MAHARASHTRA HOUSING SOCIETY BYLAWS PDF

September 16, 2020   |   by admin

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. 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.

A sociey is fixed for one square feet and then multiplied by the total square feet area of your flat in this method. Procedure for changing the name. Education and training of Co-operative members, committee members, officers and employees —.

Bye Laws for Co-operative Housing Society in Maharashtra | SocietyRun

Leave a Reply Cancel reply Your email address will not be published. Society Committee can follow below procedure to recover dues from defaulter society member: For More Details — Source Disclemair: In current situtation running a society smoothly depends on how much cash reserves the society has in its bank. NOC of society for transfer of flat or property is not required. However, since the common facilities such as lift, garden, club, security services, swimming pool etc. 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.

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Address of the society. Equal Scoiety for All This is perhaps the simplest of societyy models where a fixed amount is charged on all apartments. 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. Mandatory filing of Annual returns and auditors appointment should be insisted for. The condition for membership — Applicant to take 10 shares of Rs.

Beyond that, any increment in area is charged according to a unit decided by the apartment association.

Registrar may ask for hearing with defaulter member and verify the records. Appointment of Auditors, their Remuneration, Rights and Responsibilities, removal etc. Exhibition of Name Board. You can find some of the popular methods to calculate the maintenance fee for your apartment along with their advantages and disadvantages below: Applicant to take 10 shares of Rs.

Other Important bye law provisions auditor should know: The second part includes the area based charges that are specific to the apartments such as water charge and electricity usage.

For More Details — Source. Cash in Hand at the close of the day limit increased from Rs. The Maharashtra Fire Prevention and Life Safety Measures Rules,made it mandatory for building owners and residents to conduct half — yearly fire safety audits and submit the report to the fire department. But have you given a thought about maintenance?

Casual vacancy in management committee to be informed to Election Authority and co-option is not allowed. Byoaws few socities are expcetion to this as default by members are keep on increasing, which make committee members work more deficult to manage.

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The method involves splitting the charges into two with the first part including all the common expenses incurred on lifts, security staff salary, stationary, mahharashtra taxes, conveyance, audit fees, meeting charges, common electricity etc.

Procedure for changing the address of the Society. Pay According to Area The most commonly used and popular method to calculate the apartment maintenance fee is paying according to the area.

Ownership in the property individually or jointly with others is must and whose name does not stand first in the share certificate. There is also a non-refundable sinking fund which is charged by the society for major repairs.

Partially Equal Fee In this method, a particular amount of money is charged on the area up to a predetermined square feet value.

For encroachment of common areas by members to be charged at 5 times the monthly maintenance charges for the period of such encroachment. Security bond for holding cash from the employee and officer and if paid up capital is less than 1.

MODEL BYE LAWS OF COOPERATIVE HOUSING SOCIETY

You bought an apartment and you moved in with your family and household items. Registration number and the registered address. You May Also Like.