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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

How To Calculate Maintenance Charges For Your Housing Society? You bought an apartment and you moved in with your family and household items. But have you given a thought about maintenance? Though you own the apartment, you are a resident of the apartment complex, which means you are required to pay monthly charges for theRead 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 Register Complaint Against Housing Society or RWA? Modern-day living is driven by community support and hence, in a housing society, Resident Welfare Associations or RWAs have become inevitable. It seeks to simplify housing complex level issues. Here’s why RWAs today are almost your saving grace: Planning, improving and ensuring better living standards Empowering residentsRead 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

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TDS for Housing Society On registration of housing society, the society gets the status of legal entity. Under the Income Tax Act 1961, a Cooperative Housing Society is taxable entity. It is mandatory for any legal entities to file TDS return and Income tax returns thus it is also obligatory to all housing societies toRead more