MAHARASHTRA HOUSING SOCIETY BYLAWS PDF
Maharashtra Co-operative Housing Society Bye Laws. 1. PRELIMINARY. 1. (a) Name of the Society: The name of the Society shall. Mar 13, Smart way to manage your Co-Operative Housing Society. Web based Apartment Home; Blog. Bye Laws for Housing Society in Maharashtra. Aug 19, Procedure To Recover Dues From Housing Society Maintenance Bill Defaulters. In current situtation running a society smoothly depends on.
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This means that if you have a larger home, you will end up paying more. Partially Equal Fee In this method, a particular amount of money is charged on the area up to a predetermined square feet value.
Cash expenses limit Rs. Address of the society.
Name of the Society. One time limit for repairs and maintenance expenses management committee can decide is Rs.
The condition for membership — Applicant to take 10 shares of Rs. For encroachment of common areas by members to be charged at 5 times the monthly maintenance charges for the period of such encroachment.
Education and Training fund of Rs. Additional responsibility to file FIR if misappropriation, etc is provided.
Procedure for changing the name.
Amendment of bye-laws – Maharashtra Cooperative Societies Rules,
Leave bylawd Reply Cancel reply Your email address will not be published. In this method, a particular amount of money is charged on the area up to a predetermined square feet value. Further, a half-yearly meeting should be held to discuss the feasibility of the plan and also to cut down any charges that are imposed unnecessarily.
You bought an apartment and you moved in with your family and household items. The method involves splitting the charges into two with the first part including all the common expenses incurred on lifts, security staff salary, stationary, property taxes, conveyance, audit fees, meeting charges, common electricity etc. The Maharashtra Fire Prevention and Life Safety Measures Rules,made it mandatory for building owners and residents to conduct half byllaws yearly fire safety audits and socciety the report to the fire department.
To arrive at the monthly maintenance fee https: However, it is also one of the most unfair.
Tag Archives: Bye Laws for Co-operative Housing Society in Maharashtra
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. Registrar may ask for hearing with defaulter member and verify the records.
This also depends on the size of the apartment and the amount stays with the society until repairs are undertaken. The most commonly used and popular method to calculate the apartment maintenance fee is paying according to the area. NOC of sociey for transfer of flat or property is not required. However, Rule 24 and Bye-law No.
Pay According to Area The most commonly used and popular method to calculate the apartment maintenance fee is paying according to the area. This is perhaps the simplest of all models where a fixed amount is charged on all apartments. But have you given a thought about maintenance?
Recent changes in Maharashtra Co-Operative Society Act 1960
Though you own the apartment, you are a resident of the apartment complex, which means you are required to pay monthly charges for the maintenance of the common areas in addition to plumbing and electrical repairs inside your apartment. Beyond that, any increment in area is charged according to scoiety unit decided by the apartment association.
Name of the Society b The society shall follow the procedure laid down under Section 15 of the Act and Rule 14 of the Rules for the change of its name. Every member is supposed to contribute to the sinking fund, which grows over the years. Casual vacancy in management committee to be informed to Election Authority and co-option is not allowed.
However, since the common facilities such as lift, garden, club, security services, swimming pool etc. Exhibition of Name Board. Ownership in the property individually or jointly with others is must and whose name does not stand first in the share certificate.
After verifying and hearing if registrar find the appeal socifty he will issue recovery certificate to society.
For More Details — Source. The auditor should be a panel auditor and maximum appointment for consecutive three years and maximum 20 audits excluding for societies with a paid capital of less than Rs.
For More Details — Source Disclemair: