all you need to know about maharashtra ownership flat act 1963 (mofa 1963)

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The Maharashtra Ownership Flat Act 1963 (MOFA)

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Page 1: All You Need to Know About Maharashtra Ownership Flat Act 1963 (MOFA 1963)

The Maharashtra Ownership Flat Act 1963 (MOFA)

Page 2: All You Need to Know About Maharashtra Ownership Flat Act 1963 (MOFA 1963)

According to Circular Dated 9th July 2016, Issued By The Maharashtra State Police Department, The Govt Has Implemented The Maharashtra Ownership Flat Act-1963 ( MOFA) & the MRTP Act 1966.

Accordingly Builders Are Liable To Be Jailed For 3 Years, 5 Years or 9 Years Depending Upon The Nature Of Violation Of The Act..

Page 3: All You Need to Know About Maharashtra Ownership Flat Act 1963 (MOFA 1963)

Some Of The Violations On Which Police Can Act Are:

Possession Of Flat Is Not Given On The Promised Date..

Page 4: All You Need to Know About Maharashtra Ownership Flat Act 1963 (MOFA 1963)

Occupation Certificate Is Not Obtained Before The

Date Of Possession.

Some Of The Violations On Which Police Can Act Are:

Page 5: All You Need to Know About Maharashtra Ownership Flat Act 1963 (MOFA 1963)

Some Of The Violations On Which Police Can Act Are:

The BMC Approved Plan Is Not Displayed At The Site.

Page 6: All You Need to Know About Maharashtra Ownership Flat Act 1963 (MOFA 1963)

Some Of The Violations On Which Police Can Act Are:

On Receipt Of 20% Of The Cost Of Flat, If The Agreement Is Not

Executed.

Page 7: All You Need to Know About Maharashtra Ownership Flat Act 1963 (MOFA 1963)

Some Of The Violations On Which Police Can Act Are:

If The Amount Received From The Buyer Is Not Deposited In

Bank In Separate Account

Page 8: All You Need to Know About Maharashtra Ownership Flat Act 1963 (MOFA 1963)

Some Of The Violations On Which Police Can Act Are:

If The Construction Is Not As Per The Approved Plan.

Page 9: All You Need to Know About Maharashtra Ownership Flat Act 1963 (MOFA 1963)

Some Of The Violations On Which Police Can Act Are:

If Application For Formation Of Housing Society Is Not Put Up

Within 4 Months Of Giving Possession.

Page 10: All You Need to Know About Maharashtra Ownership Flat Act 1963 (MOFA 1963)

Some Of The Violations On Which Police Can Act Are:

If The Conveyance Of Land & Building Is Not Done Within 4 Months Of Registration Of The

Society.

Page 11: All You Need to Know About Maharashtra Ownership Flat Act 1963 (MOFA 1963)

*Issued in Public Interest So That Society Members / Flat Buyers Know Their Rights & Are Not Cheated In Any Transactions.