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1) Sinking Fund may be used by the society for the reconstruction of its building or carrying out strucatural additions or alteration to strenthen the building as per the opinion of the society’s Architect. 2) Such heavy repair which is being certified by society’s Architect should be approved in General Body Meeting. 3) There isRead more

Procedure To Recover Dues From Housing Society Maintenance Bill Defaulters In current situtation running a society smoothly depends on how much cash reserves the society has in its bank. Few socitities doesn’t feel that much heat as members are cooperative and paying maintenance bills on time,check .Regular payment from members makes easier to run societyRead more

Sinking Fund Housing Society – Why Society Need It? It is risky to continue occupation of a building which has run its life. A provision has been made in the byelaws, enabling a co-operative housing society to collect contributions towards a sinking fund from members at a fixed rate per month. The rate fixed underRead more

How To Conduct AGM of Housing Society In Maharashtra The bye-laws in Maharashtra prescribe rules for the deadline for holding AGMs, the quorum for such meetings and the business that can be transacted, as well as penalties for members who fail to attend Every housing society has to adopt bye-laws, for its management and administration.Read more

Understanding Tenant Agreement Housing Society or RWA Rental agreements are more or less similar all over the country. It mentions various terms of the agreement, which include: * Amount of rent to be paid every month * The amount of safety deposit to be paid to the owner on a return basis * Period ofRead more

Income Tax On Housing Society The general perception of the Managing Committee of a cooperative housing society is that the income generated by the society is not chargeable to tax and therefore do not bother to file Annual Tax Return. This is a wrong perception since though certain types of income of cooperative housing societyRead more

Non Occupancy Charges for housing society Ref-housingsocietymaharashtra.blogspot.inRead more

म. टा. प्रतिनिधी, मुंबई सहकारी गृहनिर्माण संस्थांतील सदस्य मेंटेनन्सचा खर्च अथवा सोसायटीचे वीज बिल भरीत नसेल तर अशांविरुद्ध संबंधित थकबाकीदारांकडून वसुली करण्याचे अधिकार यापुढे सहकारी गृहनिर्माण संस्थांना मिळणार आहे, अशी माहिती सहकारमंत्री हर्षवर्धन पाटील यांनी दिली. यामुळे मुंबईसह राज्यातील विविध सहकारी गृहनिर्माण संस्थांतील नाठाळ सदस्यांवर सहकारी कायद्यातील कलम १०१नुसार थकबाकी वसुलीचे थेट अधिकार भविष्यात मिळणारRead more