Guides · At possession
At possession · 4 min readConveyance & Society Formation
Reviewed against MahaRERA rules · Informational, not legal advice
The short version: Taking possession isn't the finish line. Until the land and building are conveyed to your society, the builder still legally owns the ground you live on.
Society formation
Once enough flats are sold and occupied, buyers form a co-operative housing society (or apartment association) to run the building and represent owners collectively.
Conveyance & deemed conveyance
Conveyance is the legal transfer of the land and structure's title from the builder to the society. Builders often sit on it for years.
Maharashtra allows deemed conveyance, letting the society obtain the title even when the builder won't cooperate. Without conveyance, the society doesn't own its land — which affects redevelopment, security and every owner's rights. Push for both, and keep your agreement and share certificate safe.
What to watch for
- A builder holding conveyance for years after possession.
- A building where no society has been formed.
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This guide is general information to help you ask better questions — it is not legal advice, and it doesn't replace your own advocate or the official MahaRERA portal. Rules, rates and builder practices vary; always verify against the current MahaRERA record and your project's documents before acting.