Contents of the Book on Deemed Conveyance, Authored by Shri. Ramesh Prabhu, Chairman- MSWA,

L to R : Adv. Ameet Mehta, Shri. Satish Rao, PMC, Shri. Anup D. Gupta, PMC, Adv. Vinod Sampat, Arch. Samir Dharurkar, PMC, Shri. Krishnaraj Rao, A Consultant and Shri. Suresh Sahu, PMC, addressing the gathering at DNA Property Redevelopment Exhibition held on 16th & 17th February, 2013 at Bombay Exhibition Centre, Goregaon (E), Mumbai.

Tel.: 022 - 42551414 / 26248589 / 65.