Section 79 for Re-Development of projects, in Maharashtra

Now a days number of projects are in Re-Development. Society Meyerbeer's are cheated in the hands of Builders, Project Management Commitee or by their own brothers in the society. Every one should follow the guidelines of Maharashtra Govt to save their hard earned money, invested in the house or the Home to line in

1. Section 79(A) –The Provisions of
Re-Development of Projects in Maharashtra
•Ca Manmohan Jindal
•Ex-Canara Bank, RV-SFA -Mumbai
•[email protected]
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2. 1.TheseareDirectiveareforRedevelopmentof
BuildingsofCo-operativeHousingSocieties.
2.DescribesunderSection79(A)ofMaharashtraCo-
operativeSocietiesAct1960
3.ApplicabletoalltheCo-operativeHousingSocieties
intheStateofMaharashtra

3. NumberofcomplaintsofmembersoftheCo-operativeHousing
societiesareasunder:
1.Nottakingthemembersinconfidenceintheprocessof
redevelopment.
2.Thereisnotransparencyintenderprocess.
3.Appointingcontractorsarbitrarily.
4.ToworkbyviolatingprovisionsofCo-operativeAct,RulesandBye-
Laws.

4. Contd…
5.NoorderlinessintheworkofArchitectandProjectConsultant.
6.NotplanningRedevelopmentProjectReport.
7.Notadoptingproperprocedureinfinalizingtenders.
8.ThereisnosimilarityinagreementswithDevelopers.

5. •Toresolvethecomplaints,
•TheDirectiveforRedevelopmentofBuildingofCo-operative
HousingSociety
•AreissuedunderSection79(A)ofMaharashtraCo-operativeSocieties
Act,1960.

6. Summaryofthedirectionsunder79aareasfollows:
01.Aminimumofone-fourthofthesociety'smembersmustsubmita
proposalforredevelopmenttotheManagingCommittee,alongwith
theirsuggestionsfortheproject.
02.TheManagingCommitteemustconveneaSpecialGeneralBody
Meetingwithineightdaysofreceivingtheproposal,providing
memberswiththeagendafourteendaysinadvance.

7. 03.Thesocietymustobtainquotationsfromatleastfiveexperienced
architects/projectmanagementconsultantsfortheredevelopment
projectreport.
04.TheSpecialGeneralBodyMeetingwilldecideonthepreliminary
redevelopmentplan,selectanarchitect/consultant,andoutlinethe
redevelopmentprogram.

8. •05.Decisionsrequireathree-fourthsmajorityvote,andminutesof
themeetingmustbeprovidedtoallmembers.
•06.Theselectedconsultantmustconductasurvey,consider
governmentpolicies,andprepareaprojectreportwithintwo
months.

9. •07.Tenderswillbeinvitedbasedontheprojectreport,andthe
selectionofdeveloperswillbedonethroughatransparentprocess,
withthefinaldecisionmadeataSpecialGeneralBodyMeetingwith
thepresenceofanauthorizedofficerfromtheRegistrar'soffice.

10. •08.Theagreementwiththedevelopermustincludeprovisionsfor
projectcompletionwithintwotothreeyears,abankguaranteefor
20%oftheprojectcost,alternativeaccommodationformembers
duringconstruction,andotherlegalandproceduralrequirements.
•09.Committeemembersorofficebearersofthesocietycannotbe
thedeveloperorrelatedtothem.

11. •10.BuildingplansapprovedbytheMunicipalCorporation/Competent
AuthoritymustbesharedwiththeGeneralBodyforinformation.
•11.Thedirectiveaimstoensurethattheredevelopmentprocessis
fair,transparent,andincompliancewiththelaw,ultimately
safeguardingtheinterestsofthemembersofco-operativehousing
societiesinMaharashtra.

12. •Thedirectiveaimstoensurethattheredevelopmentprocessisfair,
transparent,andincompliancewiththelaw,ultimatelysafeguarding
theinterestsofthemembersofco-operativehousingsocietiesin
Maharashtra.

13. •Thanks
•Ca Manmohan Jindal, RV-SFA, Mumbai
•[email protected]
•8850385224
•Adv. Abhay Jindal
•7021113005
•[email protected]