Ownership claim

Dear Client,
Your query lacks information and transparency to address it properly. However, be informed that deemed conveyance is a legal process where the housing society can apply to the competent authority (District/Deputy Registrar, Cooperative Societies) for the transfer of ownership of the land and building when the builder/developer fails or refuses to execute the regular conveyance deed. The order from the District Deputy Registrar effectively transfers the ownership of the land and building to the society.. However, while a deemed conveyance order grants a valid title to the constructed buildings or property, the builder's heirs or legal successors can challenge the deemed conveyance order, leading to prolonged litigation. Transferable development rights(TDR) refers to the set of rights that can be transferred from one person to another—commonly given by the government to the developers or landowners for a planned development that extends beyond the owned piece of land. TDRs maintain a healthy balance in real estate development. Landowners of restricted areas get compensated for preserving valuable land, while developers in designated zones can purchase TDRs to build bigger projects. TDR is a land development technique that extends owners of protected land to sell unused development rights to builders in designated zones and enhances landowners income, and guides development efficiently. In the given scenario, you need to consult with an Advocate specialising in property law to navigate the matter effectively.