RERA – Real Estate (Regulation and Development) Act 2016

After a lot of anticipation, Real Estate (Regulation And Development) Act 2016 (RERA) has finally come into the force, effectively 1st May 2017, and all the realty projects, the new and the on-going alike, need to be registered under state Regulatory Authority within three months, before 31st July 2017, as per the Government’s mandate. What Read more about RERA – Real Estate (Regulation and Development) Act 2016[…]

Cooperative Housing Chairman & Secretary for Election Duties

If you are an office-bearer in a building or a township’s registered cooperative housing society, you could find yourself serving as a booth-level volunteer during the polling days very soon. A rather forced move by the Maharashtra government, it has declared that the Chairmen and Secretaries of Cooperative Housing Societies have to serve as volunteers Read more about Cooperative Housing Chairman & Secretary for Election Duties[…]

SOCIETY BLUES : CONCERNS & ISSUES

It’s important for the Managing Committee of the Hosing Society to keep them self updated on the various compliance requirements as listed below. Is it mandatory to adopt Model Bye-laws? Yes. In accordance with the 97th constitutional amendment 2013, it is must for the housing society to adopt the Model bye-laws in your society. You Read more about SOCIETY BLUES : CONCERNS & ISSUES[…]

Can Non-Payment of Housing Society Bill be a Disqualification for Society Committee Election?

Did you register your name in the voters’ list for the assembly and general polls?   Yes! Now it’s time to ensure your name is also registered in the electoral roll of your housing society with the deadline for elections five weeks away. It’s important for the residents to ensure their membership formalities are completed and Read more about Can Non-Payment of Housing Society Bill be a Disqualification for Society Committee Election?[…]

Whether all the members are supposed to pay charges for using & maintaining lift?

There has been a lot of confusion regarding the payment of the maintenance and repair charges, regarding the use of the lift in Housing Co-op. Society. It would be important to mention here that some of the Societies are still following the old bye-laws, whilst most of the Societies have adopted the Model Bye-Laws. In Read more about Whether all the members are supposed to pay charges for using & maintaining lift?[…]

Associate Member contest Managing Committee Election

Can Associate Member contest Managing Committee Election?

There has been too many confusion on whether an “Associate Member” can vote?  Or can he be the part of Managing Committee / Officer Bearer? In accordance with Section 2(19) of the Maharashtra Cooperative Societies Act, an associate member jointly holds a share of the society with others, but whose name is not first in the share Read more about Can Associate Member contest Managing Committee Election?[…]

Real Estate (Regulation and Development) Bill (RERA)

There are many frauds like fake promises, project delay, deviation from approve plan, cheating over titles & conveyance, rental returns trap, untimely approvals, hidden charges, formation of project based company to reduce liability / legal issue etc. by the builder lobby, were in the life time earning of a common person has been eaten by Read more about Real Estate (Regulation and Development) Bill (RERA)[…]

Co-owner Addition In Your Property

A joint owner of the property can be made and as per law, be default, the owner will own half of the property by default, but you also have an option of specifying the particular ratio of ownership for the property. I am providing you with two options as to how you can make another Read more about Co-owner Addition In Your Property[…]

Safety Measure for Housing Societies

As Mumbai has seen in a increase in crime rates every other day and we all read it in the newspaper and fear for the same to happen to us. I request you to take an active role in your housing society to ensure safety of family and friends. Each and every one of us Read more about Safety Measure for Housing Societies[…]

Upcoming Property Investment Options In Navi Mumbai

Mumbai, the city of dreams is growing at lightening speed itself. The construction phase began in early 1970’s and is ever increasing. Navi Mumbai is rapidly growing with some awesome and wonderful properties investments that you can get your hands on. Its construction is managed completely by CIDCO. It has a large number of financial Read more about Upcoming Property Investment Options In Navi Mumbai[…]