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Housing And Property Times
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A DRAFT DEED IS NOT A CONVEYANCE, AND THE BUILDER'S FSI IS NOT HIS FOREVER

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A DRAFT DEED IS NOT A CONVEYANCE, AND THE BUILDER'S FSI IS NOT HIS FOREVER

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What this means for you: Together, three changes close old delay tactics: post-conveyance FSI now belongs to the society, a draft deed alone doesn't satisfy a developer's legal obligation, and new MCS rules cap maintenance interest and standardise charges.

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Which of these three changes will most reduce redevelopment/conveyance delays?

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