In the year of 2010, the provision of Deemed Conveyance for cooperative housing societies is amended by state government under sub- section (3) of section 11 of the Maharashtra Ownership Flats (Regulation of the Promotion of Construction, Sale, Management and Transfer) Act, 1963.

The essence of the Deemed Conveyance is as follows.

Deemed Conveyance Amendment is applicable to those cooperative housing Societies which have not received Conveyance from the Land Owners & Builder/Promoter/ Developers within prescribed period of 4 Months of their registration.
The aggrieved Society shall make a Deemed Conveyance Application to the Competent Authority designated by Government of Maharashtra u/s. 5[a] of MOF Act 1963.
The said Application shall include the Documents notified by Government of Maharashtra for Deemed Conveyance.
The Competent Authority shall conduct the hearings.
The Competent Authority on satisfaction shall issue the Deemed Conveyance Order & Certificate in favour of the Aggrieved Society.
The Competent Authority shall execute the Deemed Conveyance on behalf of the Defaulting Builder/Promoter/ Developers with the Aggrieved Society.