Bye-law 75Ch.5 · Property and Parking
Deemed Allotment of Flat
Official Text
75. (a) A flat purchased by a Member from the Promoter/Builder or from an existing Member shall be deemed to have been allotted to the Member in accordance with Section 4 of the Maharashtra Ownership Flats Act, 1963.
(b) The allotment of a flat shall be subject to the conditions of the allotment letter issued by the Society or the Promoter/Builder, as the case may be.
(c) The allotment of a flat may be cancelled by the Society if the Member fails to pay the purchase price or any other dues in accordance with the terms of the allotment.
(d) A Member shall be entitled to take possession of his flat only after making full payment of the purchase price and all other dues as stipulated, and after fulfilling all the conditions for Membership.
(e) No Member shall use the flat for any purpose other than that for which it has been allotted, without the prior written permission of the Committee.
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