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Home Business

Gujarat amends redevelopment rules for co-operative societies

One-fourth of the flat/apartment owners can move the competent authority to get the nod for redevelopment

by Navjeevan Express
6 years ago
in Business, Gujarat, Legal, Real Estate
Reading Time: 1 min read
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Gujarat amends redevelopment rules for co-operative societies

Representational photo

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NE NEWS SERVICE

AHMEDABAD, MARCH 16

To give boost to the infrastructure development, the Gujarat government has recently amended the cooperative societies Act, Under this Act, one-fourth of the flat/apartment owners can move the competent authority to get the nod for redevelopment.

The societies that have been registered under the Gujarat Co-operative societies 1962, who have been waiting for a long time, can now go and apply before the registrar co-operatives in Paldi. according to the update provided by the urban development department.

Now the state urban development department clarified that Section 19 (1) and (2) of the Gujarat Ownership of Flats (Amendment) Rules 2019, is also applicable to housing co-operatives.
The section clearly says, “The managing committee or the body of a co-operative society or association by whatever name called which is managing the affairs of the building, either suo moto or on an application received from one-fourth members of the flats or the apartments, as the case may be, concerning undertaking the re-development of the building for the reasons as provided in sections.”

A senior official of the state agriculture and co-operation department has stated that since the amendment was made to the Gujarat Ownership of Flats Rules, 1974, which comes under the state urban development department, the registrar of co-operatives in many districts, including Ahmedabad had been refusing redevelopment to co-operative housing societies who were applying for it.

The new amendment requires that the managing committee convene a special general meeting of the co-operative society or association within one month from the date of the ‘intent for redevelopment’ application is made before the registrar to decide on the redevelopment of the building.

Tags: 1974ahmedabdamendmentsflatsGujaratGujarat Ownership of Flats Rulespaldirecefelopmentregistrar of co-operativessocieties
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