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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General body permission, however, is a must. 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.

Mandatory filing of Annual returns and auditors appointment should be insisted for. Address of the society. You can find some of the popular methods to calculate the maintenance fee for your apartment along with their advantages and disadvantages below:.

Maharashtra Co-operative Housing Society Bye Laws

Your email address will not be published. Education and training of Co-operative members, committee members, officers and employees —. 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. Penalties prescribed for various offenses and a consolidated penalty for all defaults to maaharashtra Rs.

Pay According to Area The most commonly used and popular method to calculate the apartment maintenance fee is paying according to the area. You can find some of the popular methods to calculate the maintenance fee for your apartment along with their advantages and disadvantages below: Copy of Bye laws, list of members to be kept open for inspection to the public free of charge.

Casual vacancy in management committee to be informed to Election Authority and co-option is not allowed. Though it aims to be fair on all parties, houing is still a difference in opinion on which items should be charged as per apartment size.

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Appointment of Auditors, their Remuneration, Rights and Responsibilities, removal etc. Procedure for changing the name. To arrive at the monthly maintenance fee https: If defaulter member is still not paying out standing dues even after receiving Demand notice, Sale officer can seize the moveable property and can hand amharashtra over to Secretary or Chairman of society for custody.

Name of the Society. However, it is also one of the most unfair.

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

Exhibition of Name Board. Beyond that, any increment in area is charged according to a unit decided by the apartment association. Applicant to take 10 shares of Rs. This also depends maharsahtra the size of the apartment and the amount stays with the society until repairs are undertaken. Additional responsibility to file FIR if misappropriation, etc is provided.

Recent changes in Maharashtra CoOperative Society Act

Registrar may ask for hearing with defaulter member and verify the records. Partially Equal Fee In this method, a particular amount of money is charged on housig area up to a predetermined square feet value. However, since the common facilities such as lift, garden, club, security services, swimming pool etc. For More Details — Source. NOC of society for transfer of flat or property is not required. Mahaeashtra 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 maharasytra.

In this method, a particular amount of money is charged on the area up to a predetermined square feet value. In current situtation running a society smoothly depends on how much cash reserves the society has in its bank.

Recent changes in Maharashtra Co-Operative Society Act 1960

Education and Training fund of Rs. In most modern complexes, that is not the case and the small apartment owners end up paying an unfair amount of maintenance. 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.

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Every member is supposed to houslng to the sinking fund, which grows over the years. Elections of management committee must be notified six months in advance and to be held under the supervision of the newly constituted State Co-operative Election Authority SCEA. The condition for membership — Applicant to take 10 shares of Rs. Filing of Annual Mandatory Returns with the Registrar. Sinking fund can be utilized by the society and no permission of the Registrar is needed.

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. The popularity of this method comes from the fact that it housinv easier to calculate. A rate is fixed for one square feet and then multiplied by the total square feet area of your flat in this method. You May Also Like.

There is also a non-refundable sinking fund which is charged by the society for major repairs. However, Rule 24 and Bye-law No. Ownership in the property individually or jointly with others is must and whose name does not stand first in the share certificate.

The second part includes the area based charges that are specific to the apartments such as water charge and electricity usage.

Equal Fee for All This is perhaps the simplest of all models where a fixed amount is charged on all apartments. Cash expenses limit Rs. You bought an apartment and you moved in with your family and household items.