Webinar on Benami Transactions and Maharashtra Ownership Flats (Regulation of the Promotion of Construction, Sale, Management and Transfer) Act, 1963 (MOFA) and Real Estate and Development) Act, 2016 (RERA) for Completing Title

Introduction

The Bombay Chamber, under the auspices of its Legal Affairs & IPR Committee, is organizing the above webinar on `Benami Transactions and Special Laws (MOFA & RERA) for completing Title’ on Wednesday, 18th January, 2023 (on zoom).

Advocate Divya Malcolm, who has specialised in the Real Estate Sector for more than 15 years, will be addressing our members at this session. Her experience includes townships, residential, industrial, commercial, IT/ ITES projects. She has also worked on redevelopment of mill lands, slums, old and cessed buildings, and co-operative housing societies.   She was a Partner at Kochhar & Co. and Head- Real Estate at its Mumbai Office and currently, she has her own practice under the name Malcolm & Malcolm, Advocates.

The details of the topics that will be covered during the session is as follows. The first part will help in understanding Benami Transaction in order to avoid drafting errors, and also to secure real estate assets. The second part will help in understanding the importance of legally completing the title to the property and obtaining a conveyance along with special laws on the matter.

The Prohibition of Benami Property Transactions Act, 1988

• What is a benami transaction?
• What are the exceptions to benami transactions?
• Benami transactions in the context of Real Estate
• Avoid drafting blunders

Relevance of Mofa & Rera

• Why is it important to complete your title to the property?
• How can Co-operative Societies perfect their title to the land?

Don’t get entrapped in legal hassles. The webinar shall be useful to all: real estate developers, banks / funds/ financial institutions, conglomerates involved in acquisition of properties, and individuals.

We request you to avail the benefit of the webinar by participating and nominating concerned persons from your organization.

Participation is by Invitation, but registration is mandatory.

Contact Details :

Mr. Ganesh R.
Email : ganesh.r@bombaychamber.com
Tel : 4910 0218