Transfer of leased plot (mcgm) from owner to society

Querist : Anonymous (Querist) 10 January 2022 This query is : Resolved
Hello All,

I'm the owner of a plot in Mumbai leased to me by the MCGM (BMC). The plot has now been developed and a society has been formed for the constructed building.

I need to transfer the plot from my name to the society's name and I understand a conveyance deed needs to be executed. However, I've received an advice saying a conveyance deed is not applicable in my case but a 'deed of assignment' needs to be executed to transfer the lease from me to the society. If anyone could please shed some light and point me in the right direction, it would be of great help. Thanks!

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Isaac Gabriel (Expert) 12 January 2022
You have not stated how you became the owner? Either by allotment by the society or by Lease cum sale deed? Neverthless deed of assignment does not arise since the society is anewly registere one.

kavksatyanarayana (Expert) 13 January 2022
Yes. Is it a lease cum sale deed or how did the MCGM allot the plot? Without verifying the allotment letter/lease cum sale of your plot, cannot form an opinion.

Querist : Anonymous (Querist) 18 January 2022
Dear Experts,
Yes, I became an owner by Lease cum Sale Deed (it was an inherited property purchased by my grandfather). Thanks in advance for your help.

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